Tag: Scrap and Steel Market Performance Post-Festive Season

Sponge iron prices hold steady d-o-d Semis, finished steel see limited trades BigMint’s domestic end-cutting scrap index for the Mandi Gobindgarh market held firm d-o-d at INR 36,600/t ($433/t) DAP on 22 November 2024. Moderate inquiries were observed in the scrap segment, as mills prioritised sourcing domestic material. Meanwhile, the semi-finished and finished steel markets…