SteelMint’s bi-weekly domestic pellet (Fe 63%) index, PELLEX, stood at INR 8,800/tonne (t) DAP Raipur on 22 July 2022, down INR 100/t compared to the last assessment on 19 July. SteelMint’s daily steel billet index is assessed at INR 47,450/tonne (t) (+ INR 150) exw-Raipur on 22 July, 2022.
Japan’s ferrous scrap export trades are yet to improve despite offers falling to around one-year low. Buyers in overseas markets are waiting for clear market direction.
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.
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