Tag: shredded scrap prices europe cfr india

India: BigMint’s ferrous scrap index drops by INR 200/t d-o-d

Jan 12, 2026

—

by

Tarun Naidu

in Melting Scrap

Sponge iron prices dip by INR 200/t d-o-d Semis, finished steel prices witness minor fluctuation BigMint’s domestic end-cutting scrap index, tracking the Mandi Gobindgarh market, decreased by INR 200/tonne (t) d-o-d to INR 37,000/t DAP on 12 January 2026. Today in the Mandi steel market, scrap prices softened by INR 100-200/t as buying activity remained…