Tag: India: BigMint’s ferrous scrap index dips INR 100/t d-o-d amid muted steel market

Sponge iron prices fall INR 300/t d-o-d Patra prices decline INR 600/t on slow demand BigMint’s domestic end-cutting scrap index, tracking the Mandi Gobindgarh market, decreased by INR 100/t d-o-d to INR 43,300/t DAP on 5 October 2026. Scrap prices in the region eased by INR 100/t today. Scrap arrivals remain healthy, while mill buying…