Tag: India: BigMint’s scrap index gains 100/t amid moderate demand in finish steel

Mandi steel market remains slow amid inventory pressures Scrap buying holds steady, mills prioritise domestic material BigMint’s domestic end-cutting scrap index, tracking the Mandi Gobindgarh market, increased by INR 100/tonne (t) d-o-d to INR 37,600/t DAP on 31 December 2024 amid moderate demand in the finished steel segment. A mill owner informed, “The Mandi steel…