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 - 25 July'24

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Sponge Iron

BigMint Bureau

155 Reads

26 Jul 2024, 12:50 IST

BigMint's Daily Trade Sheet - 25 July'24

India's sponge iron market witnessed mixed trends. PDRI prices stood at around INR 23,900-26,450/t at close of trading while CDRI prices were at INR 26,000-30,100/t.About 26,150 t of sponge iron transactions were recorded in the country on 25 July compared to 5,530 t on 24 July.

BigMint's domestic end-cutting scrap index tracking the Mandi Gobindgarh market remained stable at INR 37,700/t DAP on 25 July, 2024.

BigMint's billet index remained stable at INR 38,500/tonne (t) exw-Raipur on 25 July, 2024. About 1,160 t of transactions were recorded on 25 July as against 1,850 t on 24 July.

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.