BigMint's daily trade sheet - 11 Sep'24
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BigMint's weekly iron ore concentrate index was assessed at around INR 3,850/tonne (t) ($46/t) exw-Jabalpur, unchanged from the previous assessment on 7 September 2024.
BigMint's assessment on 11 September, ferro molybdenum prices in India were INR 2,560,000/t ($30,492/t) exw-Nagpur on a 60% pro-rata basis. Trades of approximately 30 t were reported to BigMint last week in the price range of INR 2,450,000-2,575,000/t ($29,181-30,670/t) exw.
BigMint's domestic end-cutting scrap index tracking the Mandi Gobindgarh market dipped by INR 400/tonne (t) to INR 36,200/t DAP.
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.