SteelMint’s weekly Odisha iron ore fines (Fe 62%) index has risen by INR 500/t to INR 3,900/t ex-mines on 26 November (including royalty, DMF and NMET). Majority of Odisha-based miners have raised their offers post-roll back of export duties.
SteelMint’s daily sponge iron, CDRI index, was assessed at INR 30,950/tonne (t) (+ INR 700) exw-Rourkela on 26 November, 2022. The index increased marginally on moderate demand and firm (higher) offers by manufacturers. About 2,300 t of transactions were recorded on 26 November as against 1,700 t on 25 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.
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