Indian sponge iron prices declined by INR 100-200/tonne (t) across major locations. PDRI prices closed within the range of INR 21,700-25,000/t, while CDRI tags settled at INR 24,200-29,100/t.
BigMint’s billet index dropped further by INR 250/tonne (t) d-o-d to INR 38,050/t exw-Raipur.
BigMints domestic end-cutting scrap index for the Mandi Gobindgarh market held firm d-o-d at INR 36,300/tonne (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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