Tag: tender-auction update

India: BigMint’s ferrous scrap index gains 300/t d-o-d amid higher steel prices

Mar 5, 2025

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by

Tarun Naidu

in Melting Scrap

Raw material prices edge up by INR 100/t to 350/t Semis, finished steel prices improve by INR 100-300/t BigMint’s domestic end-cutting scrap index, tracking the Mandi Gobindgarh market, increased by INR 300/tonne (t) d-o-d to INR 36,800/t DAP on 5 March 2025. The market has seen average activity in scrap, as mills are focusing more…