BigMint’s bi-weekly domestic pellet (Fe63%) index for Raipur, inched down by INR 50/t ($0.5/t) INR 9,150/t ($106/t) DAP Raipur.
Indian sponge iron prices declined by INR 50-200/tonne (t) across locations, However, prices in Ramgarh and Chennai trended higher by INR 100-200/t. PDRI prices closed at INR 21,200-25,700/t, while CDRI settled at INR 23,700-28,700/t.
BigMint’s domestic end-cutting scrap index, tracking the Mandi Gobindgarh market, declined by INR 100/tonne (t) d-o-d to INR 35,800/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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