Tag: steel buyers cautious

India: BigMint’s ferrous scrap index dips INR 200/t d-o-d on sluggish steel demand

Jul 15, 2026

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by

Tarun Naidu

in Melting Scrap

GST checks curb arrivals; mills cut scrap offers Ingot prices slip by INR 100/t d-o-d in Mandi BigMint’s domestic end-cutting scrap index, tracking the Mandi Gobindgarh market, decreased by INR 200/t d-o-d to INR 37,200/tonne (t) DAP on 15 July 2026. Mandi Gobindgarh witnessed subdued demand in today’s session as semi-finished steel prices eased by…