SteelMint

Tag: Alang ship-breaking market

  • India: BigMint’s scrap index flat d-o-d, outlook remains weak

    India: BigMint’s scrap index flat d-o-d, outlook remains weak

    —

    by

    Tarun Naidu
    in

    Stability prevails in raw material prices Finished steel extends losses on weak demand   BigMint’s domestic end-cutting scrap index, tracking the Mandi Gobindgarh market remained stable d-o-d at INR 35,200/t DAP on 15 July 2025. The market continues to experience slow activity as demand for both semi-finished and finished steel remains lacklustre. Scrap and semi-finished steel…