Tag: India: BigMint’s scrap index holds firm; weak demand weighs on finished steel market

Sponge iron prices remain steady d-o-d in Mandi Semis, finished prices dip by INR 100-200/t d-o-d BigMint’s domestic end-cutting scrap index, tracking the Mandi Gobindgarh market, declined by INR 200/t d-o-d to INR 33,700/t DAP on 13 October 2025. Steel prices in Mandi Gobindgarh opened the first day of Week 42 on a weak note,…