Tag: Rebar Prices

India: BigMint’s ferrous scrap index slips INR 400/t as weak steel demand weighs on market

Aug 10, 2026

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by

Tarun Naidu

in Melting Scrap

Sponge iron prices decrease by INR 300/t today Semis, finished steel prices dull by INR 300-400/t BigMint’s domestic end-cutting scrap index, tracking the Mandi Gobindgarh market, declined by INR 400/tonne (t) d-o-d to INR 38,100/t DAP on 10 Aug 2026. Mandi Gobindgarh’s scrap market declined by INR 300-400/t today amid subdued demand and continuous weakness…