Tag: India: BigMint’s ferrous scrap index dips INR 200/t d-o-d on sluggish steel demand

Steel prices decline INR 200-500/t d-o-d Buyers remain cautious amid elevated inventories BigMint’s domestic end-cutting scrap index, tracking the Mandi Gobindgarh market, eased by INR 200/tonne (t) d-o-d to INR 41,900/t DAP on 22 Sept 2026. The Mandi Gobindgarh steel market remained under pressure today, with scrap and finished-steel prices declining by INR 200-500/t d-o-d.…