BigMint’s bi-weekly domestic pellet (Fe63%) index increased by INR 250/t ($3/t) to INR 9,750/tonne (t) ($113/t) DAP Raipur on 28 January 2025 compared to the previous assessment on 24 January.
The daily assessed BigMint’s billet index increased further by INR 100/tonne (t) d-o-d to INR 39,500/t exw-Raipur on 28 January.
The daily assessed India’s sponge iron prices increased by INR 50-500/tonne (t) across key regions on 28 January. PDRI prices stood at INR 23,700-26,600/t, while CDRI offers were assessed at INR 26,050-30,400/t at the end of the day.
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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