Tag: India: BigMint’s scrap index remains flat; weak demand weighs on steel market

India: BigMint’s ferrous scrap index rises INR 200/t amid tightening scrap availability

Oct 30, 2025

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by

Tarun Naidu

in Melting Scrap

Raw material prices improve Semis, finished steel prices rise BigMint’s domestic end-cutting scrap index, tracking the Mandi Gobindgarh market, surged by INR 200/t to INR 33,300/t DAP on 30 October 2025.Scrap prices edged higher in today’s market amid tight supply conditions, while ongoing GST inspections continued to disrupt workflow in Mandi. Limited scrap availability prompted…