Tag: Mumbai steel market update

  • India: BigMint’s ferrous scrap index drops INR 200/t d-o-d

    India: BigMint’s ferrous scrap index drops INR 200/t d-o-d

    Sponge iron prices drop INR 100/t Semis, finished steel prices decline  BigMint’s domestic end-cutting scrap index, tracking the Mandi Gobindgarh market, decreased by INR 200/tonne (t) d-o-d to INR 35,800/t DAP on 6 August 2025. Today, semi-finished and finished steel prices in Mandi Gobindgarh witnessed a decline of INR 100-200/t. The price correction has dampened…