Tag: India: BigMint’s ferrous scrap index climbs up by INR 900/t d-o-d as demand improves

Pre-Holi restocking, Iran war spark price hikes Semis, finished steel prices surge by INR 1,000/t BigMint’s domestic end-cutting scrap index, tracking the Mandi Gobindgarh market, increased by INR 900/tonne (t) d-o-d to INR 37,300/t DAP on 02 March 2026. Scrap prices in Mandi Gobindgarh — one of India’s key secondary steel hubs — surged today…