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.

Go to List

BigMint's Daily Trade Sheet - 1 Aug'24

...

Sponge Iron

BigMint Bureau

123 Reads

2 Aug 2024, 11:26 IST

Indian sponge iron prices edged down by INR 50-250/tonne (t) in major locations.PDRI market prices closed at a range of INR 23,800-26,500/t while CDRI prices closed at INR 26,000-30,000/t.Only 7,400 t of sponge iron transactions were recorded in the country on 1 August compared to 4,600 t on 31 July.

BigMint's domestic end-cutting scrap index tracking the Mandi Gobindgarh market remained stable at INR 38,500/t DAP on 1 August, 2024.

BigMint's billet index inched down further by INR 150/tonne (t) to INR 39,100/t exw Raipur on 1 August, 2024.

The below sheet summarizes confirmed trades/offers of iron and steel products collected by BigMint to help our users keep track of day-to-day trade dynamics.