Tag: Ship-breaking scrap market India

India: BigMint’s ferrous scrap index slips INR 200/t amid cautious market sentiments

Sep 24, 2025

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by

Tarun Naidu

in Melting Scrap

Sponge iron prices dip by INR 50-100/t d-o-d Semis, finished steel prices down INR 100-200/t BigMint’s domestic end-cutting scrap index, tracking the Mandi Gobindgarh market, decreased by INR 200/t to INR 34,600/t DAP on 24 September 2025. The Mandi steel market remained subdued in both halves of the trading session, with minimal trade activity observed…