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 - 16 Feb'24

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Pellets

BigMint Bureau

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17 Feb 2024, 11:20 IST

BigMint's bi-weekly domestic pellet (Fe 63%) index remained stable at INR 9,550/t DAP ($115/t) Raipur on 16 February 2024 compared to the last assessment on 13 February. A deal of 15,000 t was recorded at INR 9,550/t DAP Raipur.

BigMint's billet index decreased by INR 100/t, reaching to INR 39,050/t exw-Raipur on 16 February, 2024. About 1,500 t of deals were confirmed on 16 February as against 4,450 t on 15 February.

Indian sponge iron prices edged down by INR 50-250/t in major locations. Limited trading activity were reported d-o-d. About 13,050 tonnes (t) of sponge iron transactions were recorded in the country on 16 February compared to 22,750 t on 15 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.