Tag: Scrap Price Analysis India

India: BigMint’s scrap index declines by INR 100/t d-o-d amid range-bound steel prices

Feb 19, 2025

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by

Tarun Naidu

in Melting Scrap

Sponge iron prices dip by INR 100/t Finished steel prices remain steady BigMint’s domestic end-cutting scrap index, tracking the Mandi Gobindgarh market, declined slightly by INR 100/tonne (t) d-o-d to INR 36,100/t DAP on 19 February 2025. A mill owner informed, “In the Mandi steel market, only minimal price fluctuations were observed this week across…