Tag: steel market recovery

India: BigMint’s scrap index gains INR 100/t d-o-d amid stable market sentiments

Jan 20, 2025

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by

Tarun Naidu

in Melting Scrap

Sponge iron tags remain stable d-o-d Semis prices rise by INR 100/t d-o-d BigMint’s domestic end-cutting scrap index, tracking the Mandi Gobindgarh market, edged up by INR 100/tonne (t) d-o-d to INR 36,500/t DAP on 20 January 2025. The market remained largely stable, and scrap prices increased by a slight INR 100/t d-o-d amid a…