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 Nov'24

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Fines/Lumps

BigMint Bureau

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11 Nov 2024, 12:56 IST

BigMint's weekly assessed Odisha iron ore fines (Fe 62%) index dropped by INR 150/t ($2/t) w-o-w to INR 5,450/t ($64-65/t) ex-mines on 9 November 2024. Overall, deals of approximately 500,000 t iron ore (fines and lumps) were reported in the Odisha region during the week (4 - 9 November).

BigMint's daily assessed sponge prices were mostly stable to slightly lower by about INR 100/t, while other regions saw a marginal increase ranging from INR 50 to INR 400/t d-o-d on 7 November 2024. PDRI prices closed at INR 25,000-27,100/t, while CDRI was at INR 27,500-32,000/t in various regions.

BigMint's bi-weekly domestic pellet (Fe 63%) index, PELLEX, remained largely stable w-o-w at INR 9,950/tonne (t) DAP Raipur on 8 November.

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.