BigMint’s daily trade sheet – 29 Dec’25
BigMint’s billet index increased sharply by INR 1,400/tonne (t) d-o-d to INR 39,100/t exw-Raipur. The PDRI-to-billet conversion spread for standalone induction furnaces in Raipur was assessed at INR 15,250/t.
India’s sponge iron pricesrose by INR 500-1,400/tonne (t) across key producing regions. Daily trade volumes surged to nearly 26,000 t.
BigMint’s domestic end-cutting scrap index, tracking the Mandi Gobindgarh market, increased by INR 500/tonne (t) to INR 36,500/t DAP.
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.
