BigMint’s billet index dropped INR 200/t to INR 39,250/t exw-Raipur on 5 February, 2024. About 1,950 t of transactions were recorded on 5 February as against 1,060 t on 3 February.
Sponge iron prices in India decreased by INR 50-350/t on 5 Feburary, 2024. About 14,600 t of sponge iron transactions were recorded in the country on 5 February compared to 14,050 t on 3 February.
BigMint’s index for domestic steel scrap (end-cutting) in Mandi Gobindgarh recorded a drop of INR 200/t on 5 February, 2024, reaching INR 37,200/t on a delivered-at-plant (DAP) basis.
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.
