Tag: India: BigMint’s ferrous scrap index gains INR 200/t amid decent steel demand

Raw material prices improve by INR 100-200/t Semis, finished steel prices up INR 200/t d-o-d BigMint’s domestic end-cutting scrap index, tracking the Mandi Gobindgarh market, increased by INR 200/t to INR 36,900/tonne (t) DAP on 24 January 2025. A mill owner informed that moderate buying inquiries have continued over the past two days, but the…