Post on 08-Nov-2021
DAILY STEEL REPORT Issue 3169, Saturday, 26 Jun 2021
SE Asia: Billet import prices decline in recent dealsJun 25, 2021
19:54
South East Asia’s imported billets prices witnessed a decline inrecent deals concluded from Vietnam. A leading Vietnamese steelmill reportedly sold around 30,000-40,000 tonnes (t) of billets(modified 5SP grade) to the Philippines at around
$680/t, CFR. The shipment is likely to be scheduled for Aug’21.Some offers for blast furnace (BF) route billets are heard ataround $685-690/t, CFR Manila, a trader informed. SteelMint’s bi-weekly assessments of imported billet offers
Continued
Snap Shot - Global Prices (USD/MT)COMMODITY PARTICULAR SIZE,GRADE AS ON PRICE CHANGE 1M 3M
Iron Ore Fines 1 China Imports Fines, Fe 61.5% 25 Jun | 10.39 IST $210 - 2 + 27 + 48
Iron Ore Lumps 1 Indian Imports Lumps, Fe 64% 25 Jun | 18.06 IST $245 - 25 + 20 + 44
Pellets ( Brazil ) 2 China Imports 6-20 mm, Fe 65% 23 Jun | 18.27 IST $310 + 8 + 8 + 63
Pellets ( India ) 2 China Imports 6-20 mm, Fe 64% 23 Jun | 18.27 IST $249 - 4 + 11 + 42
Coking 2 Australia Exports Premium HCC 25 Jun | 16.38 IST $184 + 6 + 39.88 + 72
Met Coke 2 India Imports 64% CSR, China-origin 25 Jun | 16.41 IST $428 + 1 + 6 + 18
Non Coking 2 India Imports RB2 , South Africa origin 25 Jun | 15.45 IST $107.8 0 + 9.98 + 10.03
Graphite Electrode 2 China Exports 600mm, UHP 15 May | 15.29 IST 25,000RMB/t 0 + 2,000 + 5,500
Scrap 2 India Imports Shredded 25 Jun | 17.57 IST $535 + 5 + 21.17 + 94
Scrap 2 Turkey Imports HMS 1&2 24 Jun | 18.54 IST $499 - 1 - 9.33 + 70.67
Scrap 2 Pakistan Imports Shredded 24 Jun | 18.17 IST $530 - 3 + 17.83 + 82
Scrap 2 Bangladesh Imports Shredded 23 Jun | 17.33 IST $548 - 5 + 6 + 79.67
Scrap ( Ship Breaking ) 2 India Imports Containers 12 Jun | 16.38 IST $520 0 + 10 + 60
Billet 2 India Exports 150*150, 3SP/4SP 25 Jun | 18.43 IST $595 - 13 - 23 + 41
Billet 2 China Exports - - - -
Billet 2 Russia Exports 130*130, 3SP 25 Jun | 18.43 IST $640 - 3 - 32.5 + 68.5
Billet 2 Iran Exports 130*130, 3SP 25 Jun | 18.43 IST $630 - 3 - 16.5 + 71
Sponge Iron 2 India Exports Lumps, FeM 80 24 Jun | 16.50 IST $480 - 15 + 17 + 35
Pig Iron 2 India Exports Steel Grade 19 Jun | 15.46 IST $560 - 5 - 10 + 50
Pig Iron 2 Russia Exports Steel Grade 19 Jun | 15.46 IST $630 0 - 5 + 105
HRC 2 China Exports 3-12mm, SS400 22 Jun | 20.01 IST $943 - 2 - 42 + 113
HRC 2 India Exports 2.5 mm, SAE1006 22 Jun | 18.15 IST $990 - 5 - 54 + 163
HRC 2 South Korea Exports 1.6-2.5mm, SAE 1006 22 Jun | 18.15 IST $1,105 + 50 + 50 + 267
HRC ( China ) 2 Vietnam Imports 2-3mm, SAE 1006 22 Jun | 18.28 IST $985 0 - 50 + 170
CRC 2 India Exports 0.9 mm, IS 513 Gr.O 23 Jun | 17.18 IST $1,395 0 + 40 + 400
CRC 2 China Exports 0.90mm, SPCC 23 Jun | 17.18 IST $995 0 + 110 + 175
HR Plate2 China Exports 5-10mm, SS 400 23 Jun | 17.12 IST $890 - 25 - 30 + 145
GP 2 China ExportsDX51D+z80, Width 1,000-1,500 mm, thickness 0.5-2mm
24 Jun | 19.46 IST $1,000 + 25 + 40 + 135
Silico Manganese 2 India Exports 65-16 25 Jun | 19.00 IST $1,540 + 10 + 190 + 240
Ferro Chrome 2 China Import 10-150mm, HC 60% 23 Jun | 18.57 IST ¢93/lb 0 + 6 - 11
Manganese Ore 2 India Imports Lumps, Mn 37% 19 Jun | 12.01 IST $4.85/dmtu 0 + 0.2 0
Ferro Manganese 2 India Exports HC 75% 25 Jun | 19.06 IST $1,465 0 + 140 + 265
Ferro Silicon 2 Bhutan Exports 70% 24 Jun | 19.05 IST $1,780 0 + 180 + 3301-Daily Assessment, 2-Weekly Assessment, 3-Monthly Assessment, W-O-W:Week On Week, 1M: Change over last month, 3M: Change over last 3 months
Copyright@ 2009-2021 www.steelmint.com info@steelmint.com +91 9770056666
DAILY STEEL REPORT Issue 3169, Saturday, 26 Jun 2021
SE Asia: Billet import prices decline in recent deals
South East Asia’s imported billets prices witnessed a decline in recent deals concludedfrom Vietnam. A leading Vietnamese steel mill reportedly sold around 30,000-40,000tonnes ...
ON: 2021-06-25 Category: Semi Finished Read More
Japan: South Korean mills raise bid for scrap, domestic prices follow suit
Japanese scrap export offers moved up in a recent deal concluded by a leading SouthKorean steel mill, Hyundai Steel. The steel major raised bids for the H1 and H2 gradeferrous scrap ...
ON: 2021-06-25 Category: Scrap & Metallics Read More
Tight iron ore supply in China to ease gradually - Mysteel
The tight availability of domestic and imported iron ore in the Chinese market currentlywill gradually ease during the coming July-December half as the growth in supply isforecast to...
ON: 2021-06-25 Category: Iron Ore Read More
China's retail steel stocks up further by 1.7% w-o-w
The stocks of finished steel products held by trading houses across China grew for thesecond week over June 18-24, rising by 1.7% on week, according to Mysteel's latest stockssurvey,...
ON: 2021-06-25 Category: Finish Flat Read More
more news
Copyright@ 2009-2021 www.steelmint.com info@steelmint.com +91 9770056666
DAILY STEEL REPORT Issue 3169, Saturday, 26 Jun 2021
India: Imported scrap market quiet on bid-offer disparitiesJun 25, 2021
19:32
Indian mills stayed away from bookings because of disparities inbids and offer following falling steel margins on subdueddomestic demand. Market insiders kept their eyes on domesticraw material substitutes. Moreover, the finished steel market
remained slow amidst the monsoon. Steel mills have alreadystocked up inventory. Fresh shredded offers were heard at $530-540/t CFR. However, no interest has been heard above $520/tfrom buyers. Induction furnaces are not interested in shredded
Continued
Snap Shot - Indian Domestic Prices (INR/MT)COMMODITY PARTICULAR SIZE,GRADE AS ON PRICE CHANGE 1M 3M
Fines/lumps 2 Iron Ore Index 5-18 mm, Fe 63%, DRGrade 19 Jun | 16.56 IST 14,350 0 + 2,100 + 6,150
Fines/lumps 2 Iron Ore Index 0-10 mm, Fe 63% 19 Jun | 16.56 IST 9,950 + 500 + 250 + 4,475
Iron Ore 3 NMDC 6-40 mm, Fe 65.5% 07 Jun | 11.20 IST 7,650 0 0 + 2,425
Iron Ore 3 NMDC 0 -10 mm, Fe 64% 07 Jun | 11.20 IST 6,560 0 0 + 2,300
Pellets 2 Raipur 6-20 mm, Fe 63% 25 Jun | 18.20 IST 16,000 0 0 + 2,900
Pellets 2 Bellary 6-20 mm, Fe 63% 25 Jun | 18.20 IST 12,900 - 150 + 150 + 1,250
Coal 2 Ex-India (East) 25-90 MM, Met Coke, BlastFurnace 23 Jun | 17.21 IST 27,500 - 1,000 0 - 2,500
Graphite Electrode 3 Ex-India 600mm, UHP 25 Jun | 11.03 IST 345,000 + 40,000 + 40,000 + 88,333
Mill Scale 2 FoR-Kandla Fines, Fe 70/68% 19 Jun | 16.23 IST 7,500 + 400 + 1,100 + 2,050
Scrap 1 Ex-Mumbai HMS 25 Jun | 17.12 IST 33,900 - 100 - 300 + 2,300
Scrap 1 Ex-Alang HMS 25 Jun | 17.12 IST 35,800 - 800 + 300 + 3,300
Pig Iron 1 Ex-Ludhiana, Foundary Foundry Grade 25 Jun | 13.58 IST 43,800 - 100 + 300 - 600
Sponge Iron 1 Ex-Raipur Mix , FeM 80%, +/-1 25 Jun | 17.18 IST 31,300 - 200 + 800 + 500
Sponge Pellet 1 Ex-Raipur Lumps, FeM 80%, +/-1 25 Jun | 17.16 IST 30,000 - 300 + 1,000 0
Billet 1 Ex-Mumbai 100x100mm, IS 2831 25 Jun | 18.17 IST 42,100 + 100 - 300 - 1,100
Billet 1 Ex-Raipur 100x100mm, IS 2831 25 Jun | 18.17 IST 41,500 - 100 + 200 - 400
TMT (Re-Bar) Secondarymills 1 Ex-Mumbai 12-25mm, Induction Grade,
IS 1786- 500 Fe 25 Jun | 16.53 IST 45,400 - 100 - 2,200 - 2,400
TMT (Re-Bar) Secondarymills 1 Ex-Delhi/NCR 12-25mm, Induction Grade,
IS 1786- 500 Fe 25 Jun | 16.53 IST 47,000 - 500 - 600 + 700
Structure 1 Ex-Mumbai 40*40 Angle, CommercialGrade 25 Jun | 10.26 IST 47,900 0 - 1,600 + 900
Wire Rod 1 Ex-Raipur 5.5 mm, Wire Rod,Induction grade 25 Jun | 15.58 IST 44,900 - 100 - 300 - 900
HRC 2 Ex-Delhi 2.5-8mm, IS2062 23 Jun | 19.38 IST 64,000 - 1,250 - 1,250 + 7,375
HRC 2 Ex-Mumbai 2.5-8mm, IS2062 23 Jun | 19.38 IST 66,500 - 1,000 + 1,417 + 7,833
CRC 2 Ex-Delhi 0.90mm, IS 513 Gr O 23 Jun | 20.13 IST 77,800 - 1,200 - 3,200 + 11,550
CRC 2 Ex-Mumbai 0.90mm, IS 513 Gr O 23 Jun | 20.13 IST 82,500 - 1,563 + 1,250 + 14,083
HR Plate2 Ex-Mumbai 5-10mm, Gr E-250 24 Jun | 19.11 IST 66,200 - 800 + 700 + 11,700
GP 2 Ex-Mumbai 0.8mm, 120 GSM 25 Jun | 18.59 IST 85,500 - 1,000 - 1,000 + 15,000
Silico Manganese 2 Ex-Raipur 25-150 mm, 60-14 25 Jun | 19.00 IST 100,000 0 + 10,000 + 9,000
Ferro Manganese 2 Ex-Raipur HC 70% 25 Jun | 19.01 IST 104,000 + 4,250 + 14,000 + 19,000
Ferro Chrome 2 Ex-Jajpur HC 60% 23 Jun | 13.25 IST 101,500 + 4,500 + 13,250 + 6,000
Manganese Ore 2 Ex Balaghat, MOIL Lumps, Mn 37%, Fe 7.5% 04 Jun | 18.54 IST 14,264 0 0 NA
Chrome Ore 2 Ex-Odisha OMC, E-auction Lumps, Friable 48-50% 07 Jun | 13.22 IST 14,657 - 1,870 NA - 7,483
*Basic Price GST @ 18% extra1-Daily Assessment, 2-Weekly Assessment, 3-Monthly Assessment, W-O-W: Week On Week, 1M: Change over last month, 3M: Change over last 3 months
Copyright@ 2009-2021 www.steelmint.com info@steelmint.com +91 9770056666
DAILY STEEL REPORT Issue 3169, Saturday, 26 Jun 2021
SteelMint: PELLEX falls marginally by INR 50/t as trades dry up
SteelMint’s bi-weekly domestic pellet index, PELLEX, fell marginally by INR 50/t to INR15,950/t, DAP Raipur. No deal was reported in this publishing window. The marketcontinues...
ON: 2021-06-25 Category: Iron Ore Read More
India: JSPL may cut HR plate prices by INR 1,000/t for July deliveries
Sluggish sentiments are continuing in the domestic HR plates trade segment over thepast three weeks. Consequently, India's leading HR plate manufacturer, Jindal Steel andPower Limite...
ON: 2021-06-25 Category: Finish Flat Read More
Odisha moves to seize left over iron ore of old lessees
The Odisha Govt on Thursday moved to take possession and auction material that oldlessees could not evacuate. This includes iron ore at RP Sao, Kalinga Mining Corporation,Ghanshyam M...
ON: 2021-06-25 Category: Iron Ore Read More
India: Imported scrap market quiet on bid-offer disparities
Indian mills stayed away from bookings because of disparities in bids and offer followingfalling steel margins on subdued domestic demand. Market insiders kept their eyes ondomestic ...
ON: 2021-06-25 Category: Scrap & Metallics Read More
Australian coking coal prices strengthen on sustained demand, supplycrunch
Australian premium hard coking coal prices continued to increase relentlessly over thepast week, on the back of persistent high demand in the Asian markets excluding China,while on-s...
ON: 2021-06-25 Category: Coal Read More
more news
Copyright@ 2009-2021 www.steelmint.com info@steelmint.com +91 9770056666
DAILY STEEL REPORT Issue 3169, Saturday, 26 Jun 2021
Iron Ore
PARTICULAR/DELIVERY SIZE/GRADE DELIVERY PRICE MIN MAX W-O-W 1M 3M
Indian prices (in INR/MT) As on Week 26 ( 21 Jun - 27 Jun )
NMDC 0 -10 mm, Fe 64% F.O.R Siding 6,560 5,060 5,060 0 0 + 2,300
NMDC 6-40 mm, Fe 65.5% F.O.R Siding 7,650 6,950 6,950 0 0 + 2,425
Lumps, Karnataka e-auction 10-20mm, Fe 63% Ex-Mines 6,770 NA NA + 590 + 590 + 1,660
Fines, Karnataka e-auction 0 -5 mm, Fe 60% Ex-Mines 4,270 NA NA + 620 + 620 + 1,030
Odisha Iron Ore Index 10-30mm, Fe 63%, BF Grade Ex-mines 14,000 13,800 14,200 0 + 2,000 + 5,550
Odisha Iron Ore Index 5-18 mm, Fe 63%, DR Grade Ex-mines 14,350 14,000 14,700 0 + 2,100 + 5,400
Odisha Iron Ore Index 0-10 mm, Fe 63% Ex-mines 9,950 NA NA + 500 + 450 + 3,800
Fines/Lump 0-10mm, Fe 62% Ex-mines 9,150 NA NA 0 + 50 + 3,350
Prices last updated on: 2021-06-24,Odisha index prices are ex-mines & inclusive of Royalty, DMF & NMET; NMDC Royalty, DMF & other taxes extra, Karnataka Prices in INR/MT, Royalty@15%
Global prices (in USD/MT) As on 26 Jun 2021
CNF China Fines, Fe 61.5% (Australia Origin), Australia - $210 NA NA - 2 + 27 + 48
CNF India Lumps, Fe 64% (South Africa origin), South Africa - $245 NA NA - 25 + 20 + 44
Prices last updated on: 2019-03-11 11:14:00,Prices on DMT basis (Daily Assessment) , India- Single Port Loading , FOB prices including demurrage , June to November: Moisture@ 10% ,December to May: Moisture@ 8% , Or, actual moisture as per cargo certificate submitted by shipper to be adjusted
Pellets
Indian prices (in INR/MT) As on Week 26 ( 21 Jun - 27 Jun )
Ex-Barbil 6-20 mm, Fe 63% FOR Siding 15,650 15,600 15,700 + 300 + 1,525 + 3,850
Ex-Durgapur 6-20 mm, Fe 63% Ex-Works 15,250 15,200 15,300 0 + 1,225 + 3,075
Ex-Raipur 6-20 mm, Fe 63% Ex-Works 16,000 16,000 16,000 0 0 + 2,900
Ex-Bellary 6-20 mm, Fe 63% Ex-Works 12,900 12,900 12,900 - 150 + 150 + 1,250Prices last updated on: 2021-06-25,Weekly Assessment, GST @ 5% extra., Barbil and Kandla - Prices Loaded to Wagons
Global prices (in USD/MT) As on Week 26 ( 21 Jun - 27 Jun )
CNF China6-20 mm, Fe 64% (India Origin), India - $249 NA NA - 4 + 11 + 42
6-20 mm, Fe 65% (Brazil Origin), Brazil - $310 NA NA + 8 + 8 + 63
FOB India 6-20 mm, Fe 64% - $223 NA NA - 7 + 10 + 41
Prices last updated on: 2021-06-23,
Coal
Global prices (in USD/MT) As on Week 26 ( 21 Jun - 27 Jun )
Prices last updated on: ,
Scrap
Indian prices (in INR/MT) As on 26 Jun 2021
Ex-Alang HMS(80:20) Ex-Yard 35,800 35,700 35,900 - 800 + 300 + 3,300
Ex-Mumbai HMS(80:20) DAP 33,900 33,800 34,200 - 100 - 300 + 2,300
Ex-Chennai HMS(80:20) DAP 35,100 34,900 35,300 - 200 + 600 + 3,600
Ex-Alang HMS(80:20), Ship Breaking Ex-Yard 35,800 35,700 35,900 - 800 + 300 + 3,300Prices last updated on: 2021-06-25 11:12:55,Daily Assessment , Basic Price GST @ 18% extra,
Global prices (in USD/MT) As on Week 26 ( 21 Jun - 27 Jun )
CNF IndiaHMS 1&2(80:20) (Containers, Europe Origin), Europe - $495 $490 $500 0 + 0.67 + 76.67
Shredded (Containers, Europe Origin), Europe - $535 $530 $540 + 5 + 21.17 + 94
CNF Turkey HMS 1&2(80:20) (Bulk, US Origin), USA - $499 $495 $504 - 1 - 9.33 + 70.67Prices last updated on: 2021-06-25,Weekly Assessment
Note:- W-O-W: Week On Week, 1M: Change over last month, 3M: Change over last 3 months
Copyright@ 2009-2021 www.steelmint.com info@steelmint.com +91 9770056666
DAILY STEEL REPORT Issue 3169, Saturday, 26 Jun 2021
Sponge
REGION PARTICULARSPONGE IRON (C-DRI) PELLET SPONGE (P-DRI)
PRICE CHANGE W-O-W 1M PRICE CHANGE W-O-W 1M
Indian prices (in INR/MT) As on 25 Jun 2021
North India Mandi Gobindgarh 34,500 - 200 - 500 + 1,000 - - - -
East India Durgapur 31,000 - 100 - 700 + 900 28,900 - 100 - 700 + 700
East India Rourkela 30,500 - 150 - 400 + 800 - - - -
Central India Raigarh 30,200 - 100 - 300 + 800 29,100 - 300 - 400 + 700
Central India Raipur 31,300 - 200 - 400 + 800 30,000 - 300 - 550 + 1,000
South India Bellary 28,500 - 200 - 1,100 + 500 28,200 - 150 - 800 + 800
South India Hyderabad - - - - 28,900 - 100 - 600 + 900
All prices are basic, GST extra. Scrap
PARTICULAR/DELIVERY SIZE/GRADE DELIVERY PRICE MIN MAX W-O-W 1M 3M
Indian prices (in INR/MT) As on 26 Jun 2021
Ex-Mandi Old Scrap DAP 32,700 32,500 32,900 - 300 - 1,800 - 200
Ex-Durgapur HMS(80:20) DAP 36,600 36,400 36,800 - 200 + 600 + 2,400
Ex-RaipurEnd Cutting DAP 37,800 37,600 38,000 - 200 + 300 + 1,800
HMS(80:20) DAP 36,300 36,100 36,500 - 200 + 300 + 1,800
Ex-Ahmedabad HMS(80:20) DAP 35,100 35,000 35,400 - 200 - 600 + 2,700
Ex-Mumbai HMS(80:20) DAP 33,900 33,800 34,200 - 100 - 300 + 2,300
Ex-Chennai HMS(80:20) DAP 35,100 34,900 35,300 - 200 + 600 + 3,600
Ex-Hyderabad HMS(80:20) DAP 34,000 33,800 34,200 - 500 0 + 2,600Prices last updated on: 2021-06-25 17:12:31,Daily Assessment , Basic Price GST @ 18% extra, Pig Iron
Indian prices (in INR/MT) As on 26 Jun 2021
DAP-Ludhiana Steel Grade DAP 40,100 40,000 40,200 - 100 - 400 - 700
Ex-Durgapur Steel Grade Ex-Works 37,800 37,600 38,000 0 - 100 - 200
Ex-Rourkela Steel Grade Ex-Works 37,200 37,000 37,400 - 400 - 400 + 1,700
DAP-Raigarh Steel Grade DAP 37,800 37,700 37,900 - 800 - 500 + 100
DAP-Raipur Steel Grade DAP 38,400 38,300 38,500 - 400 - 600 + 900
DAP-Hyderabad Steel Grade DAP 39,500 39,400 39,600 - 300 - 500 NA
DAP-Delhi Foundry Grade DAP 43,900 43,800 44,000 0 - 100 - 400
DAP-Ludhiana Foundry Grade DAP 43,800 43,700 43,900 - 100 + 300 - 600
Ex-Kharagpur Foundry Grade Ex-Works 42,400 42,200 42,400 - 1,200 - 1,200 + 2,900
DAP-Ahmedabad Foundry Grade DAP 45,200 45,000 45,500 0 - 100 + 1,200Prices last updated on: 2021-06-25 13:58:45,Indian pig iron price assessment frequency has been increased from weekly to daily basis.
Sponge Iron (C-DRI) -78-80 FeM (Recovery 85%) Scrap - HMS, Mixed (Recovery 94%) Pig Iron - Steel Grade, 0.5 -1.4% Silicon
Copyright@ 2009-2021 www.steelmint.com info@steelmint.com +91 9770056666
DAILY STEEL REPORT Issue 3169, Saturday, 26 Jun 2021
Ingot/Billet
REGION PARTICULARINGOT BILLET REBAR
PRICE CHANGE 1M PRICE CHANGE 1M PRICE CHANGE 1M
Indian prices (in INR/MT) As on 25 Jun 2021
North India Ghaziabad 43,200 - 300 + 600 - - - - - -
North India Mandi Gobindgarh 43,700 0 - 1,100 43,800 0 - 1,200 49,000 - 200 - 1,000
North India Muzaffarnagar 43,300 - 300 + 600 - - - 46,100 - 500 - 800
East India Durgapur 40,350 - 450 - 650 40,850 - 450 - 650 44,000 - 500 - 1,750
East India Rourkela 40,350 - 250 - 50 40,500 - 500 - 400 44,400 - 200 - 1,100
Central India Raigarh 40,300 + 100 - 300 41,000 0 + 100 44,000 - 200 - 1,200
Central India Raipur 40,800 - 200 0 41,500 - 100 + 200 44,300 - 200 - 400
West India Ahmedabad 43,100 0 - 400 43,600 0 - 600 47,700 - 100 - 900
West India Goa 41,700 0 + 700 42,000 0 + 700 46,800 - 400 - 2,000
West India Jaipur 43,400 + 100 + 100 - - - - - -
West India Mumbai 41,800 + 100 - 200 42,100 + 100 - 300 45,400 - 100 - 2,200
South India Hyderabad 40,600 - 500 - 1,500 41,000 - 500 - 1,500 46,200 - 300 - 1,000
South India Chennai - - - 44,300 - 200 + 300 49,300 - 200 - 1,500
West India Jalna - - - - - - 46,600 - 100 - 2,100
South India Bangalore - - - - - - 48,000 - 100 - 700
All prices are basic, GST @ 18% extra. Rebar (Medium & Small Scale Producers)
PARTICULAR/DELIVERY SIZE/GRADE DELIVERY PRICE MIN MAX PRICE @18%GST W-O-W 1M 3M
Indian prices (in INR/MT) As on 26 Jun 2021
Ex-Mandi Gobindgarh 12-25mm Ex-Works 49,000 48,900 49,200 57,800 - 200 - 1,000 + 1,500
Ex-Muzaffarnagar 12-25mm Ex-Works 46,100 46,000 46,200 54,400 - 500 - 800 + 500
Ex-Durgapur 12-25mm Ex-Works 44,000 43,900 44,100 51,900 - 500 - 1,750 - 2,000
Ex-Rourkela 12-25mm Ex-Works 44,400 44,300 44,500 52,400 - 200 - 1,100 - 1,400
Ex-Raigarh 12-25mm Ex-Works 44,000 43,900 44,100 51,900 - 200 - 1,200 - 1,500
Ex-Raipur 12-25mm Ex-Works 44,300 44,300 44,500 52,300 - 200 - 400 - 800
Ex-Ahmedabad 12-25mm Ex-Works 47,700 47,600 48,000 56,300 - 100 - 900 + 200
Ex-Goa 12-25mm Ex-Works 46,800 46,600 47,000 55,200 - 400 - 2,000 - 2,500
Ex-Jalna 12-25mm Ex-Works 46,600 46,400 46,800 55,000 - 100 - 2,100 - 1,800
Ex-Mumbai 12-25mm Ex-Works 45,400 45,200 45,500 53,600 - 100 - 2,200 - 2,400
Ex-Bangalore 12-25mm Ex-Works 48,000 47,800 48,200 56,600 - 100 - 700 - 500
Ex-Chennai 12-25mm Ex-Works 49,300 49,200 49,500 58,200 - 200 - 1,500 + 1,000
Ex-Hyderabad 12-25mm Ex-Works 46,200 46,100 46,300 54,500 - 300 - 1,000 - 1,400Prices last updated on: 2021-06-25 16:53:52,Daily Assessment, Induction Grade, Grade-500 Fe, Basic Price GST @ 18% extra ,
Structure (Medium & Small Scale Producers)
REGION/ZONE PARTICULAR 40 ANGLE CHANGE 1M 75CHANNEL CHANGE 1M 200 BEAM CHANGE 1M
Indian prices (in INR/MT) As on 26 Jun 2021
North India Ghaziabad - - - - - - 49,600 - 200 + 100
East India Durgapur 45,400 - 300 - 400 45,400 - 300 - 400 45,200 - 300 - 900
Central India Raipur - - - 44,100 - 300 - 300 45,600 - 300 - 100
West India Ahmedabad 46,900 - 400 - 300 46,900 - 400 - 300 47,900 - 400 - 300
West India Mumbai 47,900 0 - 1,600 48,700 0 - 1,600 49,100 0 - 1,600
South India Hyderabad 46,300 - 200 - 200 45,900 - 200 - 200 - - -
Indian Structure price assessment frequency has been increased from weekly to daily basis, All prices are basic,Commercial Grade, Basic Price GST @ 18% extra
Ingot - 3.5"*4.5", Commercial Grade Billet - 100*100, 125*125, S+P> 0.1 %, Re-bar - 12mm, Fe 500 Grade Structure - Commercial Grade, 40x40 Angle
Note:- W-O-W: Week On Week, 1M: Change over last month, 3M: Change over last 3 months
Copyright@ 2009-2021 www.steelmint.com info@steelmint.com +91 9770056666
DAILY STEEL REPORT Issue 3169, Saturday, 26 Jun 2021
Wire Rod
PARTICULAR SIZE/GRADE RAIPUR CHANGE W-O-W DURGAPUR CHANGE W-O-W
Indian prices (in INR/MT) As on date 25-Jun-2021
Wire Rod, Induction grade 5.5 mm 44,900 - 100 - 600 43,800 - 400 - 1,200
HB Wire, Induction grade 12 Gauge - - - 45,800 - 400 - 1,200
Induction grade, 12 Gauge HB Wire 47,200 - 100 - 600 - - -
GI Wire, Induction grade 12 Gauge 52,700 - 100 - 300 52,500 - 500 - 1,300
Binding Wire, Induction grade 20 Gauge 53,700 - 100 - 300 53,300 - 400 - 1,200
Barbed Wire, Induction grade 12*12 Gauge 54,700 - 100 - 300 54,500 - 500 - 1,300
Weekly Assessment,Commercial Grade, Basic Price GST @ 18% extra
Finished Flat
REGION PARTICULARHRC CRC
PRICE CHANGE W-O-W 1M PRICE CHANGE W-O-W 1M
Indian prices (in INR/MT) As on 25 Jun 2021
North India Delhi 64,000 - 1,250 - 1,250 - 1,250 77,800 - 1,200 - 1,200 - 3,200
North India Ludhiana 64,500 - 1,000 - 1,000 - 500 78,300 - 1,700 - 1,700 - 1,200
East India Kolkata 64,250 - 1,250 - 1,250 + 750 76,000 - 2,000 - 2,000 + 1,000
West India Ahmedabad 67,800 - 200 - 200 - 200 83,300 + 550 + 550 + 800
West India Mumbai 66,500 - 1,000 - 1,000 + 1,417 82,500 - 1,563 - 1,563 + 1,250
South India Chennai 67,800 - 2,200 - 2,200 - 2,000 87,000 - 4,600 + 500 + 1,627
South India Hyderabad 67,300 - 1,075 - 1,075 + 550 84,900 - 1,267 - 1,267 + 2,017All prices are basic, GST @ 18% extra.
Ferro Alloys
PARTICULAR/DELIVERY SIZE/GRADE DELIVERY PRICE MIN MAX W-O-W 1M 3M
Silico Manganese 25-150 mm, 60-14Ex-Durgapur 99,500 NA NA - 1,000 + 9,500 + 10,000
Ex-Raipur 100,000 NA NA 0 + 10,000 + 9,000
Ferro Silicon HC 70% Ex-Guwahati 140,000 NA NA 0 + 8,000 + 39,000
Ferro Manganese HC 70% Ex-Durgapur 103,500 NA NA + 3,875 + 13,500 + 19,000
Ferro Chrome HC 60% Ex-Jajpur 101,500 NA NA + 4,500 + 13,250 + 6,000
Chrome Ore Friable 54%+ Ex-Jajpur (OMC-eAuction) 16,273 NA NA - 2,036 NA - 8,635
Prices last updated on: 2021-06-07,OMC E-Auction Prices Including Royalty
Ferro Chrome 10-150mm, HC 60% (cents/lb), India CNF China ¢93/lb NA NA 0 + 6 - 11
Ferro Manganese HC 75% FOB India $1,465 NA NA 0 + 140 + 265
Silico Manganese 65-16 FOB India $1,540 NA NA + 10 + 190 + 240
Prices last updated on: 2021-06-25,Weekly Assessment
Note:- W-O-W: Week On Week, 1M: Change over last month, 3M: Change over last 3 months
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DAILY STEEL REPORT Issue 3169, Saturday, 26 Jun 2021
SteelMint’s billet index drops for fifth day in a row on weak finished steeldemand - 25 Jun
25 Jun 2021
Rationale:
SteelMint's daily billet index is assessed at INR 41,500/t (-100), exw Raipur, on 25 Jun’21. Around 3,450 t of transactions in steel billet wererecorded today against 2,400 t yesterday.
Weak demand in the finished steel segment continues to weigh on Indian billet prices. Therefore, the index keeps trending down eventhough trade volumes have picked up by as much as 44% on a daily basis.
This index has been derived based on transactions, offers, bids and indicative price data sets. Transactions are considered as T1 and●
given a weightage of 50% whereas other data sets are considered as T2 and given a weightage of the balance 50%.
Transactions (T1) – Five trades were recorded in the 2:30 pm to 5:30 pm SteelMint trading window and considered for final price●
calculation as T1 inputs. Out of which two trades were recorded at INR 41,300/t, and one deal each at INR 41,650/t, INR 41,600/t and INR41,500/t. The average price of these five transactions was INR 41,522/t and given a 50% weightage in the final price calculation.
Other Price Indicators – bids/offers/indicative (T2) – Nine offers reported in the trading window and considered as T2 inputs. The●
average price of these nine was INR 41,517/t and given a 50% weightage in the final price calculation.
The final price for billet exw Raipur was at INR 41,519/t, rounded to INR 41,500/t exw.
From SteelMint Team - While it would be our earnest endeavour, at SteelMint, to bring about transparent and unbiased price indexreporting, we would request all our readers and subscribers for their feedback and if they could participate in the reporting of moretransactions.
For detailed methodology - click here
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DAILY STEEL REPORT Issue 3169, Saturday, 26 Jun 2021
Global PricesCOMMODITY PARTICULAR GRADE/SIZE PRICE CHANGE W-O-W 1M 3M
China
Export
Billet FOB China 125*125, BF Grade NA NA NA NA NA
TMT (Re-Bar) FOB China Commerical NA NA NA NA NA
Wire Rod FOB China 5.5mm NA NA NA NA NA
HRC FOB China 2.5mm $943 - 2 - 2 - 42 + 113
CRC FOB China 0.90 mm $995 0 0 + 110 + 175
Import
Iron Ore CNF China Lumps Fe 64/63%, South Africa $264 - 2 - 2 + 42 + 64
Iron Ore CNF China Fines Fe 62%, Australia $215 - 2 - 6 + 27 + 48
Pellets CNF China 6-20mm, BF Grade $310 + 8 + 8 + 8 + 63
Coking Coal CNF China Premium HCC, Australia NA NA NA NA NA
Mill Scale CNF China 70/68% NA NA NA NA NA
FeCr CNF China HC 60% ¢93/lb 0 0 + 6 - 11
Mn Ore CNF China Mn 46% Lumps, Australia NA NA NA NA NA
Mn Ore CNF China Mn 38%, South Africa NA NA NA NA NA CIS Nations
Export
Billet FOB Black Sea 125*125, BF Grade $640 - 3 - 5.5 - 32.5 + 68.5
Slabs FOB Black Sea Commercial $925 0 0 - 20 + 190
Pig Iron FOB Black Sea Steel Grade $630 0 0 - 5 + 105
TMT (Re-Bar) FOB Black Sea Commercial NA NA NA NA NA
HRC FOB Black Sea 2.5mm $995 - 5 - 5 - 95 + 155
CRC FOB Black Sea 0.90mm $1,193 0 0 - 182 + 248 Japan/Korea
Export
HRC FOB Korea 2.5mm $1,105 + 50 + 50 + 50 + 267
Import
FeCr CNF Japan HC 60% ¢99/lb 0 0 + 9 - 8
Note:- W-O-W: Week On Week, 1M: Change over last month, 3M: Change over last 3 months, All prices are weekly assessment, Iron Ore are daily assessment
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DAILY STEEL REPORT Issue 3169, Saturday, 26 Jun 2021
COMMODITY PARTICULAR GRADE/SIZE PRICE CHANGE W-O-W 1M 3M
India
Export
Iron Ore FOB India Fines, Fe 58/57% $82 - 6 - 14.5 - 5 - 8
Billet FOB India 150*150mm $595 - 13 - 16 - 23 + 41
Pig Iron FOB India Steel Grade $560 - 5 - 5 - 10 + 50
HRC FOB India 2.5mm $990 - 5 - 5 - 54 + 163
CRC FOB India 0.9mm $1,395 0 0 + 40 + 400
SiMn FOB India 60/14% $1,390 0 0 + 140 + 190
FeMn FOB India HC 75% $1,465 0 0 + 140 + 265
FeSi FOB Bhutan 70-75% $1,780 0 0 + 180 + 330
Import
Iron Ore CNF India Lumps Fe 64%, South Africa $245 - 25 - 25 + 20 + 44
Scrap CNF India HMS 1&2 ,Middle East $472 - 8 - 18 - 7.67 + 62
Scrap CNF India Shredded, Europe $535 + 5 - 2.4 + 21.17 + 94
Coking Coal CNF India Premium HCC, Australia $210.8 + 5 + 10.18 + 40.68 + 76.32
Non-Coking Coal CNF India RB2 5500 NAR, South Africa NA NA NA NA NA
Met Coke CNF India 62%, China NA NA NA NA NA
Pellets CNF India 6-20mm, BF Grade NA NA NA NA NA
Wire Rod CNF India 5.5mm, China NA NA NA NA NA
HRC CNF India 2.5mm, China NA NA NA NA NA
HRC CNF India 2.5mm, Korea NA NA NA NA NA
CRC CNF India 0.90mm, China $1,025 0 0 + 110 + 175
HR Plate CNF India A 36 NA NA NA NA NA
Mn Ore CNF India Mn 38%, South Africa NA NA NA NA NA Europe & US
Export
Pig Iron FOB Brazil Steel Grade $633 - 2 - 2 + 13 + 115
Import
Scrap CFR Turkey HMS (80:20), US $499 - 1 - 5.2 - 9.33 + 70.67
HRC CIF Europe 2.5mm NA NA NA NA NA Middle East & Africa
Export
Iron Ore FoB South Africa Lumps, Fe 64/63% NA NA NA NA NA
Non Coking Coal FoB South Africa RB2 5500 NAR NA NA NA NA NA
Import
Billet CNF Dubai 125*125, China NA NA NA NA NA
HRC CNF Dubai 2.5mm, China $990 0 0 - 45 + 125
Note:- W-O-W: Week On Week, 1M: Change over last month, 3M: Change over last 3 months, All prices are weekly assessment, Iron Ore are daily assessment
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DAILY STEEL REPORT Issue 3169, Saturday, 26 Jun 2021
IntelIron Ore
» India: Bellary pellet prices drop on subdued demand Jun 25, 2021 19:48
» India: Odisha's Rungta mines hikes iron ore fines offers by up to INR 500/t Jun 25, 2021 17:25
» China: Ferrous futures market rebounds on supply concerns Jun 25, 2021 17:17
» India: S Africa iron ore lump import offers fall on global cues Jun 25, 2021 15:23
» India: Steel mill books over 200,000 t pellet from Odisha Jun 25, 2021 13:40
Coal» India: South African RB2 coal trade muted on soft demand Jun 25, 2021 18:35
» Indonesian 4,200 GAR grade coal prices rise on strong Chinese demand Jun 25, 2021 17:32
» India: Australian thermal coal bookings remain sparse on stiff offers Jun 25, 2021 17:05
» India: Indonesian coal sold at INR 8,300/t, ex-Vizag Jun 25, 2021 15:02
» India: Power demand rises marginally in first half of Jun'21 Jun 25, 2021 13:52
Scrap & Metallics» South India: Bellary sponge iron prices remain under pressure Jun 25, 2021 19:27
» India: Falling billet prices weigh on Raipur sponge iron market Jun 25, 2021 18:52
» India: Melting scrap prices move southwards on cautious buying Jun 25, 2021 18:29
» India: Tata Metaliks reduces pig iron prices by up to INR 1,400/t Jun 25, 2021 14:20
» India: Jharkhand-based sponge iron producers hold offers Jun 25, 2021 14:13
Steel» Nepal: Finished flat steel imports up 40% y-o-y in Jun'21 Jun 25, 2021 19:35
» India: IF grade rebar prices decline further by up to INR 500/t ($7) Jun 25, 2021 19:29
» India: SAIL spearheading technical breakthrough in wire rod production Jun 25, 2021 17:58
» China: Posco partners with HBIS Group to build galvanised steel sheet mill Jun 25, 2021 17:47
» Bangladesh: GPH Ispat starts commercial production at new Chittagong mill Jun 25, 2021 12:11
Ferro Alloy» China: Ferro chrome imports decrease by 18% in May'21 Jun 25, 2021 20:40
» India: OMC's chrome ore auction receives dismal response Jun 25, 2021 20:14
» Russia: Govt plans to impose export tax on steel and base metals Jun 24, 2021 21:49
» India: OMC raises base price for upcoming chrome ore auction Jun 24, 2021 18:14
» European benchmark ferrochrome price rolled over for Q3 CY'21 Jun 17, 2021 20:48
Ship Breaking» Pakistan: Gadani ship breaking yard suspends operation to supply oxygen for medical use May 04, 2021 15:24
» India: Ship recycling import volumes hit five-month high in Jan '21 Feb 11, 2021 15:10
» Govt plans to double Alang's ship recycling capacity by 2024: FM Feb 01, 2021 12:06
» India: Ship breaking scrap prices in Alang hit all-time high Dec 14, 2020 12:16
» Global ship-breaking: 170 ships broken in Q3 CY'20 Oct 31, 2020 16:36
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DAILY STEEL REPORT Issue 3169, Saturday, 26 Jun 2021
Live TendersCOMPANY TYPE GRADE QUANTITY EXPIRY DATE LOCATION VIEW
Ferro Manganese
MOIL Limited Sell High Carbon Ferro Chrome (HCFC) 5,200 MT 29 Jun, 2021 Nagpur, Maharashtra, India
Fines/lumps
SAIL Sell Bolani Iron Ore Fines (Dump fines) Size: [-]10mm Fe:60%
100,000 MT 28 Jun, 2021 Kolkata, West Bengal, India
Manganese Ore
MOIL Limited Sell Manganese Ore of Dioxide 1,000 MT 29 Jun, 2021 Nagpur, Maharashtra, India
Pig Iron
RINL Sell Steel grade 7,800 MT 26 Jun, 2021 Vishakhapatnam, Andhra Pradesh, India
View All
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DAILY STEEL REPORT Issue 3169, Saturday, 26 Jun 2021
Weekly Pig Iron Production Index by Tathya.earth (As on 19 Jun 2021)
Mills considered for this index are POSCO's Pohang &Gwangyang and Hyundai Steel Dangjin Steel mill
Mills considered for this index are Jamshedpur andKalinganagar
Tathya's Pig Iron (Hot Metal) Index represents the variation in production of Hot Metal (Pig Iron) on a weekly basis at different steel mills. This is a near real-time indicator of production trends in steel mills which is derived by using advanced Machine Learning leveraging the heat signals captured in the infraredbands of satellite images. The base value of the index is considered as 100 and subsequent values represent change from the base value which gives anindication of production trend.
Tathya.Earth has kindly allowed SteelMint to show their Pig Iron production index in this report. More info can be found at www.tathya.earth