BigMint’s concentrate index (Fe63% concentrate) currently stands at INR 4,450/t ($53/t) exw, stable as against the last assessment on 27 April’24.
The domestic silico manganese market has experienced a dramatic price surge this week. Prices have jumped a significant INR 13,700/t ($164/t) w-o-w compared to last week (ending 23 April, 2024).
BigMint’s billet index edged upward, witnessing an increase of INR 550/t d-o-d, settling at INR 44,300/t exw-Raipur on 1 May, 2024. Deals were approximately 1,650 t on 1 May, down from 3,550 t on 30 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.
