Tag: Mandi scrap index prices

India: BigMint’s ferrous scrap index slides by INR 200/t amid soft steel market sentiment

Nov 24, 2025

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by

Kamal Gohil

in Melting Scrap

Sponge iron prices decrease by INR 100/t Semis, finished prices dip by INR 100-200/t BigMint’s domestic end-cutting scrap index, tracking the Mandi Gobindgarh market, decreased by INR 200/tonne (t) d-o-d to INR 34,800/t DAP on 24 November 2025. The Mandi steel market witnessed a cautious sentiment today, driven by sluggish demand in both semi-finished and…