Tag: steel market news India

India: BigMint’s ferrous scrap index gains INR 200/t d-o-d amid moderate market sentiment

Nov 11, 2025

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by

Tarun Naidu

in Melting Scrap

Sponge iron prices increase by INR 100/t Semis, finished tags rise by INR 200-300/t BigMint’s domestic end-cutting scrap index, tracking the Mandi Gobindgarh market, inched up by INR 200/tonne (t) d-o-d to INR 34,100/t DAP on 11 November 2025. Today’s market trend in Mandi Gobindgarh reflected mild upward momentum in steel prices, though trading activity…