Tag: steel market update January 2026
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India: BigMint’s ferrous scrap index rises INR 100/t d-o-d
Raw material prices remain stable d-o-d Semi-finished steel prices up INR 100/t BigMint’s domestic end-cutting scrap index, tracking the Mandi Gobindgarh market, increased by INR 100/tonne (t) d-o-d to INR 38,200/t DAP on 2 February 2026. Today’s trading session in Mandi remained notably subdued, with steel demand staying silent across both halves. Scrap prices saw…