BigMint's daily trade sheet -16 Sep'25
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BigMint's bi-weekly domestic pellet (Fe63%) index for Raipur, remained stable at INR 10,300/t ($117/t) DAP. Deals for around 5,000 t were recorded in the Raipur market.
BigMint's billet index slipped further by INR 250/t d-o-d, settling at INR 36,500/t exw-Raipur. The PDRI-to-billet spread for standalone induction furnaces in Raipur was assessed at INR 12,500/t.
BigMint's domestic end-cutting scrap index, tracking the Mandi Gobindgarh market, fell by INR 200/tonne (t) d-o-d to INR 34,100/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.


