Tag: PIG IRON

India: Mandi Gobindgarh scrap prices remain stable d-o-d, stay firm w-o-w on persistent supply shortage

Aug 7, 2026

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by

Yashika Agrawal

in Melting Scrap

Scrap shortage forces mills to curb production DRI procurement rises amid raw material constraints BigMint’s domestic end-cutting scrap index, tracking the Mandi Gobindgarh market, remained stable d-o-d at INR 38,600/t DAP on 7 Aug 2026. Prices remained stable due to tight supply and need-based buying. Limited purchasing interest and the absence of strong upward triggers…