Tag: Raipur sponge iron spread

India: BigMint’s ferrous scrap index drops by INR 200/t d-o-d amid cautious steel market

Apr 27, 2026

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by

Tarun Naidu

in Melting Scrap

Flat steel prices last week prompt scrap sellers to trim offers Semis, finished steel prices fall by INR 100-200/t d-o-d BigMint’s domestic end-cutting scrap index, tracking the Mandi Gobindgarh market, dipped by INR 200/tonne (t) d-o-d to INR 38,900/t DAP on 27 April 2026. Scrap prices in the region fell by INR 200/t d-o-d. Today,…