Tag: steel price fluctuations
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India: BigMint’s scrap index stays flat amid stable steel demand
Substitute raw material prices remain stable Finished steel prices inch up by INR 100/t BigMint’s domestic end-cutting scrap index, tracking the Mandi Gobindgarh market, held steady d-o-d at INR 36,600/tonne (t) DAP on 17 March 2025. A mill owner informed: “Mills continue to purchase domestic scrap in average quantities, as there has been no shortage…