SteelMint Daily Trade Sheet - 30 Sep'22
SteelMint’s bi-weekly domestic pellet (Fe 63%) index, PELLEX, stood at INR 8,400/tonne (t) up by another INR 300/t compared to the last assessment on 27 Septemb...
SteelMint's bi-weekly domestic pellet (Fe 63%) index, PELLEX, stood at INR 8,400/tonne (t) up by another INR 300/t compared to the last assessment on 27 September, 2022. Decent deals were concluded at around 64,000 t in this publishing window.
SAIL-Rourkela Steel Plant held an auction for 1,000 t of steel grade pig iron on 30 Sep'22. The entire quantity was booked at an average price of INR 43,695/t exw. SteelMint's daily sponge iron, CDRI, index was assessed at INR 34,000/tonne (t) (+ INR 200) exw-Rourkela on 30 September, 2022. Prices increased as buying conditions improved due to an increase in steel prices in the northern region. Buyers began to take positions after taking different concerns into account. 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.