Tag: India: BigMint’s ferrous scrap index remains stable d-o-d;muted steel market

India: BigMint’s scrap index records INR 100/t d-o-d rise; market sentiment remains steady

Nov 17, 2025

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by

Tarun Naidu

in Melting Scrap

Sponge iron prices increase by INR 100/t Semis, finished tags rise by INR 100/t BigMint’s domestic end-cutting scrap index, tracking the Mandi Gobindgarh market, inched up by INR 100/tonne (t) d-o-d to INR 34,800/t DAP on 17 November 2025. Steel prices in Mandi Gobindgarh showed mild upward momentum today, but trading volumes remained limited, reflecting…