Tag: Mandi market update

India: BigMint’s scrap index declines by INR 100/t, steel prices remain rangebound

Apr 4, 2025

—

by

Tarun Naidu

in Melting Scrap

Sponge iron prices remain stable d-o-d Semi-finished steel prices drop by INR 100/t BigMint’s domestic end-cutting scrap index, tracking the Mandi Gobindgarh market, decreased by INR 100/t to INR 38,600/t DAP on 4 April 2025. The Mandi steel market remained stable and range-bound prices were recorded for semi-finished and finished steel today. Steel mills expect…