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 - 11 Jan'25

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Fines/Lumps

BigMint Bureau

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13 Jan 2025, 12:58 IST

BigMint assessed Fe 63% iron ore concentrates at INR 4,650/t ($54/t) exw-Jabalpur, stable as against the last assessment on 8 Jan'25. A 6,000-t deal was recorded in this publishing window.

BigMint's Odisha iron ore fines (Fe 62%) index remained stable at INR 5,200/t ($60/t) ex-mines on 11 January 2025. In this publishing window, steelmakers concluded around 31,000 t of higher grade fines (Fe61-62%) deals at INR 5,000-5,500/t ($58-64/t) ex-mines from private miners. Overall, around 460,000 t of iron ore (fines and lumps) deals were recorded from the Odisha market this week.

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.