Indian sponge iron prices declined by INR 50-300/tonne (t) d-o-d. Daily sponge iron trade volumes were estimated at around 12,000 t.
BigMint’s billet index witnessed another correction of INR 200/tonne (t) d-o-d, settling at INR 34,950/t exw-Raipur.
BigMint’s domestic end-cutting scrap index, tracking the Mandi Gobindgarh market, remained stable d-o-d at INR 33,900/tonne (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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