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

Sponge iron prices rise by INR 100/t Semis, finished steel prices surge by INR 300-350/t BigMint’s domestic end-cutting scrap index, tracking the Mandi Gobindgarh market, increased by INR 300/tonne (t) d-o-d to INR 36,900/t DAP on 19 March 2025.The market saw average activity in scrap, as mills focused more on selling their finished material rather…