Tag: Scrap price forecast India

India: BigMint’s ferrous scrap index gains INR 100/t d-o-d amid muted steel demand

Sep 25, 2025

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by

Tarun Naidu

in Melting Scrap

Strict GST checks lead to mild shortage of scrap Ingot prices inch up by INR 100/t, rebar holds firm BigMint’s domestic end-cutting scrap index, tracking the Mandi Gobindgarh market, inched up by INR 100/tonne (t) to INR 34,700/t DAP on 25 September 2025. The Mandi steel market witnessed subdued trading today, with no major trade…