Tag: India: BigMint’s ferrous scrap index continues to decline for the 5th consecutive day

Sponge prices decline by INR 300/t d-o-d Semis, finished steel prices decrease by INR 200-400/t today BigMint’s domestic end-cutting scrap index, tracking the Mandi Gobindgarh market, dipped by INR 200/tonne (t) d-o-d to INR 38,400/t DAP on 12 May 2026.Scrap prices fell by INR 200-500/t in the region. Steel prices have continued tumbling over the…