Tag: India: BigMint’s ferrous scrap index rises INR 400/t d-o-d; drops INR 300/t w-o-w

Sponge iron prices increase by INR 290/t w-o-w, pig iron jumps INR 1,100/t Semis, finished steel prices increase by INR 750-800/t w-o-w BigMint’s domestic end-cutting scrap index, tracking the Mandi Gobindgarh market, increased by INR 200/tonne (t) d-o-d to INR 36,000/t DAP on 26 December 2025.However, the index surged by INR 800/t w-o-w as steel…