Tag: India scrap prices

India: BigMint’s ferrous scrap index remains stable d-o-d amid moderate demand

Aug 17, 2026

—

by

Tarun Naidu

in Melting Scrap

Sponge iron prices increase by INR 100/t d-o-d Finished steel prices gains INR 100/t today BigMint’s domestic end-cutting scrap index, tracking the Mandi Gobindgarh market, remained stable d-o-d at INR 38,500/tonne (t) DAP on 17 August 2026. Scrap prices have held steady over the past two trading sessions, even as a shortage continues to persist…