Indian sponge iron prices declined by INR 50-300/tonne (t) across major locations. PDRI prices closed within the range of INR 23,000-26,400/t, while CDRI settled at INR 25,200-30,500/t.
BigMint’s daily billet index recorded a marginal recovery of INR 100/tonne (t) d-o-d, settling at INR 39,900/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 36,900/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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