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 - 21 Aug'24

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Concentrates

BigMint Bureau

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22 Aug 2024, 11:38 IST

BigMint's weekly iron ore concentrate index was steady at INR 4,000/tonne (t) ($48/t) ex-works, unchanged from the last assessment on 17 August.

BigMint's domestic end-cutting scrap index tracking the Mandi Gobindgarh market rose by INR 100/t to INR 37,600/t DAP on 21 August, 2024.

India's sponge iron market saw a price increase, ranging from INR 50-400/tonne (t) across key locations. PDRI prices were assessed at INR 24,000-26,700/t at the close of trading, while CDRI prices stood at INR 26,350-30,000/t. Approximately 8,000 t of sponge iron transactions were recorded in India, down from 15,600 t on 21 August.

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.