

Credits: BIGMINT Morning Brief: India’s domestic ferrous scrap market has hit its lowest point in over four years, with prices across key hubs-Mandi Gobindgarh, Chennai and Jalna-declining by INR 2,000-2,500/tonne (t) since May 2025. Scrap traders and mill sources attribute the decline to sluggish steel market conditions, greater availability of alternative feedstock like sponge iron, […]