Tag: India: BigMint’s ferrous scrap index softens by INR 300/t d-o-d amid increased scrap inflows

India: BigMint’s scrap index softens by INR 300/t d-o-d amid increased material inflows

Sep 17, 2026

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by

Tarun Naidu

in Melting Scrap

Weak buying keeps scrap market under pressure Semis, finished steel prices fall by INR 100-300/t d-o-d BigMint’s domestic end-cutting scrap index, tracking the Mandi Gobindgarh market, fell by INR 300/t d-o-d to INR 43,000/t DAP on 17 September 2026. Mandi Gobindgarh’s scrap market remained under pressure on Thursday as major buyers maintained a cautious purchasing…