Tag: Scrap prices India

India: BigMint’s ferrous scrap index slips further on cautious steel market sentiment

Sep 23, 2026

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by

Yashika Agrawal

in Melting Scrap

Sponge prices dip by INR 100/t d-o-d Finished steel prices decrease by INR 400-500/t BigMint’s domestic end-cutting scrap index, tracking the Mandi Gobindgarh market, fell by INR 400/tonne (t) d-o-d to INR 41,500/t DAP on 23 Sept 2026 due to muted buying interest and weakening demand for finished steel. Scrap prices in the region declined…