SteelMint’s bi-weekly domestic pellet (Fe 63%) index, PELLEX, stood at INR 8,300/tonne (t) DAP Raipur on 2 September, 2022 down by INR 100/t compared to the last assessment on 30 August, owing to reduced offers by Raipur pellet-makers. The index has fallen to a two-month low, as per data maintained with SteelMint.SteelMint’s daily steel billet index was assessed at INR 47,500/tonne (t) (+ INR 150/t) exw-Raipur on 2 September, 2022. About 2,400 t of transactions were recorded on 2 September as against 1,550 t on 1 September. Although the index moved up, spot trades remained low with only average trade volumes being recorded.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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