Author: Kamal Gohil

India: BigMint’s ferrous scrap index drops INR 500/t d-o-d on softening steel prices – 10 Apr

Apr 10, 2026

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by

Kamal Gohil

in Melting Scrap

Rebar prices in Mandi decline by INR 200/t d-o-d Sponge prices decrease on weak steel market sentiment BigMint’s domestic end-cutting scrap index, tracking the Mandi Gobindgarh market, declined by INR 500/t d-o-d to INR 40,500/t DAP on 10 April 2026. Scrap prices in the region dipped INR 500-600/t day-on-day but climbed INR 1,500-1,600/t week-on-week, underscoring…