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's Daily Trade Sheet - 16 Nov'23

Indian sponge iron prices rose significantly on 16 November, 2023. Prices in some key regions increased by INR 50-200/t. About 12,750 tonnes (t) of sponge iron transactio...

Sponge Iron

BigMint Bureau

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17 Nov 2023, 11:14 IST

SteelMint's Daily Trade Sheet - 16 Nov'23

Indian sponge iron prices rose significantly on 16 November, 2023. Prices in some key regions increased by INR 50-200/t. About 12,750 tonnes (t) of sponge iron transactions were recorded in the country on 16 November compared to 16,520 on 15 November.

SteelMint's weekly Indian low-grade iron ore fines (Fe 57%) export index increased by $3/tonne (t) w-o-w to $86/t FOB east coast on 16 November, 2023.

On 16 November, 2023, SteelMint's domestic steel scrap (end-cutting) index stayed unchanged d-o-d at INR 38,300/t DAP Mandi Gobindgarh. .

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.