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BigMint's daily trade sheet - 18 Feb'26

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19 Feb 2026, 11:29 IST
BigMint's daily trade sheet - 18 Feb'26

BigMint's latest bi-weekly assessment shows that iron ore concentrate (Fe 62%) prices in Jabalpur remained firm at INR 5,300/t ($58/t) ex-works.

BigMint's billet index declined by INR 200/t day-on-day to INR 40,800/t exw-Raipur. The conversion spread from pellet-based sponge iron (PDRI) to billets for standalone induction furnaces in Raipur was assessed at around INR 13,500/t.

India's sponge iron market witnessed mixed price movements d-o-d. Daily trade volumes were estimated at around 3,600 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.

19 Feb 2026, 11:29 IST

 

 

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