Tag: Mandi scrap index prices

India: BigMint’s ferrous scrap index drops INR 300/t d-o-d on softening steel prices

Mar 18, 2026

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by

Kamal Gohil

in Melting Scrap

Sponge iron prices dip by INR 200/t Semis, finished steel prices fall by INR 200-300/t BigMint’s domestic end-cutting scrap index, tracking the Mandi Gobindgarh market, dipped by INR 300/tonne (t) d-o-d to INR 37,800/t DAP on 18 March 2026. Scrap prices in the region declined by INR 300-400/t d-o-d. Scrap arrivals in Mandi Gobindgarh remained…