Tag: festival impact on steel prices India

India: BigMint’s ferrous scrap index slides INR 100/t d-o-d amid limited trades

Mar 3, 2026

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by

Tarun Naidu

in Melting Scrap

Sponge iron prices remains stable d-o-d Semi-finished steel prices decline by INR 150/t today BigMint’s domestic end-cutting scrap index, tracking the Mandi Gobindgarh market, dipped by INR 100/tonne (t) d-o-d to INR 37,200/t DAP on 03 March 2026. The Mandi Gobindgarh steel market witnessed a downtrend in steel prices ahead of the upcoming festival, with…