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BigMint's daily trade sheet - 29 Oct'24

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Pellets

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30 Oct 2024, 11:29 IST

BigMint's bi-weekly domestic pellet (Fe63%) index fell by INR 500/t ($6/t) to INR 10,000/t ($119/t) DAP Raipur on 29 October compared to the previous assessment on 25 October. Raipur-based sellers concluded a 5,000-10,000 t pellet deal at INR 9,800-9,900/t ($117-118/t) exw at lowered offers in this publishing window.

BigMint's domestic end-cutting scrap index, tracking the Mandi Gobindgarh market, declined by INR 300/tonne (t) d-o-d to INR 35,900/t DAP on 29 October 2024.

BigMint's billet index fell marginally by INR 150/tonne (t) today, settling INR 39,250/t exw Raipur on 29 October, 2024.