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 - 9 Apr'24

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Pellets

BigMint Bureau

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10 Apr 2024, 10:57 IST

BigMint's bi-weekly domestic pellet (Fe 63%) index remained stable at INR 9,600/t DAP ($115/t) Raipur on 9 April 2024 compared to the last assessment on 5 April. A deal for around 10,000 t of pellets (Fe 63.5%) was recorded at INR 9,850/t ($118/t) DAP Raipur in this publishing window.

BigMint's ferrous scrap index on 9 April showed a decline in domestic end-cutting scrap prices at Mandi Gobindgarh steel market, dropping by INR 600/t to INR 40,000/t for DAP (delivered at plant) basis.

BigMint's India HRC (SAE 1006) export index (for the Middle East and Vietnam) fell by $7/t w-o-w to $560/t against $567/t FOB east coast India.

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.