Author: Tarun Naidu

India: BigMint’s ferrous scrap index rises INR 300/t d-o-d as steel prices strengthen

Oct 14, 2026

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by

Tarun Naidu

in Melting Scrap

Scrap demand recovered marginally following a week-long slowdown Semis, finished steel prices increase by INR 300-500/t d-o-d BigMint’s domestic end-cutting scrap index, tracking the Mandi Gobindgarh market, advanced by INR 300/tonne (t) d-o-d to INR 41,100/t DAP on 14 October 2026. Regional scrap prices rose by INR 300-450/t d-o-d, underpinned by firmer semi-finished steel prices…