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 Mar'24

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Fines/Lumps

BigMint Bureau

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18 Mar 2024, 12:17 IST

BigMint's weekly Odisha iron ore fines (Fe 62%) index remained stable w-o-w at INR 5,100/t ($62) ex-mines on 16 March 2024. No deal of Fe62% fines recorded this week.

Mill scale (Fe68-70%) prices in Kandla dropped INR 150/t at INR 6,650/t DAP on 16 Mar'24 as against 13 Mar.

Odisha Mining Corporation (OMC) has scheduled an auction for 2.92 mnt of iron ore ( 1.69 mnt of fines and 1.23 mnt of lumps) on 19 Mar'24. OMC has reduced the base price m-o-m by INR 200/t for the majority of fines lots and INR 100-700/t for few lumps lots, respectively.

Odisha Mining Corporation (OMC) has scheduled an auction for 57,700 t of chrome ore of various grades (40-54%) and sizes from its South Kaliapani and Sukrangi mines on 19 Mar'24.

The below sheet summarizes confirmed trades/offers of iron and steel products collected by SteelMint to help our users keep track of day-to-day trade dynamics.