Author: Tarun Naidu

India: BigMint’s ferrous scrap index rises INR 200/t d-o-d on moderate steel demand

Aug 25, 2026

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by

Tarun Naidu

in Melting Scrap

Semis, finished steel prices rise by INR 100-300/t d-o-d Moderate demand seen in Mandi’s semi-finished steel market BigMint’s domestic end-cutting scrap index, tracking the Mandi Gobindgarh market, increased by INR 200/t d-o-d to INR 40,700/t DAP on 25 August 2026. Scrap prices increased in today’s session, supported by firm mill buying, while demand in the…