Tag: Mandi artic;e

Scrap shortage keeps market sentiment firm Sponge iron offers better commercial realisations BigMint’s domestic end-cutting scrap index, tracking the Mandi Gobindgarh market, remained stable at INR 37,500/tonne (t) DAP on 20 July 2026, with moderate procurement activity and cautious buying offsetting tightening scrap availability. Market participants expect domestic scrap prices to rise by INR 200-300/t…