Tag: western India steel prices

India: BigMint’s ferrous scrap index tumbles to 6-month low-23 June

Jun 23, 2025

—

by

Tarun Naidu

in Melting Scrap

Semi-finished steel prices fall to lowest level in 6 months Mandi market under pressure due to declining steel tags BigMint’s domestic end-cutting scrap index, tracking the Mandi Gobindgarh market, declined by INR 300/tonne (t) d-o-d to INR 35,900/t DAP on 23 June, 2025. Scrap prices have declined to a six-month low, revisiting levels last seen…