Tag: India: BigMint’s ferrous scrap index rises by INR 700/t d-o-d

Scrap inflows tighten amid GST inspections Semis, finished steel prices rise by INR 800/t w-o-w  BigMint’s domestic end-cutting scrap index, tracking the Mandi Gobindgarh market, climbed by INR 700/tonne (t) d-o-d to INR 39,800/t DAP on 21 August 2026. The scrap index also rose by INR 800/t w-o-w as ongoing GST inspections have affected scrap…