Tag: India: BigMint’s ferrous scrap index remains steady d-o-d; amid supply tightness

Sponge iron prices decrease by INR 100/t d-o-d Semis, finished steel prices decline by INR 50-200/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 28 July 2026. Scrap offers remained firm today, with only minor changes. Overall scrap prices remained stable d-o-d, with no…