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 - 24 Jan'24

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Concentrates

BigMint Bureau

221 Reads

25 Jan 2024, 11:50 IST

BigMint's bi-weekly index for Fe 63% concentrate currently stood at INR 5,700/t ($69/t) exw, stable, w-o-w. A trade of 12,000 t was recorded in the publishing window.

According to BigMint's estimates, the price of silico manganese in Raipur was at INR 64,700/t exw ($780/t), up by INR 400/t ($5/t) w-o-w.

On 24 January, 2024, BigMint's domestic steel scrap (end-cutting) index recorded a decrease of INR 200/t, settling at INR 37,300/t on a delivered-at-plant (DAP) basis in Mandi Gobindgarh.

BigMint's billet index inched down by INR 100/t to INR 39,450/t exw-Raipur on 24 January, 2024. About 1,420 t of transactions were recorded on 24 January as against 1,800 t on 23 January.

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