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

India: BigMint’s scrap index falls INR 200/t d-o-d in cautious market

Mar 6, 2025

—

by

Tarun Naidu

in Melting Scrap

Sponge iron prices dip by INR 100/t Semi-finished prices down by INR 200/t BigMint’s domestic end-cutting scrap index, tracking the Mandi Gobindgarh market, slid down by INR 200/tonne (t) d-o-d to INR 36,600/t DAP on 6 March 2025. The steel market in Mandi saw a lull following a INR 300/t price hike during yesterday’s final…