PELLEX, BigMint’s bi-weekly domestic pellet (Fe63%) index for Raipur, rose by INR 50/t to INR 10,000/t ($113/t) DAP on 4 November 2025.
BigMint’s domestic end-cutting scrap index, tracking the Mandi Gobindgarh market, edged up by INR 200/t d-o-d to INR 33,300/t DAP on 04 November 2025. Scrap prices rose amid tight supply conditions, while ongoing GST inspections continued to disrupt operations in Mandi.
BigMint’s billet index declined marginally by INR 100/t d-o-d, settling at INR 35,300/t exw-Raipur on 4 November 2025, as weak buying interest and limited inquiries kept overall market sentiment subdued.
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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