Tag: India: BigMint’s scrap index gains INR 200/t amid moderate steel demand

Sponge iron prices improve by INR 300/t d-o-d Semis, finished prices edge up by INR 100-200/t BigMint’s domestic end-cutting scrap index, tracking the Mandi Gobindgarh market, increased by INR 200/tonne (t) d-o-d to INR 36,100/t DAP on 4 August. Scrap procurement in Mandi Gobindgarh remained moderate, with no large-volume deals reported. A mill owner informed,…