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.

Go to List

SteelMint Daily Trade Sheet - 19 Jul'23

SteelMint’s bi-weekly domestic pellet (Fe 63%) index, PELLEX, decreased marginally by INR 50/tonne (t) w-o-w to INR 8,950/t DAP Raipur on 18 July, 2023 as compa...

Pellets

BigMint Bureau

231 Reads

19 Jul 2023, 11:11 IST

SteelMint's bi-weekly domestic pellet (Fe 63%) index, PELLEX, decreased marginally by INR 50/tonne (t) w-o-w to INR 8,950/t DAP Raipur on 18 July, 2023 as compared to the last assessment on 14 July. Deals of around 5,000 t were recorded at INR 8,950/t (Fe 63%) DAP in this publishing window.

SteelMint's India HRC (SAE1006) export index remained stable w-o-w at $570-575/tonne (t) FOB east coast India. "Indian mills seem to be holding export offers due to maintenance shutdown, which is impacting export allocations," a source informed. Meanwhile, no offers were heard from India to Vietnam.

SteelMint's domestic steel scrap (end-cutting) index remained stable at INR 40,300/tonne (t) DAP Mandi Gobindgarh on 18 July, 2023.

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.