Tag: TMT rate in India

India: BigMint’s scrap index remains flat d-o-d for 2nd straight day – 28 Jul

Jul 28, 2025

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by

Tarun Naidu

in Melting Scrap

Steelmakers increase raw material purchases Most mills optimistic about price hikes from Aug BigMint’s domestic end-cutting scrap index, tracking the Mandi Gobindgarh market, remained firm d-o-d at INR 35,900/t DAP on 28 July 2025. The stability in scrap prices could be attributed to decent buying activity in today’s trading session. Scrap prices remained unchanged for…