PELLEX, BigMint’s bi-weekly domestic pellet (Fe63%) index for Raipur, remained stable at INR 9,700/t ($108/t) DAP. Deals for around 25,000 t were concluded by Raipur-based sellers at INR 9,500-9,600/t ($105-106/t) exw.
BigMint’s Billet Index declined by INR 300/t d-o-d to INR 40,100/t exw-Raipur.
BigMint’s domestic end-cutting scrap index, tracking the Mandi Gobindgarh market, eased by INR 200/tonne (t) d-o-d to INR 37,600/t DAP.
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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