SteelMint Daily Trade Sheet - 30 Dec'22

SteelMint's bi-weekly domestic pellets (Fe 63%) index, PELLEX, stood at INR 9,650/tonne (t), up by INR 350/t on 30 December compared to the last assessment on 27 December, 2022. Around 35,000 t of deals were reported.

SteelMint's domestic steel scrap (end-cutting) index rose INR 600/tonne (t) to INR 44,900/t DAP Mandi Gobindgarh on 30 December, 2022.

Steel billet prices has shown upward trend and prices of INR 46,500/tonne (t) (+INR 350) were recorded d-o-d exw-Raipur on 30 December, 2022. The index has risen due to strong buying at higher levels. Trade in semi-finished and finished steel has supported higher prices. Billet transactions of around 2,850 t were recorded on 30 December in Raipur as against 100 t on 29 December.

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.