Tag: alang scrap update

India: BigMint’s ferrous scrap index drops as cautious sentiment prevails in market

Jun 11, 2025

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by

Kamal Gohil

in Melting Scrap

Buyers conclude deals to meet immediate needs Trade sentiment weak amid steady drop in long steel prices BigMint’s domestic end-cutting scrap index, tracking the Mandi Gobindgarh market, dipped by INR 100/tonne (t) d-o-d to INR 36,300/t DAP on 11 June 2025. The Mandi steel market witnessed a cautious sentiment today, driven by sluggish demand in…