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 - 8 Nov'24

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Sponge Iron

BigMint Bureau

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8 Nov 2024, 12:56 IST

BigMint's daily assessed sponge prices were mostly stable to slightly lower by about INR 100/t, while other regions saw a marginal increase ranging from INR 50 to INR 400/t d-o-d on 7 November 2024. PDRI prices closed at INR 25,000-27,100/t, while CDRI was at INR 27,500-32,000/t in various regions. Deals of about 25,300 t of sponge iron were recorded on 7 November compared to 8,200 t a day before.

BigMint's billet index rose slightly by INR 100/tonne (t) today, reaching INR 39,550/t exw-Raipur on 7 November 2024.

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.