Tag: Rebar prices India

India: BigMint’s ferrous scrap index rises INR 300/t d-o-d, INR 150/t w-o-w

Mar 20, 2026

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by

Tarun Naidu

in Melting Scrap

Eid holidays, GST checks, slow arrivals tighten supply Mills stop buying oversized scrap amid gas shortages BigMint’s domestic end-cutting scrap index, tracking the Mandi Gobindgarh market, improved by INR 300/tonne (t) d-o-d to INR 38,100/t DAP on 20 March 2026. Scrap prices rose by INR 150-330/t this week, driven by gas shortages and slow scrap…