Tag: India: BigMint’s scrap index dips by INR 200/t d-o-d amid fiscal year-end priorities

India: BigMint’s scrap index falls INR 200/t d-o-d as trades slow down ahead of fiscal year-end

Mar 27, 2025

—

by

Tarun Naidu

in Melting Scrap

Sponge iron prices increase by INR 300/t Semi-finished prices drop by INR 200/t BigMint’s domestic end-cutting scrap index, tracking the Mandi Gobindgarh market declined by INR 200/t to INR 37,900/tonne (t) DAP on 27 March 2025. Trade activity was slow in both trading sessions today, as most mills prioritised settlements of their credit payments ahead…