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 - 20 Jan'26

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Pellets

BigMint Bureau

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21 Jan 2026, 10:53 IST

BigMint's bi-weekly domestic pellet (Fe63%) index for Raipur, remained unchanged at INR 9,800/t ($108/t) DAP.

Indias sponge iron (DRI) prices eased by INR 200-500/tonne (t) d-o-d across regions. Daily trade volumes estimated around 8,650 t.

BigMint's billet index declined further by INR 300/t d-o-d to INR 40,850/t exw-Raipur. The P-DRI to billet conversion spread for standalone induction furnaces in Raipur was assessed at INR 15,850/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.