Tag: steel market news India

India: BigMint’s ferrous scrap index rises INR 300/t d-o-d

Nov 20, 2025

—

by

Tarun Naidu

in Melting Scrap

Raw material prices increase by INR 100-200/t Semis, finished steel prices rise INR 200-400/t BigMint’s domestic end-cutting scrap index, tracking the Mandi Gobindgarh market, increased by INR 300/tonne (t) d-o-d to INR 35,000/t DAP on 20 November 2025. The key secondary steel hub in north India has seen an improvement in scrap demand driven by…