SteelMint Daily Trade Sheet - 13 May'23

SteelMint's weekly Odisha iron ore fines (Fe 62%) index stood at INR 5,600/t ex-mines on 13 May, unchanged as compared to the last assessment on 6 May.

SteelMint's domestic steel scrap (end-cutting) index inched up by INR 100/t d-o-d to INR 42,200/t DAP Mandi Gobindgarh on 13 May, 2023. The index was supported by moderate demand for semi-finished steel.

SteelMint's billet index inched down by INR 50/t to INR 44,300/tonne (t) exw-Raipur on May 13, 2023. The index slipped on slow demand for semi-finished and finished steel. Limited buying activity and a general downward trend in the market led to sentiments remaining weak. Transactions of around 1,400 t were recorded on 13 May in Raipur as against 4,250 t on 12 May.

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.