Tag: Steel melting scrap price India

India: BigMint’s ferrous scrap index slips by INR 300/t on muted steel market

Sep 10, 2025

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by

Tarun Naidu

in Melting Scrap

Alternative feedstock prices remain flat d-o-d Semi-finished steel tags drop by INR 150/t BigMint’s domestic end-cutting scrap index, tracking the Mandi Gobindgarh market, declined by INR 300/tonne (t) d-o-d to INR 34,500/t DAP on 10 September 2025. The Mandi steel market went quiet today under intensified GST scrutiny-both trading sessions were eerily silent, with negligible…