Tag: India: BigMint’s ferrous scrap index fall by 500/t w-o-w as demand stays weak

Scrap prices plunge to 6-month low in current week Competitive pressure from nearby markets continues BigMint’s domestic end-cutting scrap index, tracking the Mandi Gobindgarh market, declined by INR 200/tonne (t) d-o-d to INR 35,800/t DAP on 27 June 2025. Additionally, steel scrap prices in the Mandi Gobindgarh market declined by INR 500/t w-o-w, reflecting ongoing…