Tag: Mandi scrap index prices

India: BigMint’s scrap index falls by INR 100/t d-o-d amid slow steel market

Feb 20, 2026

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by

Kamal Gohil

in Melting Scrap

Sponge iron prices decrease by INR 175/t w-o-w Semis, finished steel prices dips by INR 800-830/t BigMint’s domestic end-cutting scrap index, tracking the Mandi Gobindgarh market, decreased by INR 100/tonne (t) d-o-d to INR 37,300/t DAP on 20 February 2026. Scrap prices fell to a six-week low as domestic availability improved sharply across the region.…