BigMint is a Market Intelligence and Price Reporting firm that caters to the data and analytics requirements of businesses in the commodities sector. It publishes real time prices and information, which is impartial, independent and reliable, sourced from all industry interfaces – sellers, buyers, agents and traders. This data is filtered and passed through very stringent, calculative assessments before final prices are derived, thereby giving our clients accurate pricing.

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BigMint's daily trade sheet - 11 Feb'26

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Concentrates

BigMint Bureau

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12 Feb 2026, 11:29 IST

BigMint's latest bi-weekly assessment reflects a decisive strengthening trend in iron ore concentrate (Fe 62%) prices in the Jabalpur region. Prices climbed by INR 150/t ($1.5/t) week-on-week to settle at INR 5,300/t ($59/t) ex-works.

Indian sponge iron prices declined by INR 50-400/tonne (t) across key regions.

BigMints billet index declined by INR 500/t day-on-day to INR 41,700/t exw-Raipur, reflecting deteriorating market sentiment amid weak participation in the semi-finished steel segment. The conversion spread from pellet-based sponge iron (PDRI) to billets for the standalone induction furnaces in Raipur was assessed at around INR 14,000/t.

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.