Tag: pig iron price rise

India: BigMint’s scrap index declines by INR 100/t d-o-d amid range-bound steel prices

Mar 10, 2025

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by

Tarun Naidu

in Melting Scrap

Sponge iron prices dip by INR 100/t d-o-d Semis, finished prices down by INR 100/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 36,700/t DAP on 10 March 2025. A mill owner informed BigMint, “In the Mandi steel market, minimal price fluctuations were observed…