Tag: India: BigMint’s scrap index decline by INR 100/t d-o-d amid sluggish steel demand

Sponge iron prices remain steady d-o-d Semi-finished steel tags dip by INR 100/t BigMint’s domestic end-cutting scrap index, tracking the Mandi Gobindgarh market, declined by INR 200/tonne (t) d-o-d to INR 36,300/t DAP on 3 June, 2025.The market remained range-bound today, with mills procuring scrap in moderate volumes amid ongoing sales pressure. A mill owner…