Tag: sponge iron prices Mandi Gobindgarh

India: BigMint’s ferrous scrap index dips INR 100/t amid moderate market sentiment

Jun 25, 2026

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by

Tarun Naidu

in Melting Scrap

Sponge iron prices decrease by INR 100/t Finished steel prices remains stable d-o-d BigMint’s domestic end-cutting scrap index, tracking the Mandi Gobindgarh market, inched down by INR 100/tonne (t) d-o-d to INR 38,100/t DAP on 25 June 2026.Scrap prices in the region declined by INR 100/t today as finished-steel demand remained moderate. Improved scrap supply…