BigMint's daily trade sheet - 17 Jan'25

BigMint's bi-weekly domestic pellet (Fe63%) index remained stable at INR 9,400/t ($109/t) DAP Raipur on 17 January 2025 compared to the previous assessment on 14 January.

BigMint's daily assessed billet index dropped by INR 100/tonne (t) d-o-d to INR 38,700/t exw-Raipur on 17 January.

Daily assessed India's sponge iron prices fluctuated by INR 50-100/tonne (t) across regions on 17 January. PDRI prices stood at INR 22,900-25,700/t, while CDRI offers were assessed at INR 25,600-30,200/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.