BigMint’s billet index inched down to INR 43,550/t exw Raipur as on 22, 2024. The total trade volume on 22 April stood at approximately 2,450 t, up from 1,200 t on 19 April.
BigMint’s domestic end-cutting scrap index in the Mandi Gobindgarh market fell by INR 800/t to INR 41,000/t DAP on 22 April’24.
Sponge iron prices in India witnessed a significant decline, with prices dropping between INR 100-850/t. Around 3,400 t of sponge iron deals were recorded in the country on 22 April compared to 2,550 t on 19 April.
The below sheet summarizes confirmed trades/offers of iron and steel products collected by SteelMint to help our users keep track of day-to-day trade dynamics.
