Tag: Ludhiana pig iron

India: BigMint’s ferrous scrap index remains stable d-o-d amid GST checks, tighter supply

Jun 9, 2026

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by

Yashika Agrawal

in Melting Scrap

Weaker finished steel prices prevent price gains from tight supply Smaller mills operate below capacity amid raw material shortages BigMint’s domestic end-cutting scrap index, tracking the Mandi Gobindgarh market, remained steady d-o-d at INR 37,800/tonne (t) DAP on 9 June 2026. Scrap prices remained stable in the region, primarily due to GST inspections and tighter…