BigMint is a Market Intelligence and Price Reporting firm that caters to the data and analytics requirements of businesses in the commodities sector. It publishes real time prices and information, which is impartial, independent and reliable, sourced from all industry interfaces – sellers, buyers, agents and traders. This data is filtered and passed through very stringent, calculative assessments before final prices are derived, thereby giving our clients accurate pricing.

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BigMint's daily trade sheet - 18 Aug'25

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BigMint Bureau

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19 Aug 2025, 11:04 IST

BigMint's billet index gained INR 200/t d-o-d, settling at INR 37,700/t exw-Raipur. The conversion spread from sponge iron (PDRI) to billets for the standalone induction furnaces in the Raipur cluster was assessed at INR 13,500/t.

BigMint's domestic end-cutting scrap index, tracking the Mandi Gobindgarh market, remained steady d-o-d and assessed at INR 35,600/t DAP.

Sponge iron prices across India witnessed a notable uptick in buying activity d-o-d, with spot offers increasing by INR 50-150/t across regions.

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.