Tag: sponge iron price rise

India: BigMint’s scrap index holds steady d-o-d despite muted steel demand

Jul 30, 2025

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by

Tarun Naidu

in Melting Scrap

Raw material prices remain flat d-o-d Finished steel prices dip by INR 200/t BigMint’s domestic end-cutting scrap index, tracking the Mandi Gobindgarh market, remained firm d-o-d at INR 35,600/t DAP on 30 July 2025. Trade activity was firm in today’s final trading session, buoyed by a modest uptick in spot demand in the semi-finished steel…