Tag: India: BigMint’s ferrous scrap index up INR 200/t w-o-w; scrap shortage and strict GST inspections

Strict checks at state borders tighten supply Semis, finished prices dip by INR 100-200/t BigMint’s domestic end-cutting scrap index, tracking the Mandi Gobindgarh market, held steady d-o-d at INR 33,700/t DAP on 3 November 2025. A mill owner informed BigMint, “In Mandi Gobindgarh, demand for HR strips (patra) remained moderate today, with market activity continuing…