Tag: India: BigMint’s scrap index stays stable amid range-bound trends

India: BigMint’s scrap index holds steady amid stable market conditions

Dec 17, 2024

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by

Tarun Naidu

in Melting Scrap

Sponge iron prices remain unchanged d-o-d Finished steel prices see a minor drop BigMint’s domestic end-cutting scrap index, tracking the Mandi Gobindgarh market remained steady at INR 36,900/t DAP on 17 December 2024. The steel scrap market is witnessing moderate trade activity, with mills opting to procure scrap strictly based on their immediate production requirements.…