Tag: Indian raw material market
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India: BigMint’s scrap index holds steady d-o-d amid subdued market sentiments
Tight availability of certain grades supports prices Semi-finished steel prices drop INR 100/t d-o-d BigMint’s domestic end-cutting scrap index, tracking the Mandi Gobindgarh market, remained stable d-o-d at INR 36,500/tonne (t) DAP on 18 June 2025. Market activity remained subdued today, with most purchases limited to immediate requirements. Ongoing weakness in demand for both semi-finished…