SteelMint's Daily Trade Sheet - 25 Nov'23

SteelMint's weekly Odisha iron ore fines (Fe 62%) index increased marginally w-o-w by INR 100/t to INR 5,000/t ex-mines on 25 November, 2023.

SteelMint's assessment of Fe 63% iron ore concentrate prices stood at INR 5,200/t exw-Jabalpur, up INR 100/t as against the last assessment on 22 Nov'23.

Sponge iron prices in India declined by INR 50-300/tonne (t) in major markets due to limited trading. Only 4,340 tonnes (t) of sponge iron transactions were recorded on 25 November, a significant drop from 15,100 t on 24 November.

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.