Tag: India:BigMint’s scrap index falls INR 200/t as monsoon rains stall northern India steel trade

Strong supply, regional competition weigh on prices Semis, finished steel prices drop by INR 200/t d-o-d BigMint’s domestic end-cutting scrap index, tracking the Mandi Gobindgarh market, fell by INR 200/tonne (t) d-o-d to INR 33,900/t DAP on 3 September 2025. Over the past 13 days, domestic steel scrap prices in Mandi have experienced a significant…