Tag: India: BigMint’s ferrous scrap index climbs INR 400/t amid finish prices tags

Sponge iron prices rise by INR 200/t Semis, finished steel prices up INR 300-400/t BigMint’s domestic end-cutting scrap index, tracking the Mandi Gobindgarh market, rose by INR 400/tonne (t) d-o-d to INR 37,500/t DAP on 21 March 2025. Scrap procurement by mills in the region remained moderate, as finished steel producers raised TMT prices by…