BigMint's Daily Trade Sheet - 17 July'24

BigMint's weekly iron ore concentrate index stood at INR 4,200/t ($50/t) exw, showing a fall of INR 50/t ($1/t) as against the last assessment on 13 July.Iron ore concentrate offers have inched down w-o-w to INR 4,200-4,300/t exw levels.

BigMint's domestic end-cutting scrap index tracking the Mandi Gobindgarh market remained stable at INR 39,000/t DAP on 17 July, 2024.

BigMint's billet index inched down further by INR 150/tonne (t) to INR 39,450/t exw Raipur on 17 July, 2024. About 2,900 t of deals were recorded on 17 July, down from 1,000 t on 16 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.