Tag: India: BigMint’s ferrous scrap index drops INR 100/t amid steel demand softens

Sponge iron prices increase by INR 100/t Finished steel prices inch up by INR 100/t BigMint’s domestic end-cutting scrap index, tracking the Mandi Gobindgarh market, declined by INR 100/tonne (t) d-o-d to INR 34,700/t DAP on 18 November 2025. A mill owner informed: “Imported scrap supplies to Mandi Gobindgarh mills are currently being offered at…