Tag: India: BigMint’s ferrous scrap index gains 300/t d-o-d amid higher steel prices

India: BigMint’s scrap index rises by INR 200/t d-o-d as steel demand shows improvement

Mar 20, 2025

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by

Tarun Naidu

in Melting Scrap

Sponge iron prices edge up INR 100/t d-o-d Semis, finished tags climb up INR 200-300/t BigMint’s domestic end-cutting scrap index, tracking the Mandi Gobindgarh market, increased by INR 200/tonne (t) d-o-d to INR 37,100/t DAP on 20 March 2025. In today’s trading session, Mandi Gobindgarh saw a notable improvement in market activity, with steel demand…