Tag: Mandi Gobindgarh steel market trends

India: BigMint’s ferrous scrap index falls to nearly 3-week low-20 April

Apr 20, 2026

—

by

Tarun Naidu

in Melting Scrap

Sponge iron prices down INR 200/t d-o-d Semis and finished steel prices continue to drop BigMint’s domestic end-cutting scrap index, tracking the Mandi Gobindgarh market, declined by INR 400/tonne (t) d-o-d to INR 38,900/t DAP on 20 April 2026.As per weekly basis prices dropped by INR 1,600/t in end cutting scrap while other scrap grades…