Tag: steel production costs

India: BigMint’s ferrous scrap index declines by INR 230/t w-o-w

Apr 25, 2025

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by

Tarun Naidu

in Melting Scrap

Raw material prices tags dip INR 200-600/t w-o-w Semi-finished steel prices fall by around INR 200/t BigMint’s domestic end-cutting scrap index, tracking the Mandi Gobindgarh market, declined by 300/tonne (t) d-o-d to INR 37,200/t DAP on 25 April 2025. W-o-w, scrap prices decreased by INR 200-300/t in the region. Overall, the market showed a stable…