SteelMint Daily Trade Sheet - 15 Jul'22

Indian sponge iron and billet prices fell on limited inquiries.

SteelMint's bi-weekly domestic pellet (Fe 63%) index, PELLEX, stood at INR 8,800/tonne (t) DAP Raipur on 12 July 2022, stable compared to the last assessment on 12 July.

China's electric arc furnace (EAF) steelmaker Jiangsu Shagang Group's scrap purchase prices fell to almost a 2-year low since October 2020.

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