SteelMint Daily Trade Sheet – 11 Feb’22

Leading Chinese steel mills, Baosteel and Shagang Steel, announced sharp hikes in prices by up to $55/t and $16/t, respectively.

Sponge iron and billet prices in India fell on limited trades and lower bids. Bids for imported scrap in the South Asian markets, too, edged down.

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.