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BigMint's daily trade sheet - 26 Oct'24

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Pellets

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26 Oct 2024, 12:38 IST

BigMint's bi-weekly domestic pellet (Fe63%) index remained stable at INR 10,500/tonne (t) ($125/t) DAP Raipur on 25 October 2024 compared to the previous assessment on 22 October.

The daily assessed sponge iron prices in India rose by INR 50-300/t across markets today. However, in Raigarh and Rourkela prices dropped INR 50-100/t. PDRI prices were assessed at INR 24,700-27,000/t and CDRI prices at INR 27,400-32,600/t.

The daily assessed BigMint's billet index increased by INR 50/t to INR 39,450/t exw-Raipur on 25 October.

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.