BigMint’s bi-weekly domestic pellet (Fe63%) index remained unchanged at INR 9,450/t ($110/t) DAP Raipur on 10 January 2025 compared to the previous assessment on 7 January.
BigMint’s billet index fell slightly by INR 50/tonne (t) d-o-d to INR 38,850/t exw Raipur on 10 January 2025.
India’s sponge iron offers varied significantly today, with prices rising by INR 100-150/t d-o-d in some locations, while other regions saw a d-o-d decline of INR 50-200/t or remained stable.
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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