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

Sponge iron prices remains unchanged d-o-d Semis, finished steel falls by INR 400-500/t d-o-d BigMint’s domestic end-cutting scrap index, tracking the Mandi Gobindgarh market, decreased by INR 500/tonne (t) d-o-d to INR 37,800/t DAP on 3 Jan 2026. The overall Mandi Gobindgarh steel market-from scrap to finished products-remained subdued, pausing the continuous uptrend from last…