Tag: Mandi update

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

Feb 21, 2025

—

by

Tarun Naidu

in Melting Scrap

Raw material prices dip by INR 100-200/t Semis, finished steel prices slide by INR 200/t BigMint’s domestic end-cutting scrap index, tracking the Mandi Gobindgarh market, declined slightly by INR 100/tonne (t) d-o-d to INR 36,100/t DAP on 21 February 2025. Scrap prices in the region dropped by INR 400-500/t on a weekly basis, as demand…