Tag: India:BigMint’s ferrous scrap index gains INR 100/t d-o-d amid positive market sentiments

Safeguard duty on flat steel imports boosts market sentiment Domestic scrap demand stays strong on price hike expectations BigMint’s domestic end-cutting scrap index, tracking the Mandi Gobindgarh market, inched up by INR 100/tonne (t) d-o-d to INR 36,900/t DAP on 31 December 2025. India’s secondary steel markets remained upbeat in today’s trading session, with a…