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 - 30 Apr'24

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Pellets

BigMint Bureau

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1 May 2024, 11:32 IST

BigMint's bi-weekly domestic pellet (Fe 63%) index increased by INR 200/t to INR 10,050/t ($120/t) DAP Raipur on 30 April, 2024 compared to the last assessment on 26 April. Around 45,000 t raw pellet (Fe 63/63.5%) deals were concluded in Raipur at INR 9,900-10,300/t ($119-123/t) DAP this week.

India's sponge iron market witnessed a rise in prices ranging from INR 250-750/t in all major locations. About 30,875 t of sponge iron transactions were recorded in the country on 30 April compared to 18,150 t on 29 April.

BigMint's domestic end-cutting scrap index in the Mandi Gobindgarh market increased by INR 500/tonne (t) to INR 40,900/t DAP on 30 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.