Tag: India: BigMint’s ferrous scrap index rises INR 100/t d-o-d amid stable/t w-o-w

Sponge iron prices increase by INR 560/t w-o-w Semis, finished steel prices up INR 280-350/t BigMint’s domestic end-cutting scrap index, tracking the Mandi Gobindgarh market, inched up by INR 100/tonne (t) d-o-d to INR 38,600/t DAP on 06 February 2026. However, the index remained stable w-o-w. A minor uptick of around INR 200/t was witnessed…