BigMint’s bi-weekly domestic pellet (Fe63%) index increased by INR 250/t ($2.5/t) to INR 10,100/t ($117/t) DAP Raipur, Pellet offers in Raipur for Fe63% (+/- 0.5%) material have risen by INR 200/t ($2/t) to INR 9,900-10,000/t ($114-115/t) exw over the past couple of days.
BigMint’s billet index edged lower by INR 50/tonne (t) d-o-d to INR 41,250/t exw-Raipur.
Sponge iron prices in India rose in the range of INR 50-600/tonne (t) d-o-d, with moderate trading observed. PDRI prices closed at INR 24,900-27,700/t, while CDRI was assessed at INR 27,400-31,600/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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