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 Jun'24

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Pellets

BigMint Bureau

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8 Jun 2024, 11:40 IST

BigMint's bi-weekly domestic pellet (Fe63%) index fell by INR 400/tonne ($5/t) to INR 10,600/t ($127/t) DAP Raipur on 8 June, 2024 compared to the last assessment on 4 June. This publishing window recorded a deal of 2,000 t in the Raipur region.

BigMint's domestic end-cutting scrap index tracking the Mandi Gobindgarh market remained stable at INR 41,300/tonne (t) DAP on 7 June, 2024.

Sponge iron prices in almost all key locations in India decreased by INR 100-450/tonne (t) on 7 June, 2024. PDRI market prices closed at a range of INR 26,600-28,400/t and CDRI prices, at INR 28,800-34,700/t. About 41,740 tonnes (t) of sponge iron transactions were recorded in the country on 7 June compared to 11,850 t on 6 June.

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.