Tag: Alang HMS scrap rate

India: BigMint’s ferrous scrap index stays firm d-o-d amid soft steel demand

Jun 30, 2025

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by

Kamal Gohil

in Melting Scrap

Semis, finished steel prices remain steady Sponge iron prices improve by INR 200/t BigMint’s domestic end-cutting scrap index in the Mandi Gobindgarh market remained stable d-o-d at INR 35,800/t DAP on 30 June 2025. Steel prices in Mandi Gobindgarh remained mostly unchanged today, with limited trading due to weak buying sentiment. Market activity was quieter…