Tag: India: BigMint’s scrap index reflects softening prices as buyers stay on sidelines

Raw material prices remain flat d-o-d Semi-finished tags drop by INR 150/t BigMint’s domestic end-cutting scrap index, tracking the Mandi Gobindgarh market, fell by INR 100/tonne (t) d-o-d to INR 35,700/t DAP on 7 July, 2025. The market witnessed subdued trade in both the scrap and finished steel segments, prompting suppliers to face downward price…