Tag: India: BigMint’s ferrous scrap index edges up by INR 100/t amid positive market sentiments

Sponge iron prices remain flat d-o-d Semi-finished steel prices up INR 100/t  BigMint’s domestic end-cutting scrap index, tracking the Mandi Gobindgarh market, increased by INR 100/tonne (t) d-o-d to INR 35,800/t DAP on 24 December 2025. Mandi Gobindgarh, India’s key secondary steel hub, is experiencing robust scrap inflows at higher levels alongside strong procurement by…