Tag: Mandi steel scrap

India: BigMint’s ferrous scrap index rises by INR 580/t w-o-w

Dec 5, 2025

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by

Tarun Naidu

in Melting Scrap

Sponge iron prices remains flat w-o-w Semis, finished steel prices improves by INR 600/t BigMint’s domestic end-cutting scrap index, tracking the Mandi Gobindgarh market, decreased by INR 100/t d-o-d to INR 35,900/t DAP on 5 December. However, the index increased by INR 580/t w-o-w. Mandi Gobindgarh, India’s key secondary steel hub, exhibited positive price gains…