Tag: Sponge iron prices Raipur

India: BigMint’s scrap index slips INR 300/t amid weak steel demand-10 Dec

Dec 10, 2024

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by

Tarun Naidu

in Melting Scrap

Alternate raw materials witness a price drop Semis, finished steel prices dip INR 100-200/t d-o-d BigMint’s domestic end-cutting scrap index, tracking the Mandi Gobindgarh market dropped by INR 300/t to INR 36,500/tonne (t) DAP on 10 December 2024. Steel mills are facing sales pressure in both the semi-finished and finished steel segments. Additionally, scrap procurement…