Tag: India: BigMint’s scrap index declines INR 100/t amid rangebound steel prices

Sponge iron prices dip by INR 100/t Finished steel prices remain steady BigMint’s domestic end-cutting scrap index, tracking the Mandi Gobindgarh market, declined slightly by INR 100/tonne (t) d-o-d to INR 36,100/t DAP on 19 February 2025. A mill owner informed, “In the Mandi steel market, only minimal price fluctuations were observed this week across…