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SteelMint Daily Trade Sheet - 19 Nov'22

SteelMint’s weekly Odisha iron ore fines (Fe 62%) index has remained stable at INR 3,400/t ex-mines (including royalty, DMF and NMET). SteelMint’s dai...

Fines/Lumps
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21 Nov 2022, 10:48 IST
SteelMint Daily Trade Sheet - 19 Nov'22

SteelMint's weekly Odisha iron ore fines (Fe 62%) index has remained stable at INR 3,400/t ex-mines (including royalty, DMF and NMET).

SteelMint's daily steel billet index was assessed at INR 44,000/tonne (t) (+ INR 4,100/t) exw-Raipur on 19 November, 2022. The index jumped by over 10% following the removal of export duties on steel and key raw materials for steelmaking.

SteelMint's daily sponge iron, CDRI, index was assessed at INR 32,500/tonne (t) (+ INR 3,100) exw-Rourkela on 19 November, 2022. About 3,700 t of transactions were recorded on 19 November as against 1,200 t on 18 November.

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.


 

21 Nov 2022, 10:48 IST

 

 

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