BigMint's daily trade sheet - 15 Apr'26

BigMints latest bi-weekly assessment, Fe 62% concentrate prices held their ground at INR 5,300/t ($58/t) ex-works. Around 30,000 t of Fe 63% trades concluded.

BigMint's billet index in Raipur declined further by INR 350/t day-on-day to INR 42,200/t exw. The conversion spread from pellet-based sponge iron (PDRI) to billets for standalone induction furnaces in the Raipur cluster was assessed at around INR 16,000/t.

Domestic sponge iron prices declined by INR 50-600/t d-o-d across regions. Trade recorded around 17,000 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.