Indian sponge iron prices declined by INR 100-300/tonne (t) across major locations in the country. PDRI prices closed within the range of INR 23,000-26,000/t, while CDRI prices settled at INR 25,200-30,300/t.
BigMint’s billet index dropped further by INR 150/tonne (t) to INR 39,900/t exw-Raipur.
BigMint’s domestic end-cutting scrap index, tracking the Mandi Gobindgarh market, dipped 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.
Leave a Reply