Tag: scrap prices update

India: BigMint’s scrap index slips by INR 200/t d-o-d amid cautious market sentiments

Jan 15, 2025

—

by

Tarun Naidu

in Melting Scrap

Raw material tags dip by INR 100-200/t Semi-finished prices drop by INR 200/t BigMint’s domestic end-cutting scrap index, tracking the Mandi Gobindgarh market, slide by INR 200/tonne (t) d-o-d to INR 36,700/t DAP on 15 January 2025. The market was range-bound today, with prices aligning with expectations from major mills. Demand for steel remained subdued…