BigMint's daily trade sheet - 25 Feb'25

BigMint's bi-weekly domestic pellet (Fe63%) index remained stable at INR 9,800/tonne ($113/t) DAP Raipur on 25 February 2025 compared to the previous assessment on 21 February.

Daily assessed BigMint's billet index dropped by INR 150/t d-o-d to INR 39,550/t exw-Raipur on 25 February.

Daily assessed Indian sponge iron prices declined by INR 50-200/t d-o-d across major locations on 25 February. PDRI prices closed at INR 23,600-26,650/t, while CDRI settled at INR 26,000-30,600/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.