Tag: steel raw material prices India

India: BigMint’s ferrous scrap index remains stable d-o-d even as demand stays firm

Mar 23, 2026

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by

Tarun Naidu

in Melting Scrap

Sponge iron prices increase by INR 100/t d-o-d Semis, finished steel prices up INR 100-200/t today BigMint’s domestic end-cutting scrap index, tracking the Mandi Gobindgarh market, remained unchanged d-o-d at INR 38,100/tonne (t) DAP on 23 March 2026. HMS and LMS prices rose INR 100-200/t, driven by the ongoing gas crisis and a minor regional…