Tag: India: BigMint’s scrap index rises by INR 230/t w-o-w amid positive market sentiment

Sponge iron prices remain stable d-o-d Finished steel prices gain INR 200/t d-o-d BigMint’s domestic end-cutting scrap index, tracking the Mandi Gobindgarh market, declined by INR 100/tonne (t) d-o-d to INR 36,000/t DAP on 5 August 2025. Steel scrap prices in the region saw a marginal decline of INR 100-200/t, with buyers maintaining moderate procurement…