Tag: India: BigMint’s ferrous scrap index surges INR 200/t on improved steel demand

Finished steel prices trend higher across segments Demand recovery lifts near-term sentiment BigMint’s domestic end-cutting scrap index, tracking the Mandi Gobindgarh market, improved by INR 200/t d-o-d to INR 39,400/tonne (t) DAP on 1 May 2026. Scrap prices in Mandi increased by INR 200-300/t d-o-d due to slow arrival of scrap. Scrap prices surged by…