Tag: India: BigMint’s scrap index rises INR 700/t d-o-d fueling strong steel market momentum
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India: BigMint’s ferrous scrap index slides by INR 100/t d-o-d but remains stable w-o-w
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…