Tag: HMS prices India

India: BigMint’s ferrous scrap index stable d-o-d even as steel prices remain rangebound

Aug 5, 2026

—

by

Tarun Naidu

in Melting Scrap

Sponge iron prices remain unchanged d-o-d Semis stable, finished steel prices up INR 200/t today BigMint’s domestic end-cutting scrap index, tracking the Mandi Gobindgarh market, remained stable d-o-d at INR 38,600/t DAP on 5 August 2026. Scrap prices remained rangebound today, supported by need-based buying in the market. The overall steel market remained moderate today,…