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SteelMint Daily Trade Sheet - 3 Aug'23

Indian sponge iron prices rose further on 3 August, 2023. Prices increased by INR 150-800/t in key markets.About 11,170 tonnes (t) of sponge iron transactions were record...

Sponge Iron
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4 Aug 2023, 10:36 IST
SteelMint Daily Trade Sheet - 3 Aug'23

Indian sponge iron prices rose further on 3 August, 2023. Prices increased by INR 150-800/t in key markets.About 11,170 tonnes (t) of sponge iron transactions were recorded in the country today compared to 26,670 t on 2 August.

SteelMint's assessment on 3 August, Indian ferro chrome (HC60%, Si:4%) prices stood at INR 104,000/t exw-Jajpur. Around 4,000 t of deals were concluded in the price range of INR 103,000-106,000/t.

SteelMint's weekly India low-grade iron ore fines (Fe 57%) export index decreased by $5/t w-o-w to $60/t FOB east coast, as assessed on 3 August 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.


4 Aug 2023, 10:36 IST

 

 

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