Tag: Mandi scrap index prices

India: BigMint’s scrap index falls INR 100/t d-o-d on subdued steel demand

Feb 5, 2025

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by

Kamal Gohil

in Melting Scrap

Weak demand for semis, finished steel continues Pig iron, DRI prices remain stable d-o-d BigMint’s domestic end-cutting scrap index, tracking the Mandi Gobindgarh market, dipped INR 100/t d-o-d to INR 36,800/t DAP on 5 February 2025. Overall, market sentiments remained range-bound, with minor fluctuations observed in semi-finished and finished steel prices. Trade activity was subdued,…