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Saturday

Iron Ore Pellets & Sponge Iron Traded on IME

On Saturday, May 20, 2023, the IME witnessed trade of 198,000 tonnes of iron ore pellets and 143,100 tonnes of sponge iron on its metals and minerals trading floor.
Iron Ore Pellets & Sponge Iron Traded on IME

According to a report by the IME's International Affairs and PR, the IME sold on the same floor 60,000 tonnes of CRS, 40,040 tonnes of HRS, 3,151 tonnes of I-beams, 2,000 tonnes of steel blooms, 1,300 tonnes of alloy rebars, 775 tonnes of U-channels and 270 tonnes of rebars.

IME's oil and petrochemical trading floor was the next which saw trade of 17,820 tonnes of chemicals, 10,000 tonnes of lube cut (heavy grade), 2,580 tonnes of polymeric products and 440 tonnes of bitumen.

Moreover, the IME sold 1,804 tonnes of cement in matching trading system.

Based on this report, the exchange saw trade of 400,000 tonnes of iron ore concentrate and 320 tonnes of polymeric MDI (PMDI) on its open auction trading floor.

It's worth noting as well that the IME's export ring saw trade of 23,075 tonnes of bitumen and 10,000 tonnes of steel blooms.

Last but not least was the IME's side market with 1,556 tonnes of coil rebars, 500 tonnes of alloy steel ingots, 500 tonnes of bituminous anodes (used in aluminum reduction industry), 440 tonnes of rebars (made of alloy steel) and 300 tonnes of phosphoric acid traded on it.

Author: IME International Affairs

ID: 50079866

Published on: Saturday, May 20, 2023 18:00

Source: IME PR

View count: 67

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