Tag: India: BigMint’s scrap index weakens amid sluggish demand and seasonal disruptions

Billet falls by INR 100/t, rebar gains INR 200/t Mills continue to procure scrap at steady levels BigMint’s domestic end-cutting scrap index, tracking the Mandi Gobindgarh market, decreased by INR 100/tonne (t) d-o-d to INR 34,800/t DAP on 9 September 2025. The domestic ferrous market witnessed a mixed trend, with scrap and semi-finished steel prices…