Tag: India: BigMint’s ferrous scrap market weakens further amid muted steel demand

Scrap prices under pressure due to ample arrivals Finished steel trade slow amid dull downstream sector  BigMint’s domestic end-cutting scrap index, tracking the Mandi Gobindgarh market, decreased by INR 300/tonne (t) d-o-d to INR 34,900/t DAP on 26 August 2025. The Mandi scrap market is reeling under pressure as prices plunged by INR 600/t in…