Tag: steel mill production India

India: BigMint’s scrap index rises INR 200/t d-o-d despite uncertain steel market

Jun 26, 2025

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by

Tarun Naidu

in Melting Scrap

Limited scrap availability boosts prices But cautious buying sentiment persists BigMint’s domestic end-cutting scrap index, tracking the Mandi Gobindgarh market, increased by INR 200/tonne (t) d-o-d to INR 36,000/t DAP on 26 June 2025. Scrap prices in the region improved by INR 100-200/t today. A mill owner informed BigMint, “Scrap availability remains tight in the…