Tag: Raipur conversion spread

India: BigMint’s scrap index slides by INR 200/t d-o-d amid weak market sentiments

Sep 16, 2025

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by

Kamal Gohil

in Melting Scrap

Semis, finished steel prices drop by INR 100/t d-o-d Sponge iron prices remain steady d-o-d BigMint’s domestic end-cutting scrap index, tracking the Mandi Gobindgarh market, fell by INR 200/tonne (t) d-o-d to INR 34,100/t DAP on 16 September 2025. The overall scrap market remained sluggish today, with a slight price correction observed in semi-finished steel.…