Tag: India: BigMint’s ferrous scrap index dips INR 400/t d-o-d; weak steel demand weigh on market

Sponge iron prices dip by INR 300/t d-o-d Semis, finished steel prices decrease by INR 200/t BigMint’s domestic end-cutting scrap index, tracking the Mandi Gobindgarh market, dipped by INR 300/tonne (t) d-o-d to INR 39,800/t DAP on 15 April 2026. Prices have now declined for the third consecutive day, as subdued finished steel demand and…