Tag: India: BigMint’s ferrous scrap index hits six week low amid surplus scrap arrivals

India: BigMint’s ferrous scrap index rises INR 100/t d-o-d

Feb 26, 2026

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by

Tarun Naidu

in Melting Scrap

Sponge iron prices increase by INR 100/t Semi-finished steel prices rise by INR 100/t today BigMint’s domestic end-cutting scrap index, tracking the Mandi Gobindgarh market, increased by INR 100/tonne (t) d-o-d to INR 36,800/t DAP on 26 February 2026. Today’s trading session in Mandi remained subdued, with steel demand staying muted across both halves. Scrap…