Tag: India: BigMint’s scrap index edge up by INR 100/t amid tight GST monitoring disrupts scrap flow

Certain mills adjust charge mixes amid scrap shortages Semis, finished steel prices remain unchanged d-o-d BigMint’s domestic end-cutting scrap index, tracking the Mandi Gobindgarh market, increased by INR 100/tonne (t) d-o-d to INR 36,500/t DAP on 17 June 2025. Stringent GST inspections in Mandi significantly impacted the flow of scrap into the region, with most…