Author: Kamal Gohil

India: BigMint’s ferrous scrap index drops INR 100/t d-o-d amid weak steel demand

Jul 13, 2026

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by

Kamal Gohil

in Melting Scrap

Sponge iron prices fall by INR 200/t d-o-d Rebar prices drop INR 200/t d-o-d BigMint’s domestic end-cutting scrap index, tracking the Mandi Gobindgarh market, fell by INR 100/tonne (t) d-o-d to INR 37,200/t DAP on 13 July 2026. Mandi Gobindgarh’s secondary steel market extended its decline on Monday amid soft sentiments and a paused trading…