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.

Go to List

BigMint's Daily Trade Sheet - 24 Apr'24

...

Concentrates

BigMint Bureau

146 Reads

25 Apr 2024, 12:40 IST

BigMint's bi-weekly index for Fe 63% concentrate currently stands at INR 4,200/t ($50/t) exw, stable as against the last assessment on 20 April.

Indian sponge iron prices fell further by INR 50-500/t in all major locations. Around 4,600 t of sponge iron transactions were recorded in the country on 24 April compared to 5,100 t on 23 April.

BigMint's billet index experienced a downward correction on 24 April to settle at INR 42,850/t exw Raipur, a decrease of INR 400/t d-o-d. The volume of transactions on 24 April was about 1,000 t - largely same as on 23 April.

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.