Tag: Mandi updates

India: BigMint’s scrap index slides by INR 200/t amid weak steel demand

Feb 14, 2025

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by

Tarun Naidu

in Melting Scrap

Alternative raw material prices dip INR 100-200/t Semis, finished steel prices drop INR 200/t d-o-d BigMint’s domestic end-cutting scrap index, tracking the Mandi Gobindgarh market, dipped by INR 200/tonne (t) d-o-d to INR 36,500/t DAP on 14 February, 2025. A mill owner informed: “Compared to yesterday’s trading session, the Mandi steel market experienced weaker activity…