Tag: Mandi scrap index prices

India: BigMint’s ferrous scrap index rises by INR 100/t d-o-d amid mixed steel market trends

Apr 9, 2025

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by

Shankar

in Melting Scrap

Sponge iron prices increase by INR 200/t Finished steel prices up INR 200/t d-o-d BigMint’s domestic end-cutting scrap index, tracking the Mandi Gobindgarh market, increased by INR 100/t d-o-d at INR 37,900/t DAP on 9 April 2025. The Mandi steel market experienced weak demand but most mills expect a rebound in the near term as…