Tag: Steel Industry Insights

India: BigMint’s scrap index gains INR 200/t d-o-d as steel demand shows slight improvement – 24 Feb

Feb 24, 2025

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by

Tarun Naidu

in Melting Scrap

Raw material prices up by INR 100-500/t Semis, finished tags rise by INR 100-200/t BigMint’s domestic end-cutting scrap index, tracking the Mandi Gobindgarh market, increased by INR 200/tonne (t) d-o-d to INR 36,500/t DAP on 24 February 2025. Scrap buying in the region was moderate; however, due to a slight improvement in steel demand and…