BigMint’s Odisha iron ore fines (Fe 62%) index rose by INR 200/t ($2.5/t) w-o-w to INR 5,200/tonne (t) ($60/t) ex-mines. Approximately 200,000 tonnes of iron ore deals were recorded in the Odisha region this week.
Mill scale prices remained firm across key Indian markets. In Kandla, prices inched up by INR 50/t to INR 6,950/t DAP, with approximately 16,300 t booked at INR 6,800–7,100/t DAP. In Raipur, prices held steady at INR 6,200/t exw, with 900 t traded in the INR 6,200–6,350/t exw range.
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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