SteelMint’s bi-weekly domestic pellets (Fe 63%) index, PELLEX, stood at INR 7,800/tonne (t) DAP Raipur, stable on 11 November compared to the last assessment on 8 November, 2022. Around 5,000 t of deals were reported.
SteelMint’s daily sponge iron, CDRI index was assessed at INR 32,000/tonne (t) (- INR 250) exw-Rourkela on 11 November, 2022. Due to weak sentiment and ongoing slow trends in the spot market there were few buying enquiries for sponge iron, which caused the index to decline. About 1,100 t of transactions were recorded on 11 November as against 1,700 t on 10 November.
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.
Leave a Reply