BigMint’s bi-weekly domestic pellet (Fe63%) index remained stable at INR 9,800/t ($113/t) DAP Raipur on 21 February 2025 compared to the previous assessment on 18 February.
Daily assessed BigMint’s billet index inched up by INR 50/t d-o-d, reaching INR 39,350/tonne (t) exw-Raipur on 21 February.
Daily assessed Indian sponge iron prices witnessed a decline on 21 February, dropping by INR 50-200/t across markets. PDRI prices closed at a range of INR 23,400-26,000/t while CDRI prices were assessed at INR 25,800-30,500/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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