BigMint’s bi-weekly domestic pellet (Fe63%) index remained stable at INR 9,800/t ($113/t) DAP Raipur on 18 February 2025 compared to the previous assessment on 14 February.
BigMint’s domestic end-cutting scrap index, tracking the Mandi Gobindgarh market, held steady d-o-d at INR 36,200/tonne (t) DAP on 18 February 2025.
Indian sponge iron prices showed mixed trends today, with tags rising by INR 100-350/tonne (t) d-o-d in certain markets but declining by INR 100-150/t in other regions.PDRI prices were assessed at around INR 23,700-26,400/t at the close of trading, while CDRI tags stood at INR 26,550-31,500/t.Transactions for only 7,300 t of sponge iron were recorded in the country on 18 February, compared to 9,600 t on 17 February.
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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