BigMint’s Odisha iron ore fines (Fe 62%) index remained stable w-o-w at INR 5,300/t ($62/t) ex-mines.
Mill scale prices in Raipur edged up by INR 100/t to INR 6,100/t exw. Around 2,500 t were traded at INR 6,200-6,250/t. Prices in Kandla remained stable at INR 7,250/t DAP. Deals for 5,000 t were heard at INR 7,000-7,300/t DAP. While domestic demand continues to be healthy, export volumes remain relatively subdued, limiting any upside in pricing.
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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