BigMint’s daily trade sheet – 22 Nov’24

BigMint’s bi-weekly domestic pellet (Fe63%) index decreased by INR 350/tonne ($4/t) to INR 9,350/t ($110/t) DAP Raipur on 22 November 2024 compared to the previous assessment on 19 November.

The daily assessed billet index fell slightly by INR 150/tonne (t) today, reaching INR 39,400/t exw Raipur on 22 November, 2024.

The daily assessed Indian sponge iron prices rose by INR 50-150/tonne (t) d-o-d across markets on 22 November, except in the Raigarh region, where prices decreased by INR 200/t. PDRI prices were assessed at around INR 24,100-26,400/t at close of trading, while CDRI prices stood at INR 26,550-31,500/t.

The following 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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