Tag: India: BigMint’s ferrous scrap index surges INR 200/t d-o-d

India: BigMint’s ferrous scrap index rises by INR 200/t d-o-d as demand strengthens

Jul 23, 2026

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by

Tarun Naidu

in Melting Scrap

Sponge iron prices increase by INR 300/t d-o-d Semi-finished steel prices inch up by INR 100/t BigMint’s domestic end-cutting scrap index, tracking the Mandi Gobindgarh market, increased by INR 200/t d-o-d to INR 37,700/tonne (t) DAP on 23 July 2026. Mandi Gobindgarh, a key price indicator for India’s secondary steel market, witnessed improved buying sentiment…