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 - 19 Sep'24

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Sponge Iron

BigMint Bureau

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20 Sep 2024, 12:10 IST

BigMint's price assessments for sponge iron (daily) in India marked an increase of INR 100-600/tonne (t) d-o-d across key markets on 19 September. The market prices of PDRI closed in the range of INR 24,100-25,900/t, while those of CDRI closed at INR 26,300-30,000/t. About 11,300 t of sponge iron transactions were recorded in the country on 19 September, compared to 23,000 t a day before.

BigMint's billet index (daily) increased by INR 300/t to INR 38,150/t exw-Raipur, with 1,470 t recorded as traded against 4,000 t on 18 September.

BigMint's domestic end-cutting scrap index tracking the Mandi Gobindgarh market rose by INR 100/t d-o-d to INR 35,800/t DAP as of 19 September.

BigMint-trade-sheet-captured-for-19-Sept-01