Tag: India: BigMint’s ferrous scrap index gains INR 400/t d-o-d amid improved steel prices

Sponge iron prices rise by INR 100/t d-o-d Semis, finihsed steel prices jump INR 100-350/t BigMint’s domestic end-cutting scrap index, tracking the Mandi Gobindgarh market, increased by INR 400/t d-o-d to INR 38,200/t DAP on 24 June 2026. The rise was supported by improved buying activity across the semi-finished and finished steel segments, prompting scrap…