BigMint's daily trade sheet - 4 Sep'24

BigMint's weekly iron ore concentrate index was assessed at around INR 3,850/tonne ($46/t) ex-works, unchanged from the previous assessment on 31 August, 2024.

BigMint's domestic end-cutting scrap index tracking the Mandi Gobindgarh market rose by INR 100/t to INR 37,000/t DAP on 4 September.

BigMint's billet index climbed further by INR 150/tonne (t) d-o-d, settling at INR 38,200/t exw-Raipur on 4 September 2024.Transactions of approximately 3,800 t were recorded 4 September, compared to 2,500 t on 3 September.

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