Tag: end-cutting scrap prices mandi

India: BigMint’s ferrous scrap index gains INR 100/t d-o-d on positive market sentiment

Dec 31, 2025

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by

Tarun Naidu

in Melting Scrap

Safeguard duty on flat steel imports boosts market sentiment Domestic scrap demand stays strong on price hike expectations BigMint’s domestic end-cutting scrap index, tracking the Mandi Gobindgarh market, inched up by INR 100/tonne (t) d-o-d to INR 36,900/t DAP on 31 December 2025. India’s secondary steel markets remained upbeat in today’s trading session, with a…