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

Sponge iron prices decrease by INR 390/t w-o-w Semis, finished steel prices dip by INR 360-580/t  BigMint’s domestic end-cutting scrap index, tracking the Mandi Gobindgarh market, declined by INR 200/tonne (t) d-o-d to INR 35,100/t DAP on 12 December 2025.However, the index decreased by INR 400/t w-o-w as steel prices continued to edge down. Scrap…