Tag: steel market overview

India: BigMint’s scrap index remains steady amid moderate finished steel demand

Apr 1, 2025

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by

Tarun Naidu

in Melting Scrap

Alternate raw materials up by INR 200-500/t Finished steel prices rise by INR 400-600/t BigMint’s domestic end-cutting scrap index, tracking the Mandi Gobindgarh market, remained steady at INR 38,300/t DAP on 1 April 2025. A mill owner informed: “Today, the Mandi market observed moderate buying in finished steel due to strong demand from neighbouring states.…