BigMint’s billet index slipped marginally by INR 100/tonne (t) d-o-d, settling at INR 39,800/t exw-Raipur.
Indian sponge iron prices declined by INR 50-200/tonne (t) across major locations, PDRI prices closed within the range of INR 26,500-28,000/t, while CDRI prices settled at INR 28,300-33,900/t.
BigMint’s domestic end-cutting scrap index, tracking the Mandi Gobindgarh market, declined by INR 100/tonne (t) d-o-d to INR 37,000/t DAP.
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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