Tag: steel market news India

India: BigMint’s ferrous scrap index rises d-o-d but demand remains moderate

Dec 4, 2025

—

by

Tarun Naidu

in Melting Scrap

Raw material prices drop by INR 100/t d-o-d Semis, finished steel prices increase by INR 100/t BigMint’s domestic end-cutting scrap index, tracking the Mandi Gobindgarh market, improved by INR 200/tonne (t) d-o-d to INR 36,000/t DAP on 4 Dec. The secondary steel market in Mandi Gobindgarh is showing some positive momentum, with scrap and semi-finished…