BigMint's Daily Trade Sheet - 29 Jun'24

BigMint's Odisha iron ore fines (Fe62%) index inched down by INR 50/t w-o-w to INR 4,750/t ($56/t) ex-mines on 29 June, 2024. No deals of standard Fe 62% fines deal recorded from the merchant miners. However, around 125,000 t iron ore deals were concluded in the Odisha region by the steelmakers this week.

Mill scale prices in Kandla decreased by INR 250/t to INR 6,550/t DAP Kandla on 29 June'24 against 26 June. 2,550 t deals of mill scale concluded at INR 6,400-6,700/t DAP Kandla.

ERW patra pipe (41-60 OD) prices showed mixed trends w-o-w in Raipur and Mandi Gobindgarh this week. Raipur saw a decrease in prices, while Mandi Gobindgarh showed slight improvement.

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