Tag: steel market sentiment

India: BigMint’s ferrous scrap index gains INR 200/t d-o-d, supported by higher steel prices

Aug 13, 2026

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by

Tarun Naidu

in Melting Scrap

Strict GST checks slow down inter-state scrap inflows Finished steel prices rise INR 300/t, semis hold firm BigMint’s domestic end-cutting scrap index, tracking the Mandi Gobindgarh market, improved by INR 200/tonne (t) d-o-d to INR 38,500/t DAP on 13 August 2026, supported by higher steel prices. Mandi Gobindgarh’s steel market remained positive today, with ferrous…