Tag: India: BigMint’s ferrous scrap index remains stable as supply constraints support prices

Sponge iron prices increase by INR 200/t d-o-d Semis, finished steel prices rise by INR 150-200/t BigMint’s domestic end-cutting scrap index, tracking the Mandi Gobindgarh market, remained stable d-o-d at INR 38,100/tonne (t) DAP on 11 August 2026. Scrap offers remained firm today, with only minor changes. Overall scrap prices in Mandi Gobindgarh remained stable…