PELLEX, BigMint’s bi-weekly domestic pellet (Fe63%) index, remained stable at INR 10,150/t ($119/t) DAP Raipur on 22 April 2025 compared to the previous assessment on 18 April. In this publishing window, deals for around 15,000 t of pellets (Fe63%) were concluded by Raipur-based sellers at INR 10,150/t ($119/t) DAP.
BigMint’s domestic end-cutting scrap index, tracking the Mandi Gobindgarh market, increased by INR 700/tonne (t) to INR 37,600/t DAP on 22 April 2025.
BigMint’s billet index witnessed a sharp rise of INR 550/tonne (t) day-on-day (d-o-d), settling at INR 41,250/t exw-Raipur on 22 April 2025, even as buying interest remained subdued amid elevated offers.
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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