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

India: BigMint’s ferrous scrap index climbs up by INR 500/t d-o-d as steel demand improves

Dec 22, 2025

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by

Tarun Naidu

in Melting Scrap

Leading mill announces hike in finished steel prices Semis, finished steel prices rise by INR 200-500/t BigMint’s domestic end-cutting scrap index, tracking the Mandi Gobindgarh market, increased by INR 500/tonne (t) d-o-d to INR 35,700/t DAP on 22 December 2025. Scrap prices in Mandi Gobindgarh, a key secondary steel market, surged today, driven by improved…