Tag: semi-finished steel price trends

India: BigMint’s scrap index holds steady d-o-d amid subdued market sentiments

Jun 18, 2025

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by

Tarun Naidu

in Melting Scrap

Tight availability of certain grades supports prices Semi-finished steel prices drop INR 100/t d-o-d BigMint’s domestic end-cutting scrap index, tracking the Mandi Gobindgarh market, remained stable d-o-d at INR 36,500/tonne (t) DAP on 18 June 2025. Market activity remained subdued today, with most purchases limited to immediate requirements. Ongoing weakness in demand for both semi-finished…