Tag: India: BigMint’s ferrous scrap index remains stable amid steady market

Raw material prices remain stable Finished steel prices inch up by INR 200/t d-o-d BigMint’s domestic end-cutting scrap index, tracking the Mandi Gobindgarh market, remained unchanged d-o-d at INR 37,400/t DAP on 20 December 2024. The Mandi steel market experienced a slow but steady day, as demand remained subdued. However, most mills expect a rebound…