Tag: Scrap price forecast India

India: BigMint’s scrap index dips INR 335/t w-o-w; GST inspections weigh on Mandi market

Sep 22, 2025

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by

Tarun Naidu

in Melting Scrap

Sponge iron prices remain flat w-o-w Semis, finished steel tags drop by INR 280-310/t BigMint’s domestic end-cutting scrap index, tracking the Mandi Gobindgarh market, increased by INR 300/t to INR 34,600/t DAP on 22 September 2025. The steel market in Mandi Gobindgarh opened with a slight price uptick during the morning session, but demand remained…