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 Sep'24

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BigMint Bureau

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10 Sep 2024, 12:23 IST

BigMint's billet index dropped a further INR 100/t due to limited buying activity, reaching INR 37,700/tonne (t) exw-Raipur at close of trading on 9 September, 2024.

Indian sponge iron prices fell by INR 50-100/tonne (t) d-o-d today in major locations. PDRI prices were assessed at INR 23,400-26,000/t, while CDRI prices were reported to be at INR 25,950-29,800/t. Transactions of only 7,600 t of sponge iron were recorded in the country on 9 September, compared to 7,900 t on 6 September.

BigMint's domestic end-cutting scrap index, which tracks the Mandi Gobindgarh market, dipped by INR 200/tonne (t) to INR 36,800/t DAP on 9 September 2024.

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.