Tag: loha bhav mandi

India: BigMint’s ferrous scrap index holds firm amid stable market trends

Feb 27, 2025

—

by

Tarun Naidu

in Melting Scrap

Sponge iron prices rise by INR 200/t Finished steel prices up INR 100/t BigMint’s domestic end-cutting scrap index, tracking the Mandi Gobindgarh market, held steady d-o-d at INR 36,600/tonne (t) DAP on 27 February 2025. The mandi steel market today observed a stable trend, with no significant fluctuations. A Mandi mill owner informed “The market…