Tag: India: BigMint’s ferrous scrap index remains stable for 2nd consecutive day

India: BigMint’s ferrous scrap index gains INR 300/t d-o-d as steel market improves

Nov 13, 2025

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by

Kanishka Chhabria

in Melting Scrap

Slight scrap shortage pushes mills to raise bids Prices increase across steel production chain BigMint’s domestic end-cutting scrap index, tracking the Mandi Gobindgarh market, improved by INR 300/tonne (t) d-o-d to INR 34,400/t DAP on 13 November 2025. Steel demand in Mandi Gobindgarh was healthy today, with active participation observed in the morning and afternoon…