Tag: Alang ship-breaking scrap prices 19 August 2025

India: BigMint’s scrap index remains steady w-o-w amid soft market sentiments

Aug 22, 2025

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by

Tarun Naidu

in Melting Scrap

Semis, finished steel prices drop INR 100/t w-o-w Market sentiment remains unclear, buyers cautious BigMint’s domestic end-cutting scrap index, tracking the Mandi Gobindgarh market, declined by INR 100/tonne (t) d-o-d to INR 35,500/t DAP on 22 August 2025. Steel scrap prices in Mandi Gobindgarh remained range-bound w-o-w, indicating stable market conditions. Prices across other scrap…