Tag: India: BigMint’s scrap index drops again amid tepid market conditions

India: BigMint’s scrap index drops slightly amid bearish market trends

Jul 3, 2025

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by

Tarun Naidu

in Melting Scrap

Raw materials, steel prices fall in Jun’25 Steel slump squeezes Mandi mills BigMint’s domestic end-cutting scrap index, tracking the Mandi Gobindgarh market, fell by INR 100/tonne (t) d-o-d to INR 35,600/t DAP on 3 July, 2025. Today in Mandi and Ludhiana, steel scrap prices declined by INR 100-200/t across various grades amid ongoing GST checks,…