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 Mar'24

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Fines/Lumps

BigMint Bureau

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11 Mar 2024, 11:39 IST

BigMint's weekly Odisha iron ore fines (Fe 62%) index decreased by INR 150/t ($2) w-o-w to INR 5,100/t ($62) ex-mines on 9 March 2024. A deal of 25,000 t higher grade fines from merchant miners was heard in this publishing window.

Domestic end-cutting scrap prices in the Mandi Gobindgarh steel market showed an upswing on 9 March, 2024. Prices climbed up slightly by INR 100/t to INR 37,900/t DAP.

On 9 March, 2024, BigMint's billet index rose by INR 200/t, reaching INR 40,400/t exw-Raipur. Transaction volumes totalled 2,050 t on 9 March slightly lower than the 2,200 t on 8 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.