Tag: domestic steel scrap India

India: BigMint’s scrap index up INR 100/t d-o-d amid neutral market trends

Mar 4, 2025

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by

Tarun Naidu

in Melting Scrap

Sponge iron prices rise by INR 300/t d-o-d Semi-finished steel prices see INR 100/t uptick BigMint’s domestic end-cutting scrap index, tracking the Mandi Gobindgarh market, increased by INR 100/tonne (t) d-o-d to INR 36,500/t DAP on 4 March 2025.The Mandi steel market experienced a range-bound price trend, with mills anticipating that ingot prices in the…