Category: Melting Scrap

India: BigMint’s ferrous scrap index rises by INR 200/t on improved steel demand

May 25, 2026

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by

Tarun Naidu

in Melting Scrap

Limited scrap availability supports price uptrend Ingot, rebar prices increase by INR 200/t d-o-d BigMint’s domestic end-cutting scrap index, tracking the Mandi Gobindgarh market, increased by INR 200/t d-o-d to INR 37,500/tonne (t) DAP on 25 May 2026. Scrap prices in Mandi increased by INR 200-300/t d-o-d due to slow arrival of scrap and improved…