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 July'24

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Pellets

BigMint Bureau

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31 Jul 2024, 11:31 IST

BigMint's Daily Trade Sheet - 30 July'24

BigMint's bi-weekly domestic pellet (Fe63%) index increased by INR 200/t ($2.5/t) to INR 9,100/t ($111/t) DAP Raipur on 30 July, 2024 compared to the last assessment on 26 July.

BigMint's domestic end-cutting scrap index tracking the Mandi Gobindgarh market marginally fell by INR 100/tonne (t) to INR 37,700/t DAP on 24 July, 2024.

Sponge iron prices in India rose by INR 50-550/tonne (t) across markets. PDRI market prices closed at a range of INR 24,400-27,200/t and CDRI, at INR 26,850-30,500/t. About 8,800 t of sponge iron transactions were recorded in the country on 30 July compared to 7,700 t on 29 July.

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.