Tag: India: BigMint’s scrap index remains steady d-o-d amid muted steel demand

Mandi steel market sees need-based buying Finished steel prices fall by INR 100/t d-o-d BigMint’s domestic end-cutting scrap index, tracking the Mandi Gobindgarh market, remained firm d-o-d at INR 36,500/tonne (t) DAP on 21 January 2025. The Mandi steel market witnessed minimal inquiries, and trading remained subdued during both sessions. Only essential or need-based purchases…