Tag: India: BigMint’s ferrous scrap index held steady for the second consecutive day

Sponge iron prices remain stable Finished steel tags rise INR 200/t BigMint’s domestic end-cutting scrap index, tracking the Mandi Gobindgarh market, held steady d-o-d at INR 37,400/tonne (t) DAP on 31 January 2025 for the second consecutive day. A mill owner stated, “The first half of the trading session saw good demand for semi-finished and…