Tag: India: BigMint’s ferrous scrap index rises INR 400/t d-o-d as demand strengthens

Sponge to finished steel prices increase by INR 300-500/t Steel demand improves in Mandi steel market BigMint’s domestic end-cutting scrap index, tracking the Mandi Gobindgarh market, improved by INR 400/tonne (t) d-o-d to INR 39,200/t DAP on 19 August 2026, driven by robust scrap demand and an uptrend in steel prices. Mandi Gobindgarh, a key…