Tag: India: BigMint’s ferrous scrap index gains INR 300/t d-o-d

India: BigMint scrap Index falls by INR 100/t d-o-d amid mild scrap shortage and cautious trade

May 15, 2025

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by

Tarun Naidu

in Melting Scrap

Raw material prices tags a drop of INR 100-200/t Semi-finished steel prices dips 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 36,900/t DAP on 15 May 2025.No major improvement was observed in the market today, though slight shortages and need-based buying in…