BigMint’s weekly Odisha iron ore fines (Fe 62%) index decreased by INR 150/t ($1.8) w-o-w to INR 5,650/t ($68) ex-mines on 17 February 2024.
The domestic steel scrap index (end-cutting) in Mandi Gobindgarh, as reported by BigMint on 17 February 2024, recorded a rise of INR 300/t, settling at INR 37,100/t on a delivered-at-plant (DAP) basis.
BigMint’s billet index moved up by INR 200/t, reaching INR 39,250/t exw-Raipur on 17 February 2024. About 1,700 t deals were concluded on 17 February as against 1,500 t on 16 February.
The below sheet summarises confirmed trades/offers of iron and steel products collected by SteelMint to help our users keep track of day-to-day trade dynamics.
