Iron ore concentrate prices in Jabalpur, India, remained supported this week, with BigMint’s bi-weekly index assessed at INR 4,700/tonne (t) ($55/t) exw-Jabalpur, an increase of INR 50/t ($1/t).
BigMint’s domestic end-cutting scrap index, tracking the Mandi Gobindgarh market, held steady d-o-d at INR 38,100/tonne (t) DAP. Overall moderate demand was observed in the market during the trading session.
Sponge iron prices in India fell by INR 50-400/tonne (t) across markets today. PDRI prices closed at INR 24,800-27,700/t, while CDRI was at INR 27,550-31,700/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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