Tag: India: BigMint’s ferrous scrap index remains stable d-o-d; lackluster steel demand

Sponge iron prices decline by INR 100/t d-o-d Finished steel prices soften by INR 500/t today BigMint’s domestic end-cutting scrap index, tracking the Mandi Gobindgarh market, remained unchanged d-o-d at INR 38,900/tonne (t) DAP on 21 April 2026.Scrap demand in the region remains decent, with mills procuring domestic steel scrap at fairly healthy levels. However,…