Tag: India: BigMint’s scrap index climbs by INR 300/t amid decent steel demand

Sponge iron prices rise by INR 200/t Semis, finished steel prices up INR 200-300/t d-o-d BigMint’s domestic end-cutting scrap index, tracking the Mandi Gobindgarh market moved up by INR 300/t to INR 36,900/t DAP on 16 December 2024. The last trading session proved favourable for Mandi steelmakers, with strong spot demand driving activity in the…