BigMint’s bi-weekly domestic pellet (Fe63%) index remained stable at INR 10,100/t ($118/t) DAP Raipur.
India’s sponge iron prices decreased by INR 50-150/tonne (t) d-o-d across most key locations. However, Bellary, Chennai, and Hyderabad witnessed a rise of INR 100-300/t. PDRI prices were assessed at INR 24,800-28,000/t at the close of trading, while CDRI tags stood at INR 27,600-31,800/t.
BigMint’s billet index fell slightly by INR 150/t, reaching INR 41,500/t exw-Raipur.
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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