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

Scrap prices hold; sponge prices dips INR 200/t Falling steel prices weigh on sentiment 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 24 April 2026. Mandi Gobindgarh a pivotal secondary steel hub in northern India, saw steady domestic scrap demand this week as mills…