SteelMint’s domestic steel scrap (end-cutting) index fell by INR 600/tonne (t) to INR 45,000/t DAP Mandi Gobindgarh on 3 October, 2022. The index down due to need-based purchase activity.
SteelMint’s daily steel billet index was assessed at INR 48,300/tonne (t) (- INR 400), exw-Raipur, on 3 October, 2022. Spot billet trades in Raipur fell drastically to 850 t on 3 October, as against 2,050 t on 1 October. The index moved down due to weak buying interest amid festive holidays which restricted spot trades and led to the fall in prices.
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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