BigMint's daily trade sheet - 16 May'25

BigMint's bi-weekly domestic pellet (Fe63%) index for Raipur, dropped by INR 100/tonne (t) ($1/t) to INR 9,700/t ($113/t) DAP Raipur.

BigMint's billet index declined marginally by INR 50/tonne (t) d-o-d, settling at INR 39,850/t exw-Raipur.

Indian sponge iron prices showed mixed trends d-o-d, decreasing in Bellary by INR 100-150/t while increasing by INR 100/t in other locations. PDRI prices were assessed at INR 23,500-26,950/t and CDRI at INR 26,300-30,900/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.