Tag: ferrous scrap trend

India: BigMint’s scrap index holds steady d-o-d amid muted finished steel demand

Jul 22, 2025

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by

Tarun Naidu

in Melting Scrap

Slight pick-up in semis demand supports scrap tags Finished steel prices decline by INR 100/t d-o-d BigMint’s domestic end-cutting scrap index, tracking the Mandi Gobindgarh market, remained firm d-o-d at INR 35,000/t DAP on 22 July 2025. Trade activity remained steady in today’s last trading session, supported by a slight improvement in spot demand within…