Tag: India: BigMint’s ferrous scrap index climbs INR 500/t d-o-d amid supply shortage and GST concern

Scrap arrivals subdued amid logistical hurdles, GST checks Semis, finished steel prices remain firm d-o-d BigMint’s domestic end-cutting scrap index, tracking the Mandi Gobindgarh market, increased by INR 100/tonne (t) d-o-d to INR 38,600/t DAP on 4 Aug 2026. Mandi Gobindgarh’s secondary steel market saw a modest rise of INR 100/t in steel scrap prices…