BigMint’s daily trade sheet – 2 June’25

BigMint’s daily billet index registered a d-o-d rise of INR 200/tonne (t), settling at INR 39,150/t exw-Raipur.

India’s sponge iron market witnessed price hikes today in the range of INR 100-400/tonne (t) across key locations, PDRI prices were assessed at INR 22,450-25,600/t at the close of trading, while CDRI stood at INR 24,600- 29,800/t.

BigMint’s domestic end-cutting scrap index, tracking the Mandi Gobindgarh market, increased by INR 200/tonne (t) d-o-d to INR 36,500/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.