BigMint's Daily Trade Sheet - 15 July'24
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BigMint's billet index rose by up to INR 600/t, reaching INR 39,950/t exw-Raipur on 15 July, 2024. About 1,670 t of trades were recorded on 15 July as against 1,900 t on 12 July.
BigMint's domestic end-cutting scrap index tracking the Mandi Gobindgarh market significantly increased by INR 1,100/t to INR 39,100/t DAP on 15 July, 2024.
Sponge iron prices in India increased by INR 300-850/tonne (t) on 15 July. PDRI prices closed at a range of INR 24,900-27,200/t while CDRI prices were assessed at INR 26,800-30,600/t. About 11,000 t of sponge iron deals were concluded on 15 July against to 10,400 t on 12 July.
The below sheet summarizes confirmed trades/offers of iron and steel products collected by BigMint to help our users keep track of day-to-day trade dynamics.