Tag: GST checks Mandi Gobindgarh

India: BigMint’s ferrous scrap index slips by INR 300/t amid weak steel demand

Sep 21, 2026

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by

Tarun Naidu

in Melting Scrap

GST checks disrupt trading, tighten market liquidity Semis, finished steel prices drop by INR 100-800/t BigMint’s domestic end-cutting scrap index, tracking the Mandi Gobindgarh market, declined by INR 300/tonne (t) d-o-d to INR 42,100/t DAP on 21 September 2026. Mandi Gobindgarh, a key price benchmark for India’s secondary steel market, has witnessed a cautious buying…