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 May'24

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BigMint Bureau

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25 May 2024, 11:50 IST

BigMint's bi-weekly domestic pellet (Fe63%) index increased by INR 250/t ($3/t) to INR 10,550/t ($127/t) DAP Raipur on 21 May, 2024 compared to the last assessment on 17 May. Sponge iron and steelmakers in Raipur booked around 55,000 t of pellets at around INR 10,250-10,600/t DAP Raipur a couple of days back from both Odisha- and Raipur-based producers in this publishing window.

BigMint's domestic end-cutting scrap index, which monitors the Mandi Gobindgarh market, decreased by INR 100/t to INR 41,100/t DAP on May 24 May, 2024.

On May 24, 2024, BigMint's billet index fell by INR 100/t to INR 44,400/t exw-Raipur. Total transactions on 24 May were just around 700 t, down from 2,800 t on 23 May.

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.