Tag: Indian steel industry update

India: BigMint’s scrap index increases by INR 100/t amid moderate market sentiments

Aug 13, 2025

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by

Tarun Naidu

in Melting Scrap

Substitute raw material prices stable Semi-finished steel prices gain INR 100/t d-o-d BigMint’s domestic end-cutting scrap index, tracking the Mandi Gobindgarh market, inched up by INR 100/t d-o-d to INR 35,700/t DAP on 13 August 2025. The Mandi steel scrap market remained steady today, with no major price fluctuations reported. Moderate demand for semi-finished steel…