Tag: shredded scrap Europe CFR Nhava Sheva

India: BigMint’s scrap index gains INR 100/t d-o-d on marginal demand uptick

Aug 11, 2025

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by

Tarun Naidu

in Melting Scrap

Sponge iron prices increase by INR 100 Semi-finished steel prices improve by INR 100/t BigMint’s domestic end-cutting scrap index, tracking the Mandi Gobindgarh market, increased by INR 100/t d-o-d to INR 35,700/t DAP on 11 August 2025. The domestic scrap market witnessed renewed buying interest today, signaling optimism for increased demand in finished steel over…