Tag: India: BigMint’s ferrous scrap index remains flat d-o-d amid supply shortage

Sponge iron prices stay flat at INR 29,000/t Finished steel tags dip by INR 200/t today BigMint’s domestic end-cutting scrap index, tracking the Mandi Gobindgarh market, held steady d-o-d at INR 34,700/t DAP on 19 November 2025. The Mandi secondary steel market continues to experience only moderate demand for finished steel, while conversion margins remain…