Tag: Scrap Index

India: BigMint’s ferrous scrap index slips by INR 200/t d-o-d amid muted steel market sentiment

Sep 17, 2025

—

by

Kamal Gohil

in Melting Scrap

Vishwakarma Puja keeps market activity subdued Semis, finished prices drop by INR 150-300/t d-o-d BigMint’s domestic end-cutting scrap index, tracking the Mandi Gobindgarh market, declined by INR 200/tonne (t) d-o-d to INR 33,900/t DAP on 17 September 2025. On the occasion of Vishwakarma Puja, overall activity in the scrap market remained subdued. A slight price…