Tag: India: BigMint’s scrap index drops three-week low amid soften market sentiments

Sponge iron tags decline by INR 200/t d-o-d Semis, finished prices drop by INR 150-200/t BigMint’s domestic end-cutting scrap index, tracking the Mandi Gobindgarh market, dipped by INR 200/tonne (t) d-o-d to INR 33,500/t DAP on 14 October 2025. Steel scrap prices in the region have been on a steady decline over the past three…