Tag: India: BigMint’s scrap index stays flat amid stable steel demand

India: BigMint’s ferrous scrap index holds steady d-o-d for 2nd consecutive day

Mar 18, 2025

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by

Tarun Naidu

in Melting Scrap

Sponge iron tags hold firm for 2nd straight day Semis, finished prices remain unchanged d-o-d BigMint’s domestic end-cutting scrap index, tracking the Mandi Gobindgarh market, held steady d-o-d at INR 36,600/tonne (t) DAP on 18 March 2025 for the second consecutive day. A mill owner noted, “Primary steelmakers announced a price increase for March, but…