Tag: February 2026 steel auction

India: BigMint’s ferrous scrap index remains stable d-o-d, rises INR 180/t w-o-w

Feb 13, 2026

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by

Tarun Naidu

in Melting Scrap

Sponge iron prices surge INR 975/t w-o-w Semis, finished steel prices rise INR 150-300/t w-o-w BigMint’s domestic end-cutting scrap index, tracking the Mandi Gobindgarh market remained stable d-o-d at INR 38,400/t DAP on 13 Feb 2026. Moreover, the index rose by INR 180/t w-o-w, while other scrap grades saw sharp improvements of INR 200-470/t this…