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 - 16 Nov'24

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Concentrates

BigMint Bureau

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18 Nov 2024, 12:27 IST

BigMint's assessment for Fe 63% iron ore concentrates stood at INR 5,050/t ($60/t) exw-Jabalpur, stable as against the last assessment on 13 Nov'24. A deal of around 5,000 t was reported at INR 5,000/t ($59/t) exw.

BigMint's Odisha iron ore fines (Fe 62%) index dropped by INR 100/t ($1/t) w-o-w to INR 5,350/t ($63/t) ex-mines on 16 November 2024. Deals of around 35,200 t of Fe 61-62% fines were recorded by BigMint this week in Odisha.

Mill scale prices in Raipur inched up INR 50/t to INR 7,550/t exw today against 13 Nov'24. Some deals were heard at higher levels and hike in offers have supported mill scale prices.Prices in Kandla stood steady at INR 7,050/t DAP today. Deals of 2,000 t were recorded at INR 7,100-7,200/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.