Tag: Raipur steel market
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India: BigMint’s ferrous scrap index remains stable d-o-d amid supply constraints
Mills limit inventory build-up despite tight supply Finished steel prices ease on subdued demand BigMint’s domestic end-cutting scrap index, tracking the Mandi Gobindgarh market, remained unchanged d-o-d at INR 38,600/t DAP on 6 August 2026. Prices remained stable due to tight supply and need-based buying. Limited purchasing interest and the absence of strong upward triggers…