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 - 9 Nov'24

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Pellets

BigMint Bureau

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9 Nov 2024, 12:54 IST

BigMint's bi-weekly assessed domestic pellet (Fe63%) index remained stable at INR 9,950/t ($118/t) DAP Raipur on 8 November compared to the previous assessment on 5 November.

The daily assessed BigMint's billet index increased by INR 500/tonne (t) to INR 40,050/t exw-Raipur on 8 November.

Sponge iron prices in India rose by INR 200-700/t d-o-d across markets on 8 November. PDRI prices closed at INR 25,600-27,500/t, while CDRI was at INR 27,800-32,200/t. Transactions of about 10,600 t of sponge iron were recorded in the country on 8 November 2024, compared to the previous day's 25,300 t.

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.