Tag: secondary steel market mandi gobindgarh

India: BigMint’s ferrous scrap index rises INR 400/t d-o-d; drops INR 300/t w-o-w

Dec 19, 2025

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by

Tarun Naidu

in Melting Scrap

Sponge iron prices dip by INR 380/t w-o-w Finished steel prices decrease by INR 270/t w-o-w BigMint’s domestic end-cutting scrap index, tracking the Mandi Gobindgarh market, increased by INR 400/tonne (t) d-o-d to INR 35,300/t DAP on 19 December 2025. However, the index decreased by INR 320/t w-o-w due to limited demand and unclear market…