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 Oct'24

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BigMint Bureau

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8 Oct 2024, 15:37 IST

BigMint's billet index declined marginally by INR 150/tonne (t) d-o-d today, settling at INR 41,950/t exw-Raipur on 7 October 2024. Deals of around 1,000 t were recorded as against 1,300 t on 4 October.

BigMint's domestic end-cutting scrap index, tracking the Mandi Gobindgarh market, remained stable at INR 38,900/tonne (t) DAP on 7 October 2024.

The daily assessed Indian sponge iron market showed mixed trends, with prices increasing in Ramgarh, Bellary and Hyderabad by INR 50-100/t but dropping by INR 150-400/t in other locations. PDRI prices at close of trading today were assessed at INR 27,400-28,900/t and CDRI prices at INR 28,850-33,300/t.

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.