Tag: steel market news India

India: BigMint’s ferrous scrap index slides d-o-d for 3rd consecutive day

Oct 14, 2025

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by

Tarun Naidu

in Melting Scrap

Sponge iron tags decline by INR 200/t d-o-d Semis, finished prices drop by INR 150-200/t BigMint’s domestic end-cutting scrap index, tracking the Mandi Gobindgarh market, dipped by INR 200/tonne (t) d-o-d to INR 33,500/t DAP on 14 October 2025. Steel scrap prices in the region have been on a steady decline over the past three…