BigMint’s billet index increased by INR 450/t d-o-d to INR 41,850/t exw-Raipur.
BigMint’s domestic end-cutting scrap index, tracking the Mandi Gobindgarh market, increased by INR 400/tonne (t) d-o-d to INR 38,300/t DAP.
India’s sponge iron prices increased by INR 100-400/tonne (t) across regions, supported by improved demand. P-DRI prices stood at INR 24,900-27,200/t, while CDRI offers were assessed at INR 27,700-32,100/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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