BigMint’s bi-weekly domestic pellet (Fe63%) index remained stable at INR 9,850/t ($113/t) DAP Raipur on 7 March 2025 compared to the previous assessment on 4 March. In this publishing window, around 20,000 t of pellet (Fe62%) deals were concluded at INR 9,750 ($112/t) DAP Raipur. At the same time, around 20,000 t of pellet (Fe65%) were also got booked at INR 11,100/t ($128/t) exw-Raipur.
BigMint’s domestic end-cutting scrap index, tracking the Mandi Gobindgarh market, improved marginally by INR 200/tonne (t) d-o-d to INR 36,800/t DAP on 7 March 2025 amid moderate market sentiments.
BigMint’s billet index remained stable at INR 40,050/t exw-Raipur on 7 March 2025.
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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