BigMint's Daily Trade Sheet - 11 May'24
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ERW patra pipe (41-60 OD) prices edged down w-o-w in both Raipur and Mandi Gobindgarh amid slowdown in demand in both markets due to which a decline in trading activities were seen in these markets compared to the previous week.
BigMint's price assessment for Fe 63% iron ore concentrate stands at INR 4,500/t ($54/t) exw-Jabalpur, stable as against the last assessment on 8 May'24. Around 10,000 t of deal was reported in this publishing window.
BigMint's weekly Odisha iron ore fines (Fe 62%) index remained stable at INR 5,000/t ($60/t) ex-mines on 11 May, 2024. No deals of Fe 62% grade fines from merchant miners were recorded this week.
The below sheet summarizes confirmed trades/offers of iron and steel products collected by SteelMint to help our users keep track of day-to-day trade dynamics.



