Tag: India: BigMint’s scrap index marginally up INR 100/t amid steel demand stays rangebound

Sponge iron prices remain unchanged today Finished steel prices up INR 300/t d-o-d 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 2 January. A mill owner informed, “The overall steel market in Mandi appears to be stable, with mills continuing their routine…