Indian sponge iron prices declined by INR 50-300/tonne (t) across major locations.PDRI prices closed at INR 24,100-27,000/t, while CDRI settled at INR 26,650-31,000/t.Transactions of 10,500 t were recorded in the country on 6 March, compared to 9,600 t on 5 March.
BigMint’s domestic end-cutting scrap index, tracking the Mandi Gobindgarh market, slid down by INR 200/tonne (t) d-o-d to INR 36,600/t DAP on 6 March 2025.
BigMint’s billet index dropped by INR 350/tonne (t) d-o-d today, to INR 40,050/t exw-Raipur on 6 March 2025.
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
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