Tag: India: BigMint’s ferrous scrap index rises INR 300/t amid moderate steel market

India: BigMint’s ferrous scrap index climbs INR 300/t d-o-d on improved steel demand

Nov 26, 2025

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by

Tarun Naidu

in Melting Scrap

Sponge iron prices increase by INR 200/t Semis, finished steel prices rise INR 200-300/t BigMint’s domestic end-cutting scrap index, tracking the Mandi Gobindgarh market, rose by INR 300/tonne (t) d-o-d to INR 35,300/t DAP on 26 Nov. India’s key secondary steel hub, Mandi Gobindgarh, saw an uptick in steel demand on Wednesday, with prices rising…