BigMint's daily trade sheet - 03 Feb'25
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BigMint's billet index dropped slightly by INR 200/tonne (t) today, to INR 39,150/t exw-Raipur on 3 February 2025.
India's sponge iron prices dropped by INR 100-200/tonne (t) d-o-d across key regions today, as muted buying interest kept market activity subdued.P-DRI prices stood at INR 23,800-26,400/t, while CDRI offers were assessed at INR 26,000-30,400/t at the end of today's session.
BigMint's domestic end-cutting scrap index, tracking the Mandi Gobindgarh market, declined slightly by INR 100/tonne (t) d-o-d to INR 37,200/t DAP on 3 February, 2025.
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