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 - 7 Aug'24

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Concentrates

BigMint Bureau

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8 Aug 2024, 11:47 IST

BigMint's weekly iron ore concentrate index stood at INR 4,000-4,100/t ($48-49/t) exw, stable against the last assessment on 3 August.

Sponge iron prices in India dropped by INR 50-100/tonne (t) across markets. PDRI market prices closed at the range of INR 23,200-26,500/t and CDRI prices at INR 25,750-30,000/t. About 9,475 t of sponge iron transactions were recorded in the country on 7 August compared to 3,900 t on 6 August.

BigMint's billet index inched up by INR 200/tonne (t) to INR 38,550/t exw-Raipur on 7 August, 2024.

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.