SteelMint's Daily Trade Sheet - 27 Dec'23

SteelMint's bi-weekly index for Fe 63% concentrate currently stands at INR 5,300/t ($64/t) exw, up by INR 50/t ($1/t) as against the prices seen on 23 December, 2023.

According to SteelMint's assessment on 27 December,2023, silico manganese prices in Raipur were at INR 64,600/t exw, down by INR 100/t w-o-w. Meanwhile, prices in Vizag were at INR 65,300/t exw, up INR 400/t. In Durgapur, producers' offers increased by INR 700/t to INR 65,000/t exw.

SteelMint's billet index increased by INR 150/t at INR 39,600/t on December 27, 2023. Transaction volumes were 2,000 t on 27 December, down from 1,700 t on 26 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.