Tag: India: BigMint’s ferrous scrap index reaches four-month high amid tight availability

Price hikes by primary mills support secondary market Semis, finished steel prices jump by INR 400-700/t BigMint’s domestic end-cutting scrap index, tracking the Mandi Gobindgarh market, improved by INR 600/tonne (t) d-o-d to a four-month high of INR 40,500/t DAP on 24 August 2026, driven by robust scrap demand and an uptrend in steel prices.…