Tag: India: BigMint’s ferrous scrap index decline by INR 500/t d-o-d; cautious market sentiments

Sponge iron prices decrease by INR 200/t d-o-d Semis, finished steel prices dip by INR 200-300/t BigMint’s domestic end-cutting scrap index, tracking the Mandi Gobindgarh market, eased by INR 200/tonne (t) d-o-d to INR 37,600/t DAP on 6 January 2026. Trading activity in Mandi remained sluggish as buyers stayed cautious, anticipating further price correction in…