Tag: ingot prices mandi

India: BigMint’s ferrous scrap index remains unchanged on muted demand for finished steel

Jun 23, 2026

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by

Tarun Naidu

in Melting Scrap

Sponge iron prices decline by INR 200/t d-o-d Finished steel prices soften INR 100/t; limited buying interest BigMint’s domestic end-cutting scrap index, tracking the Mandi Gobindgarh market, remained unchanged day-on-day at INR 37,800/t DAP on 23 June 2026. The Mandi Gobindgarh steel market showed a cautious tone today as demand for finished steel softened, and…