Tag: India: BigMint’s scrap index witnesses continued growth

India: BigMint’s scrap index surges by INR 800/t d-o-d as steel demand shows sustained growth

Mar 24, 2025

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by

Tarun Naidu

in Melting Scrap

Sponge iron prices increase by INR 200/t d-o-d Semis, finished tags surge INR 500-600/t d-o-d BigMint’s domestic end-cutting scrap index, tracking the Mandi Gobindgarh market, rose by INR 800/tonne (t) d-o-d to INR 38,200/t DAP on 24 March 2025. The market saw some improved trading activity in all steel segments from yesterday evening. Moreover, spot…