Tag: Mandi scrap index prices

India: BigMint’s ferrous scrap index rises by INR 100/t on slight supply tightening

Jun 9, 2025

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by

Kamal Gohil

in Melting Scrap

Sponge iron prices drop INR 100/t d-o-d Mills balance raw material purchase amid softening steel demand BigMint’s domestic end-cutting scrap index in the Mandi Gobindgarh market edged up by INR 100 /t d-o-d, reaching INR 36,300/t DAP on 9 June 2025. A mild shortage of scrap in the Mandi Gobindgarh market prompted suppliers to raise…