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 - 8 Mar'24

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Pellets

BigMint Bureau

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9 Mar 2024, 12:28 IST

BigMint's bi-weekly domestic pellet (Fe 63%) index remained stable at INR 9,150/t DAP ($109/t) Raipur on 8 March 2024 compared to the last assessment on 5 March.

According to BigMint's report on 8 March, 2024, domestic end-cutting scrap prices in the Mandi Gobindgarh steel market rose by INR 100/t, reaching INR 37,800/t for plant delivery.

Sponge iron prices in almost all key Indian markets increased by INR 50-400/t on 8 March, 2024. PDRI market prices closed at a range of INR 25,200-27,500/t and CDRI prices, at INR 26,600-31,000/t. About 17,010 t of sponge iron transactions were recorded in the country on 8 March compared to 15,100 t on 7 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.