Tag: India: BigMint’s scrap index rises INR 200/t d-o-d but dips by INR 550/t w-o-w

Raw materials, steel tags decline by INR 450-620/t w-o-w Outlook in Mandi Gobindgarh remains bearish BigMint’s domestic end-cutting scrap index, tracking the Mandi Gobindgarh market, increased by INR 200/t to INR 34,000/t DAP on 10 October 2025. Scrap sellers raised their offers in today’s session following a slight uptick in the semi-finished steel market. However,…