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.
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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