Tag: India: BigMint’s scrap index remains steady amid finished demand shows improvement

Alternate raw materials up by INR 200-500/t Finished steel prices rise by INR 400-600/t BigMint’s domestic end-cutting scrap index, tracking the Mandi Gobindgarh market, remained steady at INR 38,300/t DAP on 1 April 2025. A mill owner informed: “Today, the Mandi market observed moderate buying in finished steel due to strong demand from neighbouring states.…