Tag: India: BigMint’s scrap index slips by INR 200/t amid range bound sentiments

Raw material prices remain unchanged Finished steel prices drop by INR 100/t BigMint’s domestic end-cutting scrap index, tracking the Mandi Gobindgarh market, rose by INR 100/tonne (t) d-o-d to INR 36,800/t DAP on 16 January 2025. Pressure persists in the Mandi steel market, with medium-scale mills operating at reduced production hours of 10-12 per day.…