SteelMint

Tag: selective scrap procurement

  • India: BigMint’s ferrous scrap index remains stable d-o-d and w-o-w

    India: BigMint’s ferrous scrap index remains stable d-o-d and w-o-w

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    by

    Tarun Naidu
    in

    Scrap index holds steady despite supply tightness Sponge iron consumption rises as mills face scrap shortage BigMint’s domestic end-cutting scrap index, tracking the Mandi Gobindgarh market, remained unchanged day-on-day and week-on-week at INR 38,000/t DAP on 19 June 2026. The market stayed largely balanced as tight scrap availability and logistics-related constraints supported prices, while weakness…