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 - 14 Aug'24

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Sponge Iron

BigMint Bureau

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16 Aug 2024, 11:15 IST

Indian sponge iron prices fell by INR 50-250/tonne (t) today in major locations. PDRI market prices closed at a range of INR 23,200-26,600/t while CDRI prices closed at INR 25,850-29,800/t. Only 6,650 t of sponge iron transactions were recorded in the country on 14 August compared to 20,200 t on 13 August.

BigMint's domestic end-cutting scrap index for the Mandi Gobindgarh market remained steady at INR 37,100/t DAP on 14 August 2024.

BigMint's billet index fell by INR 300/t, reaching INR 38,300/t exw-Raipur on 14 August, 2024.

The below sheet summarizes confirmed trades/offers of iron and steel products collected by BigMint to help our users keep track of day-to-day trade dynamics.