BigMint's Daily Trade Sheet - 10 Feb'24

BigMint's weekly Odisha iron ore fines (Fe 62%) index remained stable w-o-w at INR 5,800/t ex-mines on 10 February 2024.

Sponge iron prices in India inched down further amid uncertain market conditions in key locations. About 7,600 t of sponge iron transactions were recorded in the country on 10 February compared to 3,680 t on 9 February.

BigMint's billet index fell slightly by INR 50/t today, reaching INR 39,200/t exw-Raipur on 10 February 2024. Approximately 1,300 t of billet deals were concluded on 10 February as against 1,760 t on 9 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.