BigMint’s daily trade sheet – 27 Dec’24

BigMint’s bi-weekly domestic pellet (Fe63%) index fell by INR 100/t ($1/t) to INR 9,250/t ($108/t) DAP Raipur on 27 December compared to the previous assessment on 24 December.

The daily assessed Indian sponge iron prices declined by INR 50-450/tonne (t) across major locations on 27 December. PDRI prices closed in the range of INR 23,200-26,600/t, while CDRI settled at INR 26,000-30,800/t.

BigMint’s daily assessed billet index dipped further by INR 50/tonne (t) d-o-d to INR 38,900/t exw-Raipur on 27 December.

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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