Tag: India: BigMint’s scrap index falls by INR 400/t w-o-w on continued downtrend in steel prices

Sponge iron prices remain flat d-o-d Semis, finished steel prices up INR 100-200/t BigMint’s domestic end-cutting scrap index, tracking the Mandi Gobindgarh market, increased by INR 100/t d-o-d to INR 34,900/t DAP on 16 December. Today, the Mandi Gobindgarh steel market saw moderate demand for semi-finished and finished steel, with prices rising by around INR…