SteelMint Daily Trade Sheet - 12 Oct'21

Spot steel prices rose further on deepening coal crisis but trades slowed down with power cut news surfacing in few regions.

Global ferrous scrap prices continued to stay on uptrend with active buying seen from Turkey at elevated offers following which prices in South Asian countries also increased.

The below sheet summarises confirmed trades/offers of iron and steel products collected by SteelMint to enable our users acquaint themselves with day-to-day trade dynamics.