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

Sponge iron prices decrease by INR 200/t Semis, finished steel prices dip by INR 200/t BigMint’s domestic end-cutting scrap index, tracking the Mandi Gobindgarh market, decreased by INR 200/t to INR 34,000/t DAP on 7 October 2025. Scrap prices in Mandi fell by INR 200/t to 300/t today, following a decline in finished steel prices.…