Tag: Mandi scrap index prices

India: BigMint’s ferrous scrap index slides by INR 100/t d-o-d amid soft steel market sentiment

Dec 9, 2025

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by

Kamal Gohil

in Melting Scrap

Liquidity crunch emerges as steel sales slow down Finished steel prices dip by INR 100/t d-o-d BigMint’s domestic end-cutting scrap index, tracking the Mandi Gobindgarh market, decreased by INR 100/tonne (t, 0.3%) d-o-d to INR 35,500/t DAP on 9 December 2025. Steel prices in Mandi Gobindgarh started the week beginning 8 November on a subdued…