Tag: Ferrous scrap rate India

India: BigMint’s ferrous scrap index slides for third consecutive day

Sep 11, 2025

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by

Tarun Naidu

in Melting Scrap

Sponge iron prices dip by INR 200/t d-o-d Semis, finished steel prices down INR 200-300/t BigMint’s domestic end-cutting scrap index, tracking the Mandi Gobindgarh market, dipped by INR 200/tonne (t) d-o-d to INR 34,300/t DAP on 11 September 2025. The steel hub of north India, Mandi Gobindgarh, witnessed a rare quiet day as stringent GST…