Tag: sponge iron Mandi prices

India: BigMint’s ferrous scrap index drops INR 200/t d-o-d- 26 Mar

Mar 26, 2026

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by

Tarun Naidu

in Melting Scrap

Sponge iron prices remains stable d-o-d Semis, finished steel prices decrease by INR 50-100/t BigMint’s domestic end-cutting scrap index, tracking the Mandi Gobindgarh market, dipped by INR 100/tonne (t) d-o-d to INR 37,500/t DAP on 26 March 2026. Mandi saw slow activity as scrap prices dipped INR 100-200/t for the fourth straight day. Weak steel…