Tag: India: BigMint’s ferrous scrap index stable d-o-d even as steel prices remain rangebound

India: BigMint’s scrap index rises by INR 600/t d-o-d but dips INR 220/t w-o-w

Sep 11, 2026

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by

Tarun Naidu

in Melting Scrap

Sponge prices improves INR 350/t w-o-w Semis, finished steel price advance by INR 230-275/t BigMint’s domestic end-cutting scrap index, tracking the Mandi Gobindgarh market, climbed by INR 600/t d-o-d to INR 42,600/t DAP on 11 Sept 2026. The scrap index eased by INR 220/t w-o-w. Due to excessive scrap arrivals during the current week, coupled…