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 - 16 Jan'23

SteelMint’s domestic steel scrap (end-cutting) index remained stable d-o-d at INR 44,500/t DAP Mandi Gobindgarh on 16 January, 2023. The index remained stable w...

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BigMint Bureau

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17 Jan 2023, 11:17 IST

SteelMint's domestic steel scrap (end-cutting) index remained stable d-o-d at INR 44,500/t DAP Mandi Gobindgarh on 16 January, 2023. The index remained stable with the market showing a slowdown in trade activities today.

SteelMint's billet index inched up to INR 48,550/tonne (t) (+INR 50) exw-Raipur on 16 January, 2023. Billets prices increased on higher offers by sellers but trading activity remained weak as there was a low acceptance of high prices. Trades in semi-finished and finished long steel also remained limited. Transactions of around 1,250 t were recorded on 16 January in Raipur as against 2,570 t as reported on 14 January.

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.