Tag: western India steel prices

India: BigMint’s scrap index holds steady d-o-d in cautious steel market

Jun 25, 2025

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by

Tarun Naidu

in Melting Scrap

Sponge iron prices improve by INR 200/t Semis, finished tags increase by INR 150-200/t BigMint’s domestic end-cutting scrap index, tracking the Mandi Gobindgarh market, remained stable d-o-d at INR 35,800/tonne (t) DAP on 25 June 2025. Steel market activity remained cautious today. However, compared to yesterday’s session, buyers showed a slight improvement in buying interest.…