Tag: sponge iron CDRI prices Mandi

India: BigMint’s ferrous scrap index rises INR 200/t as arrivals slow down w-o-w

Mar 12, 2026

—

by

Tarun Naidu

in Melting Scrap

Scrap prices edge up as arrivals decline Steel prices stable amid moderate demand BigMint’s domestic end-cutting scrap index, tracking the Mandi Gobindgarh market, increased by INR 200/tonne (t) d-o-d to INR 37,900/t DAP on 12 March 2026. Scrap prices in the region surged by INR 200-300/t d-o-d. In Mandi Gobindgarh today, scrap prices witnessed an…