Author: Bhupesh Agrawal
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BigMint’s daily trade sheet – 12 May’25
BigMint’s billet index recorded a sharp uptick of INR 500/tonne (t) d-o-d to INR 40,350/t exw-Raipur. India’s sponge iron market witnessed a notable price increase of INR 150-500/tonne (t) across major regions,P-DRI prices were assessed in the range of INR 23,400-26,700/t, while CDRI offers stood at INR 25,800-30,600/t. BigMint’s domestic end-cutting scrap index, tracking the Mandi Gobindgarh market, improved marginally by INR 300/tonne (t) d-o-d to INR 37,200/t DAP.…