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

Mills limit scrap purchases amid ample stocks Finished steel prices drop INR 50-200/t d-o-d BigMint’s domestic end-cutting scrap index, tracking the Mandi Gobindgarh market, decreased by INR 200/tonne (t) to INR 34,100/t DAP on 2 September 2025. Steel prices in Mandi Gobindgarh extended their downward trajectory this week, as limited trade activity and seasonal disruptions…