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 - 5 Oct'23

SteelMint’s domestic steel scrap (end-cutting) rose by INR 400/t d-o-d to INR 40,400/t DAP Mandi Gobindgarh on 5 Oct, 2023. SteelMint’s billet index r...

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BigMint Bureau

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6 Oct 2023, 10:50 IST

SteelMint's domestic steel scrap (end-cutting) rose by INR 400/t d-o-d to INR 40,400/t DAP Mandi Gobindgarh on 5 Oct, 2023.

SteelMint's billet index rose by INR 500 per tonne (t) on 05 October, 2023, reaching INR 44,000/t exw-Raipur. The ongoing rise in the billet index, propelled by higher supply from sellers and boosted by robust bookings in the finished steel sector. Approximately 4,800 t of billet deals were concluded on 5 October, against 3,150 t of deals concluded on 4 October.

SteelMint's weekly Indian low-grade iron ore fines (Fe 57%) export index remained stable w-o-w at $66/t FOB east coast on 5 October, 2023.

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.