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 - 1 March'24

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Pellets

BigMint Bureau

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2 Mar 2024, 15:11 IST

BigMint's Daily Trade Sheet - 1 March'24

BigMint's bi-weekly domestic pellet (Fe 63%) index remained stable at INR 9,300/t DAP ($112/t) Raipur on 1 March 2024 compared to the last assessment on 27 February. A deal of 10,000 t of pellets was recorded at INR 9,250/t DAP for Fe 63 grade from Raipur in this publishing period.

The Mandi Gobindgarh steel market experienced a decrease in prices for domestic end-cutting scrap. Prices declined by INR 300/t, reaching INR 37,700/t delivered at plant.

BigMint's billet index dropped by INR 200/t at INR 39,500/t exw-Raipur on 1 March, 2024. About 2,920 t of transactions were recorded on 1 March as against 4,370 t on 29 February.

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