BigMint’s daily trade sheet – 25 July’26
BigMint’s Odisha iron ore fines (Fe 62%) index increased by INR 50/t w-o-w at INR 4,950/t ($52/t) ex-mines. BigMint recorded deals for around 562,000 t of iron ore outside of auctions, concluded by steelmakers via traders and miners.
OMC auctioned 0.883 mnt of iron ore lumps, with 0.727 mnt booked (82%), and 1.66 mnt of iron ore fines, with 1.524 mnt booked (92%), on 20 July. On a weighted average basis, bids for both lumps and fines remained stable m-o-m, with lumps attracting an average premium of INR 350/t and fines INR 100/t over the notified base prices.
The following sheet summarises confirmed trades /offers of iron and steel products collected by BigMint to help our users keep track of day-to-day trade dynamics.
