Tag: iron scrap prices

India: BigMint’s ferrous scrap index gains INR 300/t d-o-d amid moderate market activity

May 12, 2025

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by

Tarun Naidu

in Melting Scrap

Raw material prices improve by INR 200-300/t Semis, finished tags increase by INR 200-600/t BigMint’s domestic end-cutting scrap index, tracking the Mandi Gobindgarh market, improved marginally by INR 300/tonne (t) d-o-d to INR 37,200/t DAP on 12 May 2025, as semi-finished steel prices inched up amid moderate market sentiments. A Mandi-based mill owner informed BigMint,…