Tag: western India steel prices Hyderabad steel prices

India: BigMint’s scrap index slides by INR 200/t d-o-d amid weak market sentiments

Jul 2, 2025

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by

Tarun Naidu

in Melting Scrap

GST checks slow overall steel market movement Semis, finished steel prices drop by INR 100/t BigMint’s domestic end-cutting scrap index, tracking the Mandi Gobindgarh market, declined by INR 200/tonne (t) d-o-d to INR 35,700/t DAP on 2 July, 2025. The market remained silent today, with mills procuring scrap at levels below moderate amid ongoing sales…