Tag: India: BigMint’s scrap index slips INR 200/t d-o-d as muted buying weighs on sentiment

Scrap and sponge iron prices remains firm d-o-d Weak finished steel demand and inventory pressure keep mills cautious BigMint’s domestic end-cutting scrap index, tracking the Mandi Gobindgarh market, remained stable d-o-d at INR 37,900/tonne (t) DAP on 15 June 2026. Scrap demand in Mandi Gobindgarh remained moderately robust despite mildly slow arrivals, but tepid finished-steel…