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 - 25 May'23

SteelMint’s weekly India low-grade iron ore fines (Fe 57%) export index decreased by $8/t w-o-w to $57/tonne (t) FOB east coast on 25 May, 2023. Sponge iron pri...

Sponge Iron

BigMint Bureau

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26 May 2023, 10:54 IST

SteelMint's weekly India low-grade iron ore fines (Fe 57%) export index decreased by $8/t w-o-w to $57/tonne (t) FOB east coast on 25 May, 2023.

Sponge iron prices in the domestic market have increased in certain key locations in the range of INR 50-350/t. Trade volumes recorded 12,690 t on 25 May compared to 18,740 t recorded yesterday.

SteelMint's daily steel billet index was assessed at INR 44,000/tonne (t) exw-Raipur on May 25, 2023, up INR 250/t d-o-d. Around 3,410 t of deals were recorded in Raipur on 25 May compared to 6,980 t on 24 May.

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.