SteelMint’s bi-weekly domestic pellet (Fe 63%) index, PELLEX, stood at INR 8,700/tonne (t) DAP Raipur on 26 July, 2022, down by INR 100/t compared to the last assessment on 22 July.
SteelMint’s daily steel billet index is assessed at INR 48,600/tonne (t) (+ INR 1,050) exw-Raipur on 26 July, 2022. The index increased on active demand for finished steel products since yesterday as sufficient trades were recorded by the mills.
Turkiye’s imported scrap prices fell by $10/t in a recent deal concluded from USA.
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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