Tag: India: BigMint’s scrap index slides by INR 200/t amid weak market sentiments

India: BigMint’s scrap index rises INR 400/t d-o-d on strengthening steel prices

Sep 8, 2025

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by

Tarun Naidu

in Melting Scrap

Alternate raw material prices rise INR 100-200/t d-o-d Semis, finished steel prices jump INR 200-600/t today BigMint’s domestic end-cutting scrap index, tracking the Mandi Gobindgarh market, improved by INR 400/tonne (t) to INR 34,900/t DAP on 8 September 2025. Scrap prices in Mandi Gobindgarh witnessed a sharp rise of INR 400-800/t today, driven by an…