SteelMint’s weekly Odisha iron ore fines (Fe 62%) index remained stable at INR 3,400/t ex-mines. Apart from purchases in auctions, no other deal was reported this week, as market participants did not show much interest in offers prevailing in the market, given the general decline in pellet and sponge iron offers.SteelMint’s daily sponge iron, CDRI, index was assessed at INR 35,100/tonne (t) (+ INR 100) exw-Rourkela on 3 September, 2022. About 1,620 t of transactions were recorded on 3 September as against 3,400 t on 2 September. Although the index edged up, spot trades declined and demand slowed down following increased offers.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.
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