Tag: steel market sentiment

India: BigMint’s ferrous scrap index remains stable d-o-d amid supply tightness

Aug 11, 2026

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by

Tarun Naidu

in Melting Scrap

Sponge iron prices increase by INR 200/t d-o-d Semis, finished steel prices rise by INR 150-200/t BigMint’s domestic end-cutting scrap index, tracking the Mandi Gobindgarh market, remained stable d-o-d at INR 38,100/tonne (t) DAP on 11 August 2026. Scrap offers remained firm today, with only minor changes. Overall scrap prices in Mandi Gobindgarh remained stable…