Tag: India secondary steel market

India: BigMint’s ferrous scrap index slides by INR 400/t d-o-d amid soft steel market sentiment

Apr 17, 2026

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by

Kamal Gohil

in Melting Scrap

Semi-finished steel prices decline by INR 400/t Pig iron prices fall by up INR 500/t BigMint’s domestic end-cutting scrap index, tracking the Mandi Gobindgarh market, declined by INR 400/tonne (t) d-o-d to INR 39,400/t DAP on 17 April 2026, reflecting weak buying sentiment in the market. In today’s trading session, ingot prices opened at INR…