SteelMint's Daily Trade Sheet - 14 Dec'23

Indian sponge iron prices recorded a marginal increase in the range of INR 100-400/t in major locations on 14 December, 2023. About 11,800 tonnes (t) of transactions in sponge iron were recorded on 14 December as against 10,610 t on 13 December.

SteelMint's bi-weekly index for Fe 63% concentrate remains at INR 5,200/tonne (ex-works), unchanged from 9 December, 2023.

SteelMint's billet index moved upward by INR 200/tonne (t) to INR 40,900/t exw-Raipur on 14 December, 2023. About 4,600 t of billet deals were concluded on 14 December compared to 1,600 t on 13 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.