BigMint's daily trade sheet -27 Oct'25

BigMint's billet index declined by INR 150/tonne (t) d-o-d to INR 34,500/t exw-Raipur. The PDRI-to-billet conversion spread for standalone induction furnaces in Raipur was assessed at INR 12,450/t.

Sponge iron prices across India declined by INR 50-300/tonne (t) d-o-d. Daily sponge iron trade volumes were estimated at around 23,000 t.

BigMint's domestic end-cutting scrap index, tracking the Mandi Gobindgarh market, decreased by INR 300/tonne (t) d-o-d to INR 32,800/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.