Tag: Melting scrap prices in India

India: BigMint’s scrap index falls amid restricted steel demand, seasonal disruptions

Aug 12, 2025

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by

Tarun Naidu

in Melting Scrap

Alternate raw material prices stable d-o-d Semis, finished prices dip by INR 100-200/t BigMint’s domestic end-cutting scrap index, tracking the Mandi Gobindgarh market, decreased by INR 100/t d-o-d to INR 35,600/t DAP on 12 August 2025. The Mandi steel market witnessed a slight dip in scrap prices, primarily driven by weak buying activity. Additionally, persistent…