Tag: India: BigMint’s ferrous scrap index falls INR 300/t d-o-d

Surplus scrap arrivals and weak steel demand pressure mills Patra prices decline INR 1,100/t w-o-w BigMint’s domestic end-cutting scrap index, tracking the Mandi Gobindgarh market, eased by INR 300/tonne (t) d-o-d to INR 42,500/t DAP on 9 October 2026. The scrap index remained largely stable week-on-week, while other scrap grades also witnessed stable price trends.…