Tag: steel market news India

India: BigMint’s ferrous scrap index dips INR 200/t d-o-d but rises by INR 300/t w-o-w

Nov 28, 2025

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by

Tarun Naidu

in Melting Scrap

Sponge iron prices remains stable w-o-w Semis, finished tags rise INR 200-300/t w-o-w BigMint’s domestic end-cutting scrap index, tracking the Mandi Gobindgarh market, declined by INR 200/tonne (t) d-o-d to INR 35,300/t DAP on 28 Nov. However, the index increased by INR 330/t w-o-w. The week began on a positive note with a moderate price…