Tag: pig iron Ludhiana prices

India: BigMint’s ferrous scrap index remains stable d-o-d in muted steel market

Dec 15, 2025

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by

Tarun Naidu

in Melting Scrap

Sponge iron prices fell by INR 100/t d-o-d Semis, finished steel prices holds firm d-o-d BigMint’s domestic end-cutting scrap index, tracking the Mandi Gobindgarh market, remained stable d-o-d at INR 34,800/tonne (t) DAP on 15 December 2025.Mandi Gobindgarh, a key secondary steel hub, saw a muted trading session today, with semi-finished and finished steel prices…