BigMint's Daily Trade Sheet - 29 Apr'24
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BigMint's billet index stood at INR 42,900/t ex Raipur on 29 April, 2024. Today, around 4,800 t of transactions were reported, up from 3,200 t on 26 April.
Sponge iron prices in India experienced a significant drop in the range of INR 50-450/t due to negative market sentiments prevailing across regions. About 18,150 t of sponge iron deals were recorded in the country on 29 April compared to 13,150 t on 26 April.
BigMint's domestic end-cutting scrap index in the Mandi Gobindgarh market declined by INR 300/t to INR 40,400/t DAP on 29 April, 2024.
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.