SteelMint’s domestic steel scrap (end-cutting) index decreased by INR 500/tonne (t) to INR 43,400/t DAP Mandi Gobindgarh on 17 October, 2022. Steel ingots prices in Mandi saw a marginal correction of INR 400/t d-o-d
SteelMint’s daily steel billet index was assessed at INR 47,000/tonne (t) (- INR 250/t) exw-Raipur on 17 October, 2022. The index dropped further as billet offers decreased on account of limited demand in finished steel products. Spot billets deals of around 4,100 t were recorded on 17 October in Raipur as against 1,500 t on 15 October.
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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