Tag: mumbai steel market trend

India: BigMint’s scrap index inches up by INR 100/t d-o-d

Jan 16, 2025

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by

Tarun Naidu

in Melting Scrap

Raw material prices remain unchanged Finished steel prices drop by INR 100/t BigMint’s domestic end-cutting scrap index, tracking the Mandi Gobindgarh market, rose by INR 100/tonne (t) d-o-d to INR 36,800/t DAP on 16 January 2025. Pressure persists in the Mandi steel market, with medium-scale mills operating at reduced production hours of 10-12 per day.…