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 Jan'23

SteelMint’s bi-weekly domestic pellets (Fe 63%) index, PELLEX, stood at INR 9,650/tonne (t) DAP Raipur, stable on 3 January compared to the last assessment on 3...

Pellets

BigMint Bureau

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4 Jan 2023, 10:45 IST

SteelMint's bi-weekly domestic pellets (Fe 63%) index, PELLEX, stood at INR 9,650/tonne (t) DAP Raipur, stable on 3 January compared to the last assessment on 30 December, 2022. Around 6,000 t of deals were reported.

SteelMint's India HRC (SAE1006) export index stands largely unchanged at $600/t FoB east coast, as against $597/t a week back, as overseas markets have not resumed activities fully post the festive holidays.

SteelMint's daily steel billet index has decreased to INR 47,500/tonne (t) (- INR 150 d-o-d) exw-Raipur on 3 January, 2023. The index came down amid limited trading activities and weak demand in semis and finished steel segments. Billets transactions of around 1,300 t were recorded on 3 January in Raipur as against 4,750 t as reported on 2 January.

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.