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 - 15 Jun'23

SteelMint’s domestic steel scrap (end-cutting) index fell by INR 100/t d-o-d to INR 42,900/t DAP Mandi Gobindgarh on 15 June, 2023. SteelMint’s billet...

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BigMint Bureau

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16 Jun 2023, 10:47 IST

SteelMint's domestic steel scrap (end-cutting) index fell by INR 100/t d-o-d to INR 42,900/t DAP Mandi Gobindgarh on 15 June, 2023.

SteelMint's billet index dropped marginally by INR 100/tonne (t) to INR 44,000/t exw-Raipur on June 15, 2023. The index fell slightly due to moderate demand for semi-finished steel. Transactions of around 4,530 t were recorded on 15 June in Raipur as against 3,030 t on 14 June.

SteelMint's weekly India low-grade iron ore fines (Fe 57%) export index increased by $2/t w-o-w to $68/tonne (t) FOB east coast on 15 June, 2023.

Indian ferro chrome (HC60%) prices fell further this week by INR 2,500/t due to sluggish demand. According to SteelMint's assessment on 15 June, Indian ferro chrome prices were hovering at around INR 110,200/t exw-Jajpur.

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.