Tag: India: BigMint’s ferrous scrap index eases amid moderate steel demand

India: BigMint’s ferrous scrap index remains stable amid modest buying

Oct 22, 2026

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by

Tarun Naidu

in Melting Scrap

Raw materials, steel semis prices stable d-o-d Steel rebar prices improve by INR 100/t BigMint’s domestic end-cutting scrap index, tracking the Mandi Gobindgarh market, remained stable d-o-d at INR 40,400/t DAP on 22 Oct 2026.The overall steel market stayed moderate, while scrap buying was limited in today’s trading session. In Mandi, higher steel scrap arrivals…