SteelMint Daily Trade Sheet - 26 Jul'23

SteelMint's index for Fe 63% concentrate stands at around INR 3,800/tonne (t) exw, stable as against the last assessment on 22 July.

India's sponge iron prices have experienced a rise in the range of INR 50-350/t due to moderate spot trading, with approximately 14,540 tonnes transacted on 26 July, 2023 as against 12,250 t recorded on 25 July.

SteelMint's billet index inched up by INR 150/tonne (t) d-o-d to INR 40,300/t exw-Raipur on 26 July, 2023. Transactions for 2,900 t were registered on 26 July, compared to 7,050 t on 25 July.

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.