Tag: India: BigMint’s ferrous scrap index rises INR 300/t d-o-d

Scrap demand remains strong, finished steel moderately steady Sentiment stays optimistic due to positive cues from other states BigMint’s domestic end-cutting scrap index, tracking the Mandi Gobindgarh market, increased by INR 300/tonne (t) d-o-d to INR 38,700/t DAP on 22 January 2026. Mandi Gobindgarh, India’s major secondary steel hub, witnessed gains across the raw material…