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 July'24

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Pellets

BigMint Bureau

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10 Jul 2024, 11:13 IST

BigMint's bi-weekly domestic pellet (Fe63%) index dropped by INR 200/t to INR 9,350/t ($111/t) DAP Raipur on 9 July, 2024 compared to the last assessment on 5 July. Around 15,000 t of deals were concluded by producers in Raipur, Chhattisgarh at revised offers of INR 9,400/t ($112/t) DAP Raipur in this publishing window.

BigMint's domestic end-cutting scrap index for the Mandi Gobindgarh market remained stable at INR 37,500/t DAP on 9 July, 2024.

Prices of sponge iron in India declined by INR 50-750/t across regions. PDRI prices were assessed at INR 24,200-26,700/t and CDRI at INR 26,000-30,000/t. About 19,200 tonnes (t) of sponge iron transactions were recorded in the country on 9 July compared to 5,000 t on 8 July.

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