SteelMint’s bi-weekly domestic pellet (Fe 63%) index, PELLEX, stood at INR 8,300/tonne (t) on 4 October, down by INR 100/t compared to the last assessment on 1 October, 2022. Around 24,000 t of deals were concluded in this publishing window and all were taken into consideration.
SteelMint’s daily steel billet index was assessed at INR 48,350/tonne (t) (+ INR 50) exw-Raipur on 4 October, 2022. SteelMint recorded a total of 2,700 t of billets deals in Raipur on 4 October as against 850 t on 3 October. The index rose on active buying interest, which influenced suppliers to keep prices firm and despite festive mood trades were active in the spot market.
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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