Tag: India: BigMint’s ferrous scrap index continues to rises amid moderate steel demand

Sponge prices remains steady d-o-d in Mandi Semis, finished steel prices increase by INR 600-700/t d-o-d BigMint’s domestic end-cutting scrap index, tracking the Mandi Gobindgarh market, climbed by INR 500/tonne (t) d-o-d to INR 37,800/t DAP on 15 January 2026. In the key secondary steel hub of Mandi Gobindgarh, scrap prices continued to edge higher…