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SteelMint Daily Trade Sheet - 7 Jun'23

SteelMint’s billet index inched up by INR 350/t to INR 44,150/tonne (t) exw-Raipur on 7 June, 2023. About 3,800 t of billets were recorded on 7 June as against ...

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8 Jun 2023, 10:49 IST
SteelMint Daily Trade Sheet - 7 Jun'23

SteelMint's billet index inched up by INR 350/t to INR 44,150/tonne (t) exw-Raipur on 7 June, 2023. About 3,800 t of billets were recorded on 7 June as against 8,440 t on 6 June.

Sponge iron prices rose further by INR 100-500/tonne (t) in key locations of India as suppliers quoted higher offers. About 15,850 tonnes of transactions were recorded on 7 June as against 33,500 t seen on 6 June.

SteelMint's India pellet (Fe 63%, 3% Al) export index FOB east coast rose by $12/t w-o-w to $106/tonne (t) on 7 June, 2023.

SteelMint's domestic steel scrap (end-cutting) index rose by INR 500/t d-o-d to INR 42,800/t DAP Mandi Gobindgarh on 7 June, 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.

 

8 Jun 2023, 10:49 IST

 

 

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