Tag: India: BigMint’s ferrous scrap index slides by INR 200/t d-o-d

India: BigMint’s scrap index gains INR 100/t w-o-w amid moderate demand

Aug 8, 2025

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by

Tarun Naidu

in Melting Scrap

Mixed trends prevail in raw materials Finished steel demand improves slightly BigMint’s domestic end-cutting scrap index, tracking the Mandi Gobindgarh market, remained stable d-o-d at INR 35,600/t DAP on 8 August 2025. Scrap prices in the Indian market saw a modest rise of INR 100-165/t on a weekly basis, supported by steady but moderate demand…