Tag: rebar Mandi

India: BigMint’s ferrous scrap index up INR 200/t d-o-d amid supply tightness, GST checks

Jun 13, 2025

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by

Kamal Gohil

in Melting Scrap

Finished steel prices dip INR 200/t d-o-d Mills balance purchases amid softening steel demand BigMint’s domestic end-cutting scrap index, tracking the Mandi Gobindgarh market, increased by INR 200/tonne (t) d-o-d to INR 36,500/t DAP on 13 June 2025. Mild scrap shortage and ongoing GST checks were seen in the market today, prompting scrap suppliers to…