BigMint's daily trade sheet - 14 Feb'25

BigMint's bi-weekly domestic pellet (Fe63%) index remained stable at INR 9,800/t ($113/t) DAP Raipur on 14 February 2025 compared to the previous assessment on 11 February.

Daily assessed BigMint's billet index dropped slightly by INR 150/tonne (t) d-o-d to INR 39,300/t exw-Raipur on 14 February.

Daily assessed Indian sponge iron prices declined by INR 50-200/tonne (t) across major locations on 14 February. PDRI prices closed in the range of INR 23,700-26,700/t, while CDRI settled at INR 25,900-30,400/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.