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 Mar'24

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Fines/Lumps

BigMint Bureau

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8 Mar 2024, 11:26 IST

Domestic low-grade iron ore fines (Fe 57%) prices witnessed an increase this week in Karnataka's Bellary. BigMint's weekly index for low-grade iron ore fines (Fe 57%) stood at INR 3,500/t ($42/t) ex-mines Bellary (excluding royalty, DMF and NMET), a w-o-w increase of INR 100/t ($1/t).

BigMint's domestic scrap (end-cutting) index remained steady at INR 37,700/t DAP Mandi Gobindgarh on 7 March, 2024.

BigMint's billet index increased by INR 100/t to INR 40,000/t exw-Raipur on 7 March, 2024. About 2,900 t of transactions were recorded on 7 March as against 1,850 t on 6 March.

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