SteelMint’s bi-weekly domestic pellet (Fe 63%) index, PELLEX, stood at INR 8,100/tonne (t) DAP Raipur on 27 September, 2022. Three deals were reported for 23,500 t in this publishing window but only one was taken into consideration.Confirmed deals of over 10,000 t of rebars were recorded in Jalna and Mumbai markets in Maharashtra. Buying interest remained strong even at high prices.SteelMint’s daily sponge iron, CDRI index, was assessed at INR 34,000/tonne (t) (+ INR 250) exw-Rourkela on 27 September, 2022. The index rose as a result of active buying triggered by a significant increase in steel prices in Punjab, north India. This pushed suppliers to offer higher prices.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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