Pellet offers in Raipur for Fe63% (+/- 0.5%) material remained stable at INR 9,800-9,900/t ($112-114/t) exw.
BigMint’s billet index rose a further INR 200/t, reaching INR 40,350/t exw-Raipur on 18 March 2025.
Sponge iron prices in India increased by INR 100-450/tonne (t) d-o-d across markets today. Only Hyderabad witnessed a drop of INR 100/t. PDRI prices closed within the range of INR 24,100-27,000/t, while CDRI tags were assessed at INR 26,550-31,200/t.
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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