Tag: HYDERABAD STEEL MARKET

India: BigMint’s scrap index remains flat d-o-d amid moderate market sentiment

Nov 3, 2025

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by

Tarun Naidu

in Melting Scrap

Strict checks at state borders tighten supply Semis, finished prices dip by INR 100-200/t BigMint’s domestic end-cutting scrap index, tracking the Mandi Gobindgarh market, held steady d-o-d at INR 33,700/t DAP on 3 November 2025. A mill owner informed BigMint, “In Mandi Gobindgarh, demand for HR strips (patra) remained moderate today, with market activity continuing…