Tag: Raipur billet DRI spread

India: BigMint’s scrap index edges up by INR 100/t amid disruptions in trade flows

Jun 17, 2025

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by

Tarun Naidu

in Melting Scrap

Certain mills adjust charge mixes amid scrap shortages Semis, finished steel prices remain unchanged d-o-d BigMint’s domestic end-cutting scrap index, tracking the Mandi Gobindgarh market, increased by INR 100/tonne (t) d-o-d to INR 36,500/t DAP on 17 June 2025. Stringent GST inspections in Mandi significantly impacted the flow of scrap into the region, with most…