Tag: India: BigMint’s scrap index remains stable d-o-d amid muted steel market

Sponge iron prices remain unchanged d-o-d Rebar prices dip INR 200/t BigMint’s domestic end-cutting scrap index, tracking the Mandi Gobindgarh market, remained steady at INR 36,400/t DAP on 19 November 2024. In the scrap market today, bid-offer disparities persisted. While prices for some grades remained stable, others saw minor increases. Major mills continued procuring scrap…