Tag: sponge iron prices Mandi Gobindgarh
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India: BigMint’s ferrous scrap index remains stable d-o-d
Sponge iron prices remain stable Finished steel prices soften by INR 200/t BigMint’s domestic end-cutting scrap index, tracking the Mandi Gobindgarh market, remained unchanged d-o-d at INR 38,500/t DAP on 30 June 2026. The Mandi market showed muted, need-based buying for scrap and finished steel as most buyers adopted a wait‑and‑see stance. After the recent…