BigMint's Daily Trade Sheet - 22 Mar'24

BigMint's bi-weekly domestic pellet (Fe 63%) index remained stable at INR 9,200/t DAP ($109/t) Raipur on 22 March 2024 compared to the last assessment on 19 March. Around 11,000 t pellet deals of Fe 63/63.5% were recorded at INR 9,350-9,650/t DAP Raipur in this publishing window.

Domestic end-cutting scrap prices in the Mandi Gobindgarh market, on 22 March, fell by INR 100/t, settling at INR 36,800/t for delivery at plant (DAP), as per BigMint's assessment.

BigMint's billet index dropped by INR 150/t to INR 39,650/t exw-Raipur on 22 March, 2024. Total transactions recorded on 22 March were 2,000 t, compared to 2,050 t on 21 March.

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.