Tag: India: BigMint’s ferrous scrap index decline by INR 500/t d-o-d; cautious market sentiments

Sponge iron prices remain stable d-o-d Semis, steel prices decline by INR 200-300/t BigMint’s domestic end-cutting scrap index, tracking the Mandi Gobindgarh market, decreased by INR 200/tonne (t) d-o-d to INR 37,300/t DAP on 8 January 2025. Scrap prices in the region declined by INR 500-700/t over the past four days. Scrap prices in Mandi…