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India: BigMint’s scrap index stable d-o-d despite drop in steel prices -15 April

Apr 15, 2025

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by

Tarun Naidu

in Melting Scrap

Sponge iron prices dip by INR 200/t Finished steel prices decrease by INR 100-200/t BigMint’s domestic end-cutting scrap index, tracking the Mandi Gobindgarh market, remained steady d-o-d at INR 37,700/t DAP on 15 April 2025. A mill owner said, “The steel market today echoed the same cautious sentiment seen yesterday, with buyers remaining on the…