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

Buyers defer purchases amid rising scrap arrivals Steel demand remains moderate across Mandi BigMint’s domestic end-cutting scrap index, tracking the Mandi Gobindgarh market, remained stable d-o-d at INR 41,600/tonne (t) DAP on 8 September 2026. Mandi’s secondary steel market remained subdued today, with scrap prices moving in a narrow band as mills kept purchases minimal.…