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India: BigMint’s ferrous scrap index dips INR 100/t d-o-d and w-o-w

Jun 12, 2026

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by

Tarun Naidu

in Melting Scrap

Scrap to semi-finished steel slips INR 100/t w-o-w GST inspections and logistics issue tighten scrap availability BigMint’s domestic end-cutting scrap index, tracking the Mandi Gobindgarh market, eased by INR 100/tonne (t) d-o-d to INR 37,800/t DAP on 12 June 2026.Scrap index decreased by INR 100/t w-o-w amid tight supply. Overall sentiment in Mandi’s secondary steel…