Tag: India: BigMint’s ferrous scrap index remains stable amid cautious buying

India: BigMint’s ferrous scrap index up INR 300/t d-o-d as steel prices strengthen

Sep 10, 2026

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by

Tarun Naidu

in Melting Scrap

Sponge iron prices rise INR 700/t in Mandi Semis, finished steel prices rise INR 200-300/t d-o-d BigMint’s domestic end-cutting scrap index, tracking the Mandi Gobindgarh market, advanced by INR 400/tonne (t) d-o-d to INR 42,000/t DAP on 10 September 2026. Regional scrap prices rose by INR 300-400/t d-o-d, underpinned by firmer semi-finished steel prices and…