BigMint's daily trade sheet - 12 May'25

BigMint's billet index recorded a sharp uptick of INR 500/tonne (t) d-o-d to INR 40,350/t exw-Raipur.

India'sspongeironmarketwitnessedanotablepriceincreaseofINR150-500/tonne (t)acrossmajorregions,P-DRI prices were assessed in the range of INR 23,400-26,700/t, while CDRI offers stood at INR 25,800-30,600/t.

BigMint's domestic end-cutting scrap index, tracking the Mandi Gobindgarh market, improved marginally by INR 300/tonne (t) d-o-d to INR 37,200/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.