Indian sponge iron prices dropped INR 100-300/t d-o-d in all major locations amid modest buying. PDRI prices were assessed at INR 23,350-25,700/t and CDRI tags at INR 24,700-29,800/t.
BigMint’s billet index fell by INR 350/tonne (t) d-o-d to INR 39,050/t exw-Raipur.
BigMint’s domestic end-cutting scrap index, tracking the Mandi Gobindgarh market, declined by INR 300/tonne (t) d-o-d to INR 36,300/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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