Tag: Mandi Gobindgarh steel market trends
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India: BigMint’s ferrous scrap index remains stable d-o-d; steel prices rangebound
Sponge iron prices fall by INR 100/t d-o-d Semis, finished steel prices remain stable today BigMint’s domestic end-cutting scrap index, tracking the Mandi Gobindgarh market, remained unchanged d-o-d at INR 39,800/tonne (t) DAP on 16 April 2026. In Mandi Gobindgarh, local mills procured scrap at moderate levels this week. Supply from neighbouring regions stayed steady,…