Tag: Indian scrap market daily update

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

Sep 1, 2025

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by

Tarun Naidu

in Melting Scrap

Scrap inflows halted for 3-4 days amid rains Alternative raw material prices remain firm BigMint’s domestic end-cutting scrap index, tracking the Mandi Gobindgarh market, fell by INR 200/t d-o-d to INR 34,300/t DAP on 1 September 2025. Steel trade activity in northern India has remained subdued over the past two weeks, with Mandi Gobindgarh scrap…