Tag: liquidity pressure

India: BigMint’s ferrous scrap index dips by INR 100/t d-o-d

Mar 25, 2025

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by

Tarun Naidu

in Melting Scrap

Sponge iron prices dip by INR 100/t Semi-finished tags drop by INR 100/t BigMint’s domestic end-cutting scrap index, tracking the Mandi Gobindgarh market, declined by INR 100/tonne (t) d-o-d to INR 38,100/t DAP on 25 March 2025. Compared to the last two days, the Mandi market saw slower trade activity today, particularly in scrap procurement.…