Tag: TMT rebar patra price correction
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India: BigMint’s ferrous scrap index rises as steel prices improve
Sponge iron prices increase by INR 200/t d-o-d Semis, finished steel prices climb INR 300-400/t BigMint’s domestic end-cutting scrap index, tracking the Mandi Gobindgarh market, increased by INR 400/tonne (t) d-o-d to INR 38,600/t DAP on 4 February 2026. Today, semi-finished and finished steel prices climbed INR 300-400/t d-o-d, poised to pull scrap prices higher.…