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 - 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

BigMint Bureau

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4 Aug 2023, 10:36 IST

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.