Tag: India: BigMint’s ferrous scrap index climbs INR 300/t d-o-d on improved steel demand

Sponge iron prices remains flat w-o-w Semis, finished steel prices improves by INR 600/t BigMint’s domestic end-cutting scrap index, tracking the Mandi Gobindgarh market, decreased by INR 100/t d-o-d to INR 35,900/t DAP on 5 December. However, the index increased by INR 580/t w-o-w. Mandi Gobindgarh, India’s key secondary steel hub, exhibited positive price gains…