BigMint’s weekly iron ore concentrate index was assessed at around INR 4,700/tonne (t) ($54/t) exw-Jabalpur, stable against the previous assessment on 8 March 2025.
Sponge iron prices in the country fell by INR 50-200/tonne (t) d-o-d today in major locations.PDRI prices were assessed at INR 23,900-27,000/t, while CDRI rates hovered at INR 26,550-31,000/t.
BigMint’s billet index fell further by INR 100/t, reaching at INR 39,900/t exw-Raipur on 12 March 2025. The index dropped further due to limited buying interest and lower participation in market activity.
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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