Tag: India: BigMint’s scrap index up INR 200/t despite sluggish demand

India: BigMint’s scrap index up INR 200/t despite sluggish demand

Dec 12, 2024

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by

Tarun Naidu

in Melting Scrap

Sponge iron prices up INR 200/t in Mandi Semis, finished steel prices rise by INR 100/t BigMint’s domestic end-cutting scrap index, tracking the Mandi Gobindgarh market, rose marginally by INR 200/tonne (t) d-o-d to INR 36,500/t DAP on 12 December 2024. Today’s market saw slight improvements in scrap, semi-finished, and finished steel prices, but buyer…