Indian sponge iron prices declined by INR 50-250/tonne (t) d-o-d across major locations, PDRI prices closed at INR 21,500-25,500/t, while CDRI settled at INR 24,000-29,100/t.
BigMint’s billet index dropped by INR 200/tonne (t) d-o-d, settling at INR 37,500/t exw-Raipur.
BigMint’s domestic end-cutting scrap index, tracking the Mandi Gobindgarh market, declined by INR 100/tonne (t) d-o-d to INR 36,400/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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