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

GST checks slow overall steel market movement Semis, finished steel prices drop by INR 100/t BigMint’s domestic end-cutting scrap index, tracking the Mandi Gobindgarh market, declined by INR 200/tonne (t) d-o-d to INR 35,700/t DAP on 2 July, 2025. The market remained silent today, with mills procuring scrap at levels below moderate amid ongoing sales…