BigMint's daily trade sheet - 13 Feb'26
...
BigMint's bi-weekly domestic pellet (Fe 63%) index for Raipur, remained stable at INR 10,550/t ($117/t) DAP. Around 15,000 t of pellet (Fe 62.5-63%) deals were concluded in the market at INR 10,400-10,500/t ($115-116/t) exw Raipur.
Indian sponge iron prices declined by INR 50-200/t across key regions. Trade volumes recorded around 12,400 t.
BigMint's billet index rose by INR 100/t day-on-day to INR 41,650/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 14,200/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.


