BigMint’s weekly Odisha iron ore fines (Fe 62%) index increased by INR 350/t to INR 5,850/t ex-mines on 20 January, 2024.
Sponge iron prices in almost all key domestic markets dropped in the range of INR 50-300/tonne (t) on 20 January, 2024. Only 2,305 t of sponge iron transactions were recorded in the country on 20 January compared to 17,630 t on 19 January.
BigMint’s billet index fell by INR 100/t to INR 39,750/t exw-Raipur on 20 January, 2024. About 1,400 t of transactions were recorded on 20 January as against 1,300 t on 19 January.
The below sheet summarises confirmed trades/offers of iron and steel products collected by BigMint to help our users keep track of day-to-day trade dynamics.
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