SteelMint Daily Trade Sheet - 13 Oct'23

SteelMint's bi-weekly domestic pellet (Fe 63%) index, PELLEX, fell by INR 100/t to INR 10,000/tonne (t) DAP Raipur on 13 October, 2023 compared to the last assessment on 10 October. Deals of 15,000 t were at INR 9,900-10,100/t DAP Raipur.

SteelMint's domestic steel scrap (end-cutting) index dipped INR 400/t d-o-d to INR 39,000/t DAP Mandi Gobindgarh on 13 October, 2023.

SteelMint's billet index fell by INR 200/tonne (t) d-o-d to INR 42,400/t exw-Raipur on 13 October, 2023. The index declined due to weak offers in the semi-finished steel market. Despite the decline in prices, buyers remained active in booking material. About 3,800 t of trade in billet was recorded on 13 October as against 1,650 t on 12 October.

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.