Tag: HMS scrap Mumbai

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

Feb 3, 2026

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by

Tarun Naidu

in Melting Scrap

Raw material prices remain stable d-o-d Semis, finished steel prices increase by INR 100-300/t BigMint’s domestic end-cutting scrap index, tracking the Mandi Gobindgarh market, remained unchanged d-o-d at INR 38,200/tonne (t) DAP on 3 February 2026. Key secondary steel hub Mandi Gobindgarh witnessed mixed trends today, as bid-offer disparities continued to persist. Scrap buyers remained…