SteelMint’s bi-weekly domestic pellet (Fe 63%) index, PELLEX, stood at INR 8,750/tonne (t), stable compared to the last assessment on 22 November, 2022.
KIOCL has recently informed that the company’s pellets plant operations in Mangalore resumed from 24 Nov’22.
SteelMint’s daily sponge iron, CDRI, index was assessed at INR 30,250/tonne (t) (- INR 300) exw-Rourkela on 25 November, 2022. About 1,700 t of transactions were recorded on 25 November as against 700 t on 24 November.
Indian ferro silicon prices remained stable w-o-w amidst moderate supply-demand conditions. According to SteelMint’s assessment on 25 November, Guwahati-based producers were offering at around INR 122,000 – 123,000/t exw while Bhutan’s offers were almost stable at INR 125,000/t exw.
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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