Tag: rebar Fe500

India: BigMint’s ferrous scrap index remains stable d-o-d amid weak scrap arrivals

Mar 17, 2026

—

by

Tarun Naidu

in Melting Scrap

Alternate raw material prices remains firm d-o-d Finished steel prices improves by INR 400/t today BigMint’s domestic end-cutting scrap index, tracking the Mandi Gobindgarh market, remained unchanged d-o-d at INR 38,100/tonne (t) DAP on 17 March 2026. Mild scrap shortages were observed in the region. Additionally, LMS and HMS scrap prices in Mandi Gobindgarh climbed…