Tag: Mandi scrap index prices

India: BigMint’s ferrous scrap index stays flat d-o-d amid slow steel market sentiment

Oct 9, 2025

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by

Kamal Gohil

in Melting Scrap

Pig iron prices remain flat d-o-d Semis, finished steel prices stable BigMint’s domestic end-cutting scrap index, tracking the Mandi Gobindgarh market, remained steady d-o-d at INR 33,800/t DAP on 9 October 2025. Mandi’s steel mills are confronting inventory pressure in finished steel, signalling sales difficulties in the region. This has caused liquidity troubles, affecting mills’…