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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SteelMint Daily Trade Sheet - 12 Jul'23

SteelMint’s index for Fe 63% concentrate currently stands at INR 3,900/tonne (t) exw, down by INR 100/t exw as against the last assessment on 8 July. The index ...

Concentrates

BigMint Bureau

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13 Jul 2023, 10:36 IST

SteelMint's index for Fe 63% concentrate currently stands at INR 3,900/tonne (t) exw, down by INR 100/t exw as against the last assessment on 8 July. The index has fallen to over six months' low, as these levels were last seen in end-December, 2022, as per SteelMint's records.

Sponge iron prices in India increased by INR 50-250/tonne (t) in some key markets amid rising steel prices on 12 July, 2023. About 21,150 tonnes (t) of sponge iron transactions were recorded on 12 July in the country as against 13,460 t on 11 July.

SteelMint's India pellet (Fe 63%, 3% Al) export index FOB east coast inched down by $1/t w-o-w to $107/t on 12 July, 2023.

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.