Tag: India: BigMint’s ferrous scrap index remains stable on moderate steel market

Scrap arrivals rise as mills limit fresh purchases Steel prices rise but transaction volumes remain thin BigMint’s domestic end-cutting scrap index, tracking the Mandi Gobindgarh market, remained stable d-o-d at INR 43,300/t DAP on 16 Sept 2026.The overall steel market stayed moderate, while scrap buying was limited in today’s trading session. In Mandi, increased arrivals…