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 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.