Tag: India: BigMint’s ferrous scrap index gains INR 100/t d-o-d amid moderate market sentiment

Alternate raw material prices increase by INR 1,400-1,800/t w-o-w Semi, finished steel prices jumps INR 1,600-1,750/t BigMint’s domestic end-cutting scrap index, tracking the Mandi Gobindgarh market, increased by INR 700/tonne (t) d-o-d to INR 38,300/t DAP on 2 Jan 2026. The index surged by INR 1,400/t w-o-w, driven by improved market sentiment and a sudden…