Tag: India: BigMint’s scrap index slides by INR 100/t d-o-d pressure weighs on steel prices

Limited scrap availability boosts prices But cautious buying sentiment persists BigMint’s domestic end-cutting scrap index, tracking the Mandi Gobindgarh market, increased by INR 200/tonne (t) d-o-d to INR 36,000/t DAP on 26 June 2025. Scrap prices in the region improved by INR 100-200/t today. A mill owner informed BigMint, “Scrap availability remains tight in the…