Tag: India:BigMints scrap index rises by INR 100/t d-o-d amid a surge in steel demand+mandi scrap market+mandi scrap prices+old scrap+steel market trend mandi+punjab steel market

Sponge iron prices rise by INR 300/t d-o-d Steelmakers are optimistic about a positive shift BigMint’s domestic end-cutting scrap index tracking the Mandi Gobindgarh market rose by INR 100/t to INR 35,800/t DAP today. Over the past three days, demand in the Mandi steel market has seen notable improvement, particularly in the finished steel segment,…