BigMint’s bi-weekly domestic pellet (Fe 63%) index remained stable at INR 9,200/t DAP ($109/t) Raipur on 29 March 2024 compared to the last assessment on 27 March. Only 4,000 t raw pellet (Fe 63%) deals were recorded at INR 9,250-9,350/t in this publishing window.
BigMint’s domestic steel scrap index in Mandi Gobindgarh recorded a decrease in prices for domestic end-cutting scrap. Prices declined by INR 100/t, reaching INR 37,300/t delivered at the plant.
BigMint’s billet index inched down by INR 150/t to INR 40,000/t exw Raipur on 29 March, 2024. Transactions recorded for on 29 March were 2,800 t against 1,200 t on 28 March.
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.
