Tag: BigMint ferrous scrap index

India: BigMint’s ferrous scrap index rises INR 900/t d-o-d on supply concerns, steel price surge

Mar 30, 2026

—

by

Tarun Naidu

in Melting Scrap

Raw material costs spike across segments Moderate demand tempers trade activity BigMint’s domestic end-cutting scrap index, tracking the Mandi Gobindgarh market, increased by INR 900/tonne (t) d-o-d to INR 38,900/t DAP on 30 March 2026.Scrap prices witnessed a jump of INR 900-1,000/t today. Mandi Gobindgarh witnessed a sharp scrap price spike today, with both scrap…