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

Raw material prices remain stable d-o-d Semi-finished, finished steel prices rise   BigMint’s domestic end-cutting scrap index, tracking the Mandi Gobindgarh market, increased by INR 300/t to INR 33,100/t DAP on 29 October 2025. Scrap sellers raised their offers in today’s session following a slight uptick in the semi-finished steel market. The market also experienced a…