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 - 16 Jan'25

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Sponge Iron

BigMint Bureau

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17 Jan 2025, 11:38 IST

BigMint's daily assessed India's sponge iron prices witnessed minor fluctuations to the tune of INR 50-150/tonne (t) across various regions on 16 January 2025. PDRI prices stood at INR 22,900-25,500/t today, while CDRI offers were assessed at INR 25,500-30,300/t.

BigMint's daily assessed billet index fell slightly by INR 50/tonne (t) d-o-d to INR 38,800/t exw-Raipur on 16 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.