Tag: domestic steel prices

India: BigMint’s ferrous scrap index holds firm amid stable market trends

Mar 11, 2025

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by

Tarun Naidu

in Melting Scrap

Alternate raw material prices remain stable Semis, finished steel prices stay flat d-o-d BigMint’s domestic end-cutting scrap index, tracking the Mandi Gobindgarh market, held steady d-o-d at INR 36,700/tonne (t) DAP on 11 March 2025. In the Mandi steel market, stable trends persist as mills continue to focus on procuring domestic scrap. Although the availability…