Tag: scrap market update India
-

India: BigMint’s ferrous scrap index stays firm d-o-d despite muted trade
Sponge iron prices dip by INR 50-100/t d-o-d Semis, finished steel prices remain steady BigMint’s domestic end-cutting scrap index in the Mandi Gobindgarh market remained stable d-o-d at INR 36,900/t DAP on 6 May 2025. Both halves of the trading session remained subdued, with sluggish activity observed throughout the day. Price movement was largely rangebound,…