Tag: Mandi scrap index prices

India: BigMint’s ferrous scrap index drops INR 200/t d-o-d amid need-based buying – 23 May

May 23, 2025

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by

Kamal Gohil

in Melting Scrap

Sponge iron prices remain stable d-o-d Semis, finished tags drop INR 100-150/t BigMint’s domestic end-cutting scrap index, tracking the Mandi Gobindgarh market, decreased by INR 200/t d-o-d to INR 36,800/t DAP on 23 May 2025. The Mandi steel market remained largely inactive today, with no significant trades reported in the semi-finished and finished steel segments.…