Tag: India: BigMint’s ferrous scrap index unchanged d-o-d amid range bound market sentiments

Raw material prices witness minor fluctuation Semis, finished steel prices remain stable d-o-d BigMint’s domestic end-cutting scrap index, tracking the Mandi Gobindgarh market, remained unchanged d-o-d at INR 38,400/tonne (t) DAP on 21 January 2026. In Mandi Gobindgarh, the market saw subdued activity as mills awaited further steel price hikes while buyers anticipated deeper corrections…