Tag: geopolitical tensions impact on steel market

Raw material tags dip INR 300-650/t w-o-w Semi-finished steel prices fall  BigMint’s domestic end-cutting scrap index, tracking the Mandi Gobindgarh market, dipped by INR 100/tonne (t) d-o-d to INR 36,900/t DAP on 9 May, 2025. Scrap prices remained rangebound w-o-w, with a minor decline seen. CR busheling scrap saw a reduction of INR 270/t, but…