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SteelMint Daily Trade Sheet - 30 May'23

SteelMint’s bi-weekly domestic pellet (Fe 63%) index, PELLEX, remained stable at INR 9,150/t DAP Raipur on 30 May, 2023 as compared to the previous assessment o...

Pellets

BigMint Bureau

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31 May 2023, 11:30 IST

SteelMint's bi-weekly domestic pellet (Fe 63%) index, PELLEX, remained stable at INR 9,150/t DAP Raipur on 30 May, 2023 as compared to the previous assessment on 26 May. A deal of 4,000 tonnes (t) of pellets was recorded at INR 9,150/t DAP Raipur.

SteelMint's billet index inched down further by INR 50/tonne (t) on May 30, 2023, to INR 43,250/t exw-Raipur. Trade volumes declined slightly d-o-d, because of slow finished steel demand and offtake. Thus, transactions of around 1,260 t were recorded on 30 May in Raipur as against 2,350 t on 29 May.

SteelMint's India HRC (SAE1006) export index fell by $16/tonne (t) w-o-w to $570/t FOB east coast India against $586/t FOB seen in the previous week.

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.