Tag: India: BigMint’s scrap index falls by INR 200/t d-o-d on continued downtrend in steel prices

Mills reduce bids as scrap arrivals improve Steel market turns quiet, demand slows down BigMint’s domestic end-cutting scrap index, tracking the Mandi Gobindgarh market, decreased by INR 100/tonne (t) d-o-d to INR 37,200/t DAP on 9 January 2026. The index remained flat w-o-w amid moderate scrap buying in the region. On a weekly basis, the…