Tag: India: BigMint’s ferrous scrap index remained stable d-o-d; cautious market sentiments

Sponge iron prices fall by INR 300/t d-o-d Finished steel prices decrease by INR 100/t BigMint’s domestic end-cutting scrap index, tracking the Mandi Gobindgarh market, remained stable d-o-d at INR 37,500/tonne (t) DAP on 21 July 2026.Scrap offers remained firm in today’s market with only minor changes. Today, the Mandi Gobindgarh secondary steel market softened…