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 - 23 Jan'25

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Sponge Iron

BigMint Bureau

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24 Jan 2025, 13:23 IST

India's daily assessed sponge iron market saw an upward movement in offers on 23 January 2025, with quotes increasing by INR 100-300/t d-o-d across locations. PDRI prices stood at INR 23,000-25,500/t today, while CDRI offers were assessed at INR 25,300-30,100/t by the end of the day.

BigMint's daily assessed billet index rose slightly by INR 250/tonne (t) d-o-d to INR 38,750/t exw-Raipur on 23 January.

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.