Tag: steel market updates.

India: BigMint’s ferrous scrap index holds firm amid stable market trends

Feb 18, 2025

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by

Tarun Naidu

in Melting Scrap

Raw material prices rise by INR 100-200/t Finished steel prices remain stable d-o-d BigMint’s domestic end-cutting scrap index, tracking the Mandi Gobindgarh market, held steady d-o-d at INR 36,200/tonne (t) DAP on 18 February 2025.The mandi steel market today observed a stable trend, with no significant fluctuations. A mill owner informed: “Trade activity was slow…