SteelMint’s daily steel billet index was assessed at INR 49,000/tonne (t) (- INR 450/t) exw-Raipur on 18 August, 2022. The index fell on account of lower bids following decline in finished steel prices.
SteelMint’s daily sponge iron, CDRI, index was assessed at INR 36,750/tonne (t) (- INR 250) exw Rourkela on 18 August, 2022.
Vietnamese integrated steel manufacturer Hoa Phat has lowered its monthly HRC (SAE1006, non-skinpassed) prices by $20/t for Oct’22 sales, sources informed SteelMint.
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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