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BigMint's daily trade sheet - 7 Oct'24

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8 Oct 2024, 15:37 IST
BigMint's daily trade sheet - 7 Oct'24

BigMint's billet index declined marginally by INR 150/tonne (t) d-o-d today, settling at INR 41,950/t exw-Raipur on 7 October 2024. Deals of around 1,000 t were recorded as against 1,300 t on 4 October.

BigMint's domestic end-cutting scrap index, tracking the Mandi Gobindgarh market, remained stable at INR 38,900/tonne (t) DAP on 7 October 2024.

The daily assessed Indian sponge iron market showed mixed trends, with prices increasing in Ramgarh, Bellary and Hyderabad by INR 50-100/t but dropping by INR 150-400/t in other locations. PDRI prices at close of trading today were assessed at INR 27,400-28,900/t and CDRI prices at INR 28,850-33,300/t.

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.

8 Oct 2024, 15:37 IST

 

 

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