Tag: domestic scrap procurement

India: BigMint’s scrap index climbs another INR 200/t as steel demand improves-14 Jan

Jan 14, 2025

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by

Tarun Naidu

in Melting Scrap

Sponge iron prices edge up by INR 100/t Semis, finished steel prices rise by INR 100-200/t d-o-d BigMint’s domestic end-cutting scrap index, tracking the Mandi Gobindgarh market, increased by INR 200/tonne (t) d-o-d to INR 36,900/t DAP on 14 January 2025. A mill owner informed: “Compared to yesterday, the steel market witnessed a noticeable uptick…