Tag: end-cutting scrap index

India: BigMint’s scrap index rises by INR 230/t w-o-w on positive market sentiment

Aug 1, 2025

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by

Tarun Naidu

in Melting Scrap

Sponge iron prices surge INR 500-650/t w-o-w Semis, finished steel prices improve INR 200-300/t BigMint’s domestic end-cutting scrap index, tracking the Mandi Gobindgarh market, increased by INR 100/tonne (t) d-o-d to INR 35,700/t DAP on 1 Aug’ 2025.Scrap prices in the Mandi region witnessed a sharp week-on-week rise of INR 130 to 230/t, supported by…