BigMint’s daily assessed sponge prices were mostly stable to slightly lower by about INR 100/t, while other regions saw a marginal increase ranging from INR 50 to INR 400/t d-o-d on 7 November 2024. PDRI prices closed at INR 25,000-27,100/t, while CDRI was at INR 27,500-32,000/t in various regions. Deals of about 25,300 t of sponge iron were recorded on 7 November compared to 8,200 t a day before.
BigMint’s billet index rose slightly by INR 100/tonne (t) today, reaching INR 39,550/t exw-Raipur on 7 November 2024.
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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