BigMint’s daily trade sheet – 16 Nov’24

BigMint’s bi-weekly domestic pellet (Fe63%) index decreased by INR 100/t ($1/t) to INR 9,850/t ($117/t) DAP Raipur on 15 November 2024 compared to the previous assessment on 12 November.

BigMint’s daily assessed billet index decreased further by INR 300/tonne (t) to INR 39,000/t exw-Raipur on 15 November.

BigMint’s daily assessed sponge iron market today witnessed a further decline in offers by INR 100-500/t d-o-d on 15 November. PDRI prices stood at INR 24,200-26,900/t at the close of trading hours on the day, while CDRI offers were assessed at INR 26,800-31,500/t.

The following sheet summarises confirmed trades/offers of iron and steel products collected by BigMint to help our users keep track of day-to-day trade dynamics.


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