Tag: India: BigMint’s ferrous scrap index slides INR 100/t; pressure on finished steel

Sponge iron prices drop by INR 200/t d-o-d Semis tags fall by INR 100/t; rebar holds firm BigMint’s domestic end-cutting scrap index, tracking the Mandi Gobindgarh market, decreased by INR 100/t d-o-d to INR 34,700/t DAP on 29 September 2025. Scrap prices across the region declined by INR 100-200/t amid subdued buying interest in the…