Tag: scrap market May 2026

India: BigMint’s ferrous scrap index rises INR 100/t d-o-d, remains stable w-o-w

Jun 26, 2026

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by

Tarun Naidu

in Melting Scrap

Cautious sentiment results in thin trading Finished steel prices slip by INR 150/t w-o-w BigMint’s domestic end-cutting scrap index, tracking the Mandi Gobindgarh market, rose by INR 100/tonne (t) d-o-d to INR 38,200/t DAP on 26 June. On a weekly basis, prices remained stable, supported by moderate demand across semi-finished and finished steel segments, despite…