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 - 14 Apr'23

SteelMint’s bi-weekly domestic pellet (Fe 63%) index, PELLEX, inched down by INR 50/tonne (t) to INR 9,300/t DAP Raipur on 14 April 2023 compared to the previou...

Pellets

BigMint Bureau

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15 Apr 2023, 11:01 IST

SteelMint's bi-weekly domestic pellet (Fe 63%) index, PELLEX, inched down by INR 50/tonne (t) to INR 9,300/t DAP Raipur on 14 April 2023 compared to the previous assessment on 11 April. Fall in pellet offers resulted in improved trades. Market players are awaiting OMC's iron ore auction outcome scheduled next week.

SteelMint's domestic scrap (end-cutting) index rose by INR 100/t d-o-d to INR 43,500/tonne (t) DAP Mandi Gobindgarh on 14 April, 2023.The market witnessed improved demand for finished steel.

SteelMint billet index rose by INR 300/tonne (t) to INR 46,700/t exw-Raipur on 14 April, 2023. The billet index rose due to increased offers from manufacturers side, but improved sales of finished steel also aided the market. Around 4,050 t of billets were traded in Raipur on 14 April as against 3,300 t on 13 April.

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.