Tag: GST verification scrap market

Steel prices rise INR 100-200/t, offering limited support Need-based procurement and GST verification activity weigh on sentiment BigMint’s domestic end-cutting scrap index, tracking the Mandi Gobindgarh market, declined by INR 300/tonne (t) d-o-d to INR 40,400/t DAP on 21 October 2026. Other scrap grades remained largely stable day-on-day, as buying activity stayed limited. Local steelmakers…