Tag: Alang scrap market update August 2025

India: BigMint’s ferrous scrap index remains stable d-o-d amid steady steel demand

Aug 19, 2025

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by

Tarun Naidu

in Melting Scrap

Sponge iron prices constant from two consecutive days Finished steel prices tags a increase of INR 100/t BigMint’s domestic end-cutting scrap index, tracking the Mandi Gobindgarh market, remained stable d-o-d and assessed at INR 35,600/t DAP on 19 August 2025. Trading activity in the steel scrap segment remained stable day-on-day, supported by unchanged prices in…