Tag: India: BigMint’s scrap index dips INR 200/t d-o-d amid muted steel demand

Raw material prices remain stable d-o-d Semis, finished steel prices decline by INR 200-300/t BigMint’s domestic end-cutting scrap index, tracking the Mandi Gobindgarh market, decreased by INR 200/tonne (t) d-o-d to INR 37,400/t DAP on 3 January, 2025. A mill owner informed: “The steel market continues to witness subdued trade activity in both the semi-finished…