Tag: steel market news India

India: BigMint’s scrap index dips by INR 100/t d-o-d but rises by INR 550/t w-o-w

Nov 21, 2025

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by

Tarun Naidu

in Melting Scrap

Sponge iron prices surge by INR 400/t w-o-w Ingot, rebar prices jump INR 600-670/t w-o-w BigMint’s domestic end-cutting scrap index, tracking the Mandi Gobindgarh market, decreased by INR 100/tonne (t) d-o-d to INR 34,900/t DAP on 21 November 2025. However, the index increased by INR 550/t w-o-w. In the region, prices of other grades of…