Tag: India:BigMint’s scrap index remains stable amid muted steel demand

Sponge iron prices remain stable d-o-d in Mandi Semis, finished markets dip INR 100-200/t d-o-d BigMint’s domestic end-cutting scrap index tracking the Mandi Gobindgarh market remained stable at INR 38,500/t DAP on 1 August, 2024. Mandi scrap prices remained stable amid moderate trade, while slow trade activity in semi-finished steel was witnessed today compared to…