SteelMint Daily Trade Sheet – 01 Sept’22

SteelMint’s daily steel billet index was assessed at INR 47,350/tonne (t) (+ INR 50/t) exw-Raipur on 1 September, 2022.

SteelMint’s daily sponge iron, CDRI index was assessed at INR 35,000/tonne (t) (+ INR 200) exw-Rourkela on 1 September, 2022.

The index rose due to an improvement in steel prices in the northern region during the first half today. However, later on, especially with the decline in prices, demand from sponge-makers slowed down.

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.