Tag: India: BigMint’s scrap index falls by INR 400/t w-o-w on continued downtrend in steel prices

Sponge iron prices remain stable d-o-d Semis, finished prices rise by INR 100/t BigMint’s domestic end-cutting scrap index, tracking the Mandi Gobindgarh market, inched up by INR 100/tonne (t) d-o-d to INR 35,000/t DAP on 17 December 2025. Today’s market trend in Mandi Gobindgarh reflected a mild upward momentum in steel prices, though trading activity…