Tag: India: BigMint’s ferrous scrap index gains INR 400/t as steel demand improves

Scrap availability remains adequate despite sluggish arrivals Most Mandi mills coal based, no immediate impact of gas shortages BigMint’s domestic end-cutting scrap index, tracking the Mandi Gobindgarh market, dipped by INR 300/tonne (t) d-o-d to INR 37,700/t DAP on 11 March 2026. Scrap prices in the region declined by INR 300-400/t d-o-d. Scrap arrivals in…