Iron ore concentrate prices in Jabalpur, India, increased by INR 100/tonne (t) ($1/t) w-o-w and assessed at INR 4,800/t ($56/t) exw Jabalpur.
BigMint’s billet index declined by INR 250/tonne (t) d-o-d, settling at INR 41,000/t exw-Raipur, due to amid muted buying interest and weak market sentiments.
Indian sponge iron prices declined by INR 100-400/tonne (t) d-o-d across major locations, Only Bellary witnessed a rise of INR 300/t. PDRI prices closed within the range of INR 24,200-27,800/t, while CDRI settled at INR 26,900-32,000/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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