The domestic steel scrap (end-cutting) index improved by INR 100/t to INR 45,500/t DAP Mandi Gobindgarh on 10 October, 2022 as the market fluctuated in the range of INR 200/tonne.
SteelMint’s daily steel billet index was assessed at INR 48,600/tonne (t) (- INR 250/t) exw-Raipur on 10 October, 2022. The index moved down on account of lower bids following dull finished steel sales. This led to a fall in billet offers. SteelMint recorded about 3,700 t of trades on 10 October as against 2,100 t on 8 October.
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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