Tag: rebar price drop Mandi

India: BigMint’s ferrous scrap index drops by INR 100/t d-o-d in sluggish market

Apr 28, 2025

—

by

Kamal Gohil

in Melting Scrap

Semis decline by INR 100-500/t d-o-d Rebar loses INR 200/t in Mandi market BigMint’s domestic end-cutting scrap index, tracking the Mandi Gobindgarh market, declined slightly by INR 100/t d-o-d to INR 37,000/t DAP on 28 April, 2025. The overall steel market in Mandi experienced sluggish trading activity today, as buyers remained cautious amid expectations of…