Tag: steel scrap market in India

India: BigMint’s scrap index rises INR 400/t d-o-d as steel prices improve

Jul 23, 2025

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by

Tarun Naidu

in Melting Scrap

Sponge iron prices rise for third consecutive day Semis, finished prices climb up by INR 200-300/t BigMint’s domestic end-cutting scrap index, tracking the Mandi Gobindgarh market, increased by INR 400/tonne (t) d-o-d to INR 35,400/t DAP on 23 July 2025. Scrap prices in the region improved by INR 300-400/t today. Amid slightly improved and positive…