Tag: sponge iron Raipur

India: BigMint’s ferrous scrap index drops INR 100/t on muted steel market sentiment

Oct 6, 2025

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by

Kamal Gohil

in Melting Scrap

Rebar prices dip INR 100/t d-o-d Pig iron prices remain flat d-o-d BigMint’s domestic end-cutting scrap index, tracking the Mandi Gobindgarh market, dipped by INR 100/tonne (t) d-o-d to INR 34,200/t DAP on 6 October 2025. The Mandi steel market witnessed a cautious sentiment today, driven by sluggish demand in both semi-finished and finished steel.…