Tag: induction furnace mills India demand

India: BigMint’s ferrous scrap index drops INR 300/t d-o-d on weak steel market sentiment – 15 April

Apr 15, 2026

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by

Tarun Naidu

in Melting Scrap

Sponge iron prices dip by INR 300/t d-o-d Semis, finished steel prices decrease by INR 200/t BigMint’s domestic end-cutting scrap index, tracking the Mandi Gobindgarh market, dipped by INR 300/tonne (t) d-o-d to INR 39,800/t DAP on 15 April 2026. Prices have now declined for the third consecutive day, as subdued finished steel demand and…