Tag: India: BigMint’s scrap index remains stable d-o-d amid cautious market sentiment

Sponge iron prices remain steady d-o-d Finished steel prices improve slightly BigMint’s domestic end-cutting scrap index for the Mandi Gobindgarh market held firm d-o-d at INR 37,000/tonne (t) DAP on 20 May 2025, reflecting a stable demand-supply balance amid muted trades. A mill owner informed BigMint,”Steel prices in Mandi Gobindgarh remained mostly unchanged today, with…