issue : 3211 wednesday, 25 aug 2021

Issue : 3211 Wednesday, 25 Aug 2021

DAILY STEEL REPORT Issue 3211, Wednesday, 25 Aug 2021

Pakistan: Imported scrap prices fall despite supportive steelprices

Aug 24, 202118:49

Imported scrap prices in Pakistan dropped significantly inbookings concluded yesterday. As traders returned to the marketafter the Muharram Ashura holidays, sentiments turned bearishas major mills held back from concluding deals in expectation

of a further drop in offers. Factors leading to drop in offers Plungein global iron ore prices: Global iron ore prices have dropped asChina’s spot iron ore prices edged lower on bearish sentiments.Spot prices of the be

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% 24 Aug | 10.56 IST $132 - 2 - 66 - 62

Iron Ore Lumps 1 Indian Imports Lumps, Fe 64% 24 Aug | 10.56 IST $153 0 - 87 - 72

Pellets ( Brazil ) 2 China Imports 6-20 mm, Fe 65% 18 Aug | 18.48 IST $247 - 20 - 67 - 55

Pellets ( India ) 2 China Imports 6-20 mm, Fe 64% 18 Aug | 18.48 IST $175 - 8 - 69 - 63

Coking 2 Australia Exports Premium HCC 23 Aug | 19.13 IST $229 + 2 + 14 + 71

Met Coke 2 India Imports - - - -

Non Coking 2 India Imports RB2 , South Africa origin 24 Aug | 12.07 IST $130.1 + 2.78 + 8.58 + 28.16

Graphite Electrode 2 China Exports 600mm, UHP 24 Aug | 14.41 IST 23,000RMB/t - 3,000 NA - 4,000

Scrap 2 India Imports Shredded 24 Aug | 18.18 IST $530 - 15 0 + 24.2

Scrap 2 Turkey Imports HMS 1&2 19 Aug | 19.08 IST $452 - 3 - 31 - 56.33

Scrap 2 Pakistan Imports Shredded 24 Aug | 17.10 IST $525 - 17 - 20.17 + 18.6

Scrap 2 Bangladesh Imports Shredded 18 Aug | 17.51 IST $545 - 3 - 15 + 3

Scrap ( Ship Breaking ) 2 India Imports Containers 24 Aug | 10.59 IST $580 0 + 10 + 60

Billet 2 India Exports 150*150, 3SP/4SP 24 Aug | 18.04 IST $600 - 13 - 42.5 - 5

Billet 2 China Exports - - - -

Billet 2 Russia Exports 130*130, 3SP 24 Aug | 18.04 IST $610 0 - 37 - 41.5

Billet 2 Iran Exports 130*130, 3SP 10 Aug | 17.59 IST $635 0 + 16 - 53

Sponge Iron 2 India Exports Lumps, FeM 80 19 Aug | 13.05 IST $500 + 15 + 30 + 37

Pig Iron 2 India Exports Steel Grade 21 Aug | 15.24 IST $510 - 5 + 2 - 60

Pig Iron 2 Russia Exports Steel Grade 21 Aug | 15.24 IST $530 - 15 - 55 - 100

HRC 2 China Exports 3-12mm, SS400 24 Aug | 17.40 IST $985 - 25 + 10 + 40

HRC 2 India Exports 2.5 mm, SAE1006 24 Aug | 17.40 IST $902 - 9 + 14 - 129

HRC 2 South Korea Exports 1.6-2.5mm, SAE 1006 24 Aug | 17.40 IST $1,005 - 10 - 20 - 50

HRC ( China ) 2 Vietnam Imports 2-3mm, SAE 1006 24 Aug | 17.52 IST $975 0 + 30 + 10

CRC 2 India Exports 0.9 mm, IS 513 Gr.O 18 Aug | 17.09 IST $1,235 + 10 - 90 - 120

CRC 2 China Exports 0.90mm, SPCC 18 Aug | 17.09 IST $1,045 + 10 + 90 + 160

HR Plate2 China Exports 5-10mm, SS 400 18 Aug | 17.11 IST $943 0 + 23 + 23

GP 2 China ExportsDX51D+z80, Width 1,000-1,500 mm, thickness 0.5-2mm

19 Aug | 17.13 IST $1,185 - 25 + 200 + 225

Silico Manganese 2 India Exports 65-16 23 Aug | 18.21 IST $1,430 0 + 11.67 + 17.5

Ferro Chrome 2 China Import 10-150mm, HC 60% 21 Aug | 16.49 IST ¢125 /lb - 2 + 10 + 38

Manganese Ore 2 India Imports Lumps, Mn 37% 21 Aug | 11.56 IST $4.7 /dmtu 0 - 0.05 + 0.05

Ferro Manganese 2 India Exports HC 75% 20 Aug | 19.16 IST $1,435 + 35 0 + 110

Ferro Silicon 2 Bhutan Exports 70% 19 Aug | 18.25 IST $1,800 0 - 50 + 2001-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 [email protected] +91 9770056666

https://www.steelmint.com/insights/pakistan-imported-scrap-prices-fall-despite-supportive-steel-prices-240224


China: How will met coke price surge impact the steel industry?

China's domestic metallurgical (met) coke prices have continued their relentless risethroughout this month, on the back of rising demand amidst acute supply tightness,primarily owing...

ON: 2021-08-24 Category: Coal Read More

Pakistan: Imported scrap prices fall despite supportive steel prices

Imported scrap prices in Pakistan dropped significantly in bookings concluded yesterday.As traders returned to the market after the Muharram Ashura holidays, sentimentsturned bearish...

ON: 2021-08-24 Category: Scrap & Metallics Read More

China: Ferrous scrap imports rise 16% in Jul'21 on increased supply fromKorea, Taiwan

China’s recycled steel raw materials, or ferrous scrap, import volumes in Jul’21 witnessed a16% rise on an month-on-month (m-o-m) basis. Scrap imports into China rose on r...

ON: 2021-08-24 Category: Scrap & Metallics Read More

South Korea mills, shipbuilders agree on plate price hike

The price tug-of-war between Korean shipping and steel companies in the second half(H2) of this year is coming to an end. The two sides have reached a consensus. The priceshave risen...

ON: 2021-08-24 Category: Finish Flat Read More

China's trade-level inventory stable in mid-Aug'21 - CISA

China's total trade-level inventory in terms of the five major steel categories (HRC, CRC,mid-plate, wire rods and rebar) across its 20 key cities in mid-Aug'21 was at 11.92 million t...


Iran: Billet export allocations may drop as govt cancels export licenses ofseveral mills

The Mining Industries Office of the Government of Iran Power, on 24 Aug'21, announcedin a letter to the Export and Import Regulations Office the list of units sanctioned toexport lon...

ON: 2021-08-24 Category: Semi Finished Read More

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https://www.steelmint.com/insights/china-how-will-met-coke-price-surge-impact-the-steel-industry-240242






https://www.steelmint.com/insights/china-ferrous-scrap-imports-rise-16-in-jul21-on-increased-supply-from-korea-taiwan-240076




https://www.steelmint.com/insights/south-korea-mills-shipbuilders-agree-on-plate-price-hike-240139



https://www.steelmint.com/insights/chinas-trade-level-inventory-stable-in-mid-aug21-cisa-240131



https://www.steelmint.com/insights/iran-billet-export-allocations-may-drop-further-as-govt-cancels-export-licenses-of-several-mills-240127




https://www.steelmint.com/insights


SteelMint: PELLEX falls sharply by over INR 1,000 ($14) as traderecovers on lower offers

Aug 24, 202120:07

SteelMint’s bi-weekly domestic pellet (Fe 63%) index, PELLEX,continued to fall sharply from last week by INR 1,150/t to INR12,150/t DAP Raipur on 24 Aug’21. Around 80,000 t of deals wererecorded by SteelMint from 21-24

Aug’21. India’s domestic pellet market continues to witnessdownward pressure on aggressive domestic sales following fallingexport realisations. Raipur pellet offers have edged down by INR1,700-1,800/t w-o-w to IN

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 21 Aug | 16.03 IST 12,400 - 200 - 1,900 + 150

Fines/lumps 2 Iron Ore Index 0-10 mm, Fe 63% 21 Aug | 16.03 IST 8,900 - 400 - 1,100 - 600

Iron Ore 3 NMDC 6-40 mm, Fe 65.5% 06 Aug | 11.15 IST 7,150 - 300 - 300 - 500

Iron Ore 3 NMDC 0 -10 mm, Fe 64% 06 Aug | 11.15 IST 6,160 - 200 - 200 - 400

Pellets 2 Raipur 6-20 mm, Fe 63% 24 Aug | 18.27 IST 12,150 0 - 2,550 - 3,975

Pellets 2 Bellary 6-20 mm, Fe 63% 24 Aug | 18.27 IST 12,000 - 300 - 1,150 - 1,275

Coal 2 Ex-India (East) 25-90 mm, Met Coke, BlastFurnace 18 Aug | 16.39 IST 29,000 + 1,000 + 1,500 + 1,500

Graphite Electrode 3 Ex-India 600mm, UHP 02 Jul | 14.43 IST 345,000 + 27,500 + 27,500 + 25,000

Mill Scale 2 FoR-Kandla Fines, Fe 70/68% 21 Aug | 15.50 IST 7,000 - 2,250 - 2,400 + 600

Scrap 1 Ex-Mumbai HMS 24 Aug | 17.09 IST 34,700 - 100 - 100 + 500

Scrap 1 Ex-Alang HMS 24 Aug | 17.09 IST 35,000 + 200 - 1,900 - 800

Pig Iron 1 Ex-Ludhiana, Foundary Foundry Grade 24 Aug | 13.32 IST 43,400 - 200 - 600 - 300

Sponge Iron 1 Ex-Raipur Mix , FeM 80%, +/-1 24 Aug | 17.17 IST 32,800 - 200 + 800 + 1,600

Sponge Pellet 1 Ex-Raipur Lumps, FeM 80%, +/-1 24 Aug | 17.15 IST 30,200 0 + 400 + 200

Billet 1 Ex-Mumbai 100x100mm, IS 2831 24 Aug | 18.08 IST 43,800 0 - 700 + 1,300

Billet 1 Ex-Raipur 100x100mm, IS 2831 24 Aug | 18.08 IST 42,200 + 100 - 200 + 150

TMT (Re-Bar) Secondarymills 1 Ex-Mumbai 12-25mm, Fe 500, IF route,

IS 1786 24 Aug | 13.36 IST 49,000 - 400 + 700 + 1,200

TMT (Re-Bar) Secondarymills 1 Ex-Delhi/NCR 12-25mm, Fe 500, IF route,

IS 1786 24 Aug | 13.36 IST 47,600 - 200 + 900 - 200

Structure 1 Ex-Mumbai40x40 Angle IS 2062/2011E-250 Gr A, CommercialGrade

24 Aug | 10.15 IST 49,100 - 700 - 500 - 500

Wire Rod 1 Ex-Raipur 5.5 mm, SWRY 14 LC Gr 3,Induction route 24 Aug | 16.52 IST 44,500 - 500 - 1,300 - 1,600

HRC 2 Ex-Delhi 2.5-8mm, IS2062 18 Aug | 19.06 IST 64,300 0 + 1,550 - 950

HRC 2 Ex-Mumbai 2.5-8mm, IS2062 18 Aug | 19.06 IST 66,400 - 800 + 2,300 + 1,317

CRC 2 Ex-Delhi 0.90mm, IS 513 Gr O 18 Aug | 19.24 IST 74,300 - 700 - 700 - 6,700

CRC 2 Ex-Mumbai 0.90mm, IS 513 Gr O 18 Aug | 19.24 IST 77,800 - 500 - 1,700 - 3,450

HR Plate2 Ex-Mumbai 5-10mm, Gr E-250 19 Aug | 18.45 IST 66,600 - 300 + 2,100 + 1,100

GP 2 Ex-Mumbai 0.8mm, 120 GSM 20 Aug | 18.42 IST 82,500 + 250 - 1,000 - 4,000

Silico Manganese 2 Ex-Raipur 25-150 mm, 60-14 23 Aug | 18.20 IST 96,000 0 + 2,217 + 3,375

Ferro Manganese 2 Ex-Raipur HC 70% 20 Aug | 19.12 IST 100,000 0 + 1,000 + 10,000

Ferro Chrome 2 Ex-Jajpur HC 60% 19 Aug | 17.05 IST 120,000 - 5,000 + 8,700 + 31,750

Manganese Ore 2 Ex Balaghat, MOIL Lumps, Mn 37%, Fe 7.5% 02 Aug | 10.24 IST 15,334 0 0 + 1,070

Chrome Ore 2 Ex-Odisha OMC, E-auction Lumps, Friable 48-50% 31 Jul | 12.04 IST 18,983 + 1,657 + 1,657 NA

*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


https://www.steelmint.com/insights/steelmint-pellex-falls-sharply-by-over-inr-1000-14-as-trade-recovers-on-lower-offers-240260


SteelMint: PELLEX falls sharply by over INR 1,000 ($14) as trade recovers onlower offers

SteelMint’s bi-weekly domestic pellet (Fe 63%) index, PELLEX, continued to fall sharplyfrom last week by INR 1,150/t to INR 12,150/t DAP Raipur on 24 Aug’21. Around 80,000...

ON: 2021-08-24 Category: Iron Ore Read More

SteelMint: India's HRC FoB index falls further on muted overseas demand

The absence of active trade deals amid dull demand in the global market led to a fall of$9/tonne (t) in India's HRC FoB index this week. SteelMint’s India HRC export index stood...


South Asia: Ship recycling prices remain stable

Ship recycling prices remained stable last week in India, Bangladesh and Pakistan.Incidentally, Indian prices of steel plates, a product used heavily in shipbuilding, havefallen more...

ON: 2021-08-24 Category: Ship Breaking Read More

Indian DRI, billet and re-bar update - 24 Aug

The Indian secondary steel market remained volatile on 24 Aug’21. The prices through themid-sized mills fluctuated in the range of INR 100-500/t, d-o-d. As per SteelMint assessm...

ON: 2021-08-24 Category: Semi Finished Read More

Indian silico manganese prices stable on subdued steel demand

Indian silico manganese prices attained stability amidst sluggish buying interest from thesteel mills. SteelMint assessed the current market prices of silico manganese at aroundINR 9...

ON: 2021-08-24 Category: Ferro Alloy Read More

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https://www.steelmint.com/insights/steelmint-indias-hrc-fob-index-falls-further-on-muted-overseas-demand-240263



https://www.steelmint.com/insights/south-asia-india-sees-unexpected-decline-in-steel-plate-prices-240167



https://www.steelmint.com/insights/indian-dri-billet-and-re-bar-update-24-aug-240190



https://www.steelmint.com/insights/indian-silico-manganese-prices-stable-on-subdued-steel-demand-240206



https://www.steelmint.com/insights

http://www.sibanthracite.ru/en


Iron Ore

PARTICULAR/DELIVERY SIZE/GRADE DELIVERY PRICE MIN MAX W-O-W 1M 3M

Indian prices (in INR/MT) As on Week 35 ( 23 Aug - 29 Aug )

NMDC 0 -10 mm, Fe 64% F.O.R Siding 6,160 6,160 6,160 - 200 - 200 - 400

NMDC 6-40 mm, Fe 65.5% F.O.R Siding 7,150 7,150 7,150 - 300 - 300 - 500

Lumps, Karnataka e-auction 10-20mm, Fe 63% Ex-Mines 6,780 NA NA 0 0 + 10

Fines, Karnataka e-auction 0 -5 mm, Fe 60% Ex-Mines 4,350 NA NA 0 0 + 80

Odisha Iron Ore Index 0-10 mm, Fe 63% Ex-mines 8,900 NA NA - 400 - 1,100 - 600

Odisha Iron Ore Index 10-30mm, Fe 63%, BF Grade Ex-mines 12,100 12,000 12,200 - 200 - 1,900 + 100

Odisha Iron Ore Index 5-18 mm, Fe 63%, DR Grade Ex-mines 12,400 12,300 12,500 - 200 - 1,900 + 150

Odisha Iron Ore Index 0-10mm, Fe 62% Ex-mines 8,100 NA NA - 400 - 1,200 - 1,000

Prices last updated on: 2021-08-21,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 25 Aug 2021

CNF China Fines, Fe 61.5% (Australia Origin), Australia - $132 NA NA - 2 - 66 - 62

CNF India Lumps, Fe 64% (South Africa origin), South Africa - $153 NA NA 0 - 87 - 72

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 35 ( 23 Aug - 29 Aug )

Ex-Barbil 6-20 mm, Fe 63% FOR Siding 12,000 11,900 12,100 - 1,500 - 2,575 - 2,950

Ex-Durgapur 6-20 mm, Fe 63% Ex-Works 13,100 13,000 13,200 - 450 - 1,325 - 1,900

Ex-Raipur 6-20 mm, Fe 63% Ex-Works 12,150 12,000 12,300 0 - 2,550 - 3,975

Ex-Bellary 6-20 mm, Fe 63% Ex-Works 12,000 11,900 12,100 - 300 - 1,150 - 1,275Prices last updated on: 2021-08-24,Weekly Assessment, GST @ 5% extra., Barbil and Kandla - Prices Loaded to Wagons

Global prices (in USD/MT) As on Week 35 ( 23 Aug - 29 Aug )

CNF China6-20 mm, Fe 64% (India Origin), India - $175 NA NA - 8 - 69 - 63

6-20 mm, Fe 65% (Brazil Origin), Brazil - $247 NA NA - 20 - 67 - 55

FOB India 6-20 mm, Fe 64% - $148 NA NA - 8 - 69 - 65

Prices last updated on: 2021-08-18,

Coal


Prices last updated on: ,

Scrap

Indian prices (in INR/MT) As on 25 Aug 2021

Ex-Alang HMS(80:20) Ex-Yard 35,000 34,900 35,200 + 200 - 1,900 - 800

Ex-Mumbai HMS(80:20) DAP 34,700 34,500 34,900 - 100 - 100 + 500

Ex-Chennai HMS(80:20) DAP 33,000 32,800 33,200 + 100 + 500 - 1,500

Ex-Alang HMS(80:20), Ship Breaking Ex-Yard 35,000 34,900 35,200 + 200 - 1,900 - 800Prices last updated on: 2021-08-24 11:19:50,Daily Assessment , Basic Price GST @ 18% extra,


CNF IndiaHMS 1&2(80:20) (Containers, Europe Origin), Europe - $483 $480 $485 - 2 - 11 + 7.6

Shredded (Containers, Europe Origin), Europe - $530 $525 $535 - 15 0 + 24.2

CNF Turkey HMS 1&2(80:20) (Bulk, US Origin), USA - $452 $450 $455 - 3 - 22.67 - 51.8Prices last updated on: 2021-08-24,Weekly Assessment

Note:- W-O-W: Week On Week, 1M: Change over last month, 3M: Change over last 3 months



Sponge

REGION PARTICULARSPONGE IRON (C-DRI) PELLET SPONGE (P-DRI)

PRICE CHANGE W-O-W 1M PRICE CHANGE W-O-W 1M


North India Mandi Gobindgarh 36,300 - 100 - 900 + 1,600 - - - -

East India Durgapur 32,100 + 100 - 1,600 0 29,900 - 100 - 1,600 - 200

East India Rourkela 32,000 - 200 - 1,200 + 650 - - - -

Central India Raigarh 32,300 - 250 - 1,000 + 1,300 30,200 - 300 - 1,300 + 900

Central India Raipur 32,800 - 200 - 1,200 + 800 30,200 0 - 1,800 + 400

South India Bellary 30,600 - 100 - 900 + 700 29,100 - 250 - 850 0

South India Hyderabad - - - - 29,800 - 200 - 1,000 0

All prices are basic, GST extra. Scrap



Ex-Mandi Old Scrap DAP 33,700 33,500 33,900 + 200 - 100 - 1,100

Ex-Durgapur HMS(80:20) DAP 36,300 36,100 36,500 - 100 + 300 0

Ex-RaipurEnd Cutting DAP 38,500 38,300 38,700 0 + 500 + 1,000

HMS(80:20) DAP 36,600 36,500 36,900 0 + 400 + 600

Ex-Ahmedabad HMS(80:20) DAP 35,100 34,900 35,300 + 100 - 900 - 200

Ex-Mumbai HMS(80:20) DAP 34,700 34,500 34,900 - 100 - 100 + 500

Ex-Chennai HMS(80:20) DAP 33,000 32,800 33,200 + 100 + 500 - 1,500

Ex-Hyderabad HMS(80:20) DAP 34,200 34,000 34,400 0 + 1,500 - 300Prices last updated on: 2021-08-24 17:09:28,Daily Assessment , Basic Price GST @ 18% extra, Pig Iron


DAP-Ludhiana Steel Grade DAP 41,500 41,400 41,700 0 + 500 + 1,000

Ex-Durgapur Steel Grade Ex-Works 39,000 38,800 39,100 0 + 700 + 1,200

Ex-Rourkela Steel Grade Ex-Works 37,700 37,600 37,750 0 + 500 + 100

DAP-Raigarh Steel Grade DAP 38,700 38,600 38,800 0 + 200 - 100

DAP-Raipur Steel Grade DAP 39,000 38,900 39,100 0 + 300 + 500

DAP-Hyderabad Steel Grade DAP 40,000 39,900 40,100 0 0 0

DAP-Delhi Foundry Grade DAP 44,600 44,500 45,000 - 100 + 100 + 600

DAP-Ludhiana Foundry Grade DAP 43,400 43,400 43,500 - 200 - 600 - 300

Ex-Kharagpur Foundry Grade Ex-Works 42,900 42,700 42,900 0 + 1,100 - 700

DAP-Ahmedabad Foundry Grade DAP 45,800 45,600 46,000 0 + 300 + 500Prices last updated on: 2021-08-24 13:32:41,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


https://youtu.be/_ykpTJTTyTI


Ingot/Billet

REGION PARTICULARINGOT BILLET REBAR

PRICE CHANGE 1M PRICE CHANGE 1M PRICE CHANGE 1M


North India

Ghaziabad 44,800 + 200 + 600 - - - - - -

Mandi Gobindgarh 45,000 + 100 - 300 45,100 + 100 - 300 49,400 0 - 400

Muzaffarnagar 44,600 + 100 + 1,100 - - - 46,500 - 100 + 700

East IndiaDurgapur 41,700 + 50 - 300 42,150 + 50 - 250 44,500 0 0

Rourkela 41,500 0 + 250 41,800 0 + 100 45,300 0 + 800

Central IndiaRaigarh 41,650 + 250 + 550 42,100 + 150 + 200 44,650 - 200 + 250

Raipur 41,750 + 250 + 150 42,200 + 100 - 200 44,800 - 500 + 300

West India

Ahmedabad 44,300 + 300 + 300 45,200 + 200 - 100 49,600 - 100 + 700

Goa 41,700 - 1,800 - 1,000 42,000 - 800 - 1,000 47,000 - 300 + 300

Jaipur 44,100 - 100 + 400 - - - - - -

Mumbai 43,500 0 - 600 43,800 0 - 700 49,000 - 400 + 700

South IndiaHyderabad 42,600 0 0 43,000 0 0 46,500 0 + 200

Chennai - - - 42,800 - 200 + 300 47,000 0 + 200

West India Jalna - - - - - - 48,700 0 + 1,300

South India Bangalore - - - - - - 46,800 - 200 + 600

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


Ex-Mandi Gobindgarh 12-25mm Ex-Works 49,400 49,200 49,600 58,300 0 - 400 - 900

Ex-Muzaffarnagar 12-25mm Ex-Works 46,500 46,400 46,600 54,900 - 100 + 700 - 1,100

Ex-Durgapur 12-25mm Ex-Works 44,500 44,400 44,600 52,500 0 0 - 1,600

Ex-Rourkela 12-25mm Ex-Works 45,300 45,200 45,400 53,500 0 + 800 - 200

Ex-Raigarh 12-25mm Ex-Works 44,650 44,600 44,700 52,700 - 200 + 250 - 950

Ex-Raipur 12-25mm Ex-Works 44,800 44,700 45,000 52,900 - 500 + 300 - 500

Ex-Ahmedabad 12-25mm Ex-Works 49,600 49,400 49,800 58,500 - 100 + 700 + 900

Ex-Goa 12-25mm Ex-Works 47,000 46,800 47,200 55,500 - 300 + 300 - 1,700

Ex-Jalna 12-25mm Ex-Works 48,700 48,500 48,900 57,500 0 + 1,300 0

Ex-Mumbai 12-25mm Ex-Works 49,000 48,800 49,100 57,800 - 400 + 700 + 1,200

Ex-Bangalore 12-25mm Ex-Works 46,800 46,600 47,100 55,200 - 200 + 600 - 2,000

Ex-Chennai 12-25mm Ex-Works 47,000 46,800 47,200 55,500 0 + 200 - 3,800

Ex-Hyderabad 12-25mm Ex-Works 46,500 46,400 46,600 54,900 0 + 200 - 1,500Prices last updated on: 2021-08-24 13:36:54,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


North India Ghaziabad - - - - - - - - -

East India Durgapur - - - - - - - - -

Central India Raipur - - - - - - - - -

West India Ahmedabad - - - - - - - - -

West India Mumbai - - - - - - - - -

South India Hyderabad - - - - - - - - -

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




Wire Rod

PARTICULAR SIZE/GRADE RAIPUR CHANGE W-O-W DURGAPUR CHANGE W-O-W

Indian prices (in INR/MT) As on date 24-Aug-2021

SWRY 14 LC Gr 3, Induction route 5.5 mm 44,500 - 500 - 2,400 44,500 - 500 - 2,300

HB Wire, Induction route 12 Gauge 46,800 - 500 - 2,400 46,600 - 600 - 2,200

GI Wire, Induction route 12 Gauge 51,700 - 300 - 1,300 53,200 - 100 - 1,800

Binding Wire, Induction route 20 Gauge 52,800 - 200 - 1,500 53,200 - 600 - 2,300

Barbed Wire, Induction route 12*12 Gauge 53,700 - 300 - 1,100 56,000 - 200 - 1,800

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


North India Delhi 64,300 0 0 + 1,550 74,300 - 700 - 700 - 700

North India Faridabad 64,600 + 100 + 100 + 1,500 75,000 + 600 + 600 + 1,000

North India Ludhiana 63,500 - 300 - 300 + 1,500 74,000 - 1,000 - 1,000 + 100

East India Kolkata 62,600 - 150 - 150 + 600 74,500 0 0 0

West India Ahmedabad 66,900 - 1,000 - 1,000 + 1,100 77,200 - 1,400 - 1,400 - 2,300

West India Mumbai 66,400 - 800 - 800 + 2,300 77,800 - 500 - 500 - 1,700

South India Bangalore 67,300 - 500 - 500 + 1,375 79,800 - 500 - 500 - 2,000

South India Chennai 66,800 - 100 - 100 + 2,700 81,800 0 0 - 1,000

South India Hyderabad 66,900 - 100 - 100 + 1,800 79,300 0 0 - 1,000All prices are basic, GST @ 18% extra.

Ferro Alloys


Silico Manganese 25-150 mm, 60-14Ex-Durgapur 95,300 NA NA 0 + 1,367 + 2,675

Ex-Raipur 96,000 NA NA 0 + 2,217 + 3,375

Ferro Silicon HC 70% Ex-Guwahati 127,500 NA NA + 500 - 8,000 - 4,500

Ferro Manganese HC 70% Ex-Durgapur 99,500 NA NA 0 + 1,000 + 9,500

Ferro Chrome HC 60% Ex-Jajpur 120,000 NA NA - 5,000 + 8,700 + 31,750

Chrome Ore Friable 54%+ Ex-Jajpur (OMC-eAuction) 23,184 NA NA + 3,820 + 3,820 NA

Prices last updated on: 2021-07-31,OMC E-Auction Prices Including Royalty

Ferro Chrome 10-150mm, HC 60% (cents/lb), India CNF China ¢125 /lb NA NA - 2 + 10 + 38

Ferro Manganese HC 75% FOB India $1,435 NA NA + 35 0 + 110

Silico Manganese 65-16 FOB India $1,430 NA NA 0 + 11.67 + 17.5

Prices last updated on: 2021-08-23,Weekly Assessment




SteelMint: Raipur billet index increases INR 100/t on renewed buying - 24Aug

24 Aug 2021

Rationale:

SteelMint’s daily steel billet index is assessed at INR 42,200/tonne (t) (+INR 100) exw-Raipur on 24 Aug’21.

About 4,370 t of transactions in steel billet were recorded by SteelMint today against 1,700 t on 23 Aug.

The index moved up slightly following improvement in bids, which also supported trade volumes in today's trade. However, sources areexpecting billet prices to remain under pressure or else volatility in prices in view of subdued demand and slight improvement in supplyof sponge iron in the spot market.

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) – Six 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 42,200/t, two deals at INR 42,100/t, and one deal each at INR42,300/t, and INR 42,150/t. The average price of these six transactions was INR 42,180/t and given a 50% weightage in the final pricecalculation.

Other Price Indicators – bids/offers/indicative (T2) – Seven offers reported in the trading window and considered as T2 inputs. The●

average price of these seven was INR 42,200/t and given a 50% weightage in the final price calculation.

The final price for billet exw Raipur was at INR 42,190/t, rounded to INR 42,200/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


https://bit.ly/3jcmGL6


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 $985 - 25 - 25 + 10 + 40

CRC FOB China 0.90 mm $1,045 + 10 + 10 + 90 + 160

Import

Iron Ore CNF China Lumps Fe 64/63%, South Africa $163 - 3 - 32 - 90 - 72

Iron Ore CNF China Fines Fe 62%, Australia $137 - 2 - 26 - 66 - 62

Pellets CNF China 6-20mm, BF Grade $247 - 20 - 20 - 67 - 55

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% ¢125/lb - 2 - 5 + 10 + 38

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 $610 0 - 10 - 37 - 41.5

Slabs FOB Black Sea Commercial NA NA NA NA NA

Pig Iron FOB Black Sea Steel Grade $530 - 15 - 15 - 55 - 100

TMT (Re-Bar) FOB Black Sea Commercial NA NA NA NA NA

HRC FOB Black Sea 2.5mm $920 0 0 - 2 - 170

CRC FOB Black Sea 0.90mm $1,038 - 2 - 2 - 7 - 337 Japan/Korea

Export

HRC FOB Korea 2.5mm $1,005 - 10 - 10 - 20 - 50

Import

FeCr CNF Japan HC 60% ¢129/lb - 2 - 3 + 11 + 39

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



COMMODITY PARTICULAR GRADE/SIZE PRICE CHANGE W-O-W 1M 3M

India

Export

Iron Ore FOB India Fines, Fe 58/57% $45 - 12 - 24 - 35 - 42

Billet FOB India 150*150mm $600 - 13 - 21.5 - 42.5 - 5

Pig Iron FOB India Steel Grade $510 - 5 - 5 + 2 - 60

HRC FOB India 2.5mm $902 - 9 - 9 + 14 - 129

CRC FOB India 0.9mm $1,235 + 10 + 10 - 90 - 120

SiMn FOB India 60/14% $1,320 0 0 + 30 + 7.5

FeMn FOB India HC 75% $1,435 + 35 + 35 0 + 110

FeSi FOB Bhutan 70-75% $1,800 0 0 - 50 + 200

Import

Iron Ore CNF India Lumps Fe 64%, South Africa $153 0 - 32 - 87 - 72

Scrap CNF India HMS 1&2 ,Middle East $483 + 6 + 9.8 + 3.83 + 14.6

Scrap CNF India Shredded, Europe $530 - 15 - 5.4 0 + 24.2

Coking Coal CNF India Premium HCC, Australia $255 + 1.75 + 3.78 + 14.42 + 71.5

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 $1,075 - 25 NA + 90 + 160

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 $520 - 30 - 30 - 95 - 115

Import

Scrap CFR Turkey HMS (80:20), US $452 - 3 - 1.8 - 22.67 - 51.8

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 $1,025 - 20 - 20 - 10 + 35

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



IntelIron Ore

» India: Essel Mining cuts iron ore prices by up to INR 1,600/t ($22) Aug 24, 2021 20:18

» India: Barbil pellet offers inch down by INR 1,500/t in recent deal Aug 24, 2021 19:32

» India: Bellary pellet prices drop on falling sponge iron offers Aug 24, 2021 19:23

» China: Iron pellet imports down 49%, y-o-y, in Jan-Jul'21 Aug 24, 2021 17:36

» Iran: Chadormalu posts record iron ore pellet output in Aug'21 Aug 24, 2021 13:16

Coal» India: South African RB2 coal traded at INR 9,900/t at Krishnapatnam Aug 24, 2021 18:46

» Indonesia lifts coal export ban from three companies Aug 24, 2021 16:39

» Thermal coal derivatives trading volume drops 30% in Jul'21 Aug 24, 2021 16:24

» China: Coking coal and met coke prices increase on depleting inventory Aug 23, 2021 19:00

» India: Supply crunch keeps South African RB2 coal prices elevated at Ennore Aug 23, 2021 18:37

Scrap & Metallics» India: Gloomy market sentiments weigh on ferrous scrap import prices Aug 24, 2021 19:34

» India: CRC scrap prices remain largely stable despite limited deals Aug 24, 2021 19:19

» India: Sponge iron prices stable in Raipur tracking hike in billets Aug 24, 2021 18:34

» India: Melting scrap market witnesses price variations across regions Aug 24, 2021 18:10

» India: Odisha sponge iron prices decrease by INR 200/t Aug 24, 2021 17:52

Steel» India: IF grade re-bar prices decline further on weak demand Aug 24, 2021 18:16

» China: Domestic billet prices increase RMB 20/t ($3/t) Aug 24, 2021 17:56

» China: Billet imports down 25% in Jan-Jul'21 Aug 24, 2021 17:51

» World crude steel production down 4% m-o-m in Jul'21 - WSA Aug 24, 2021 17:35

» Iran: KSC floats 40,000 t slab export tender Aug 24, 2021 13:46

Ferro Alloy» Third price discovery for SAIL's silico manganese tender on 8 Oct'21 Aug 21, 2021 12:38

» India: Vedanta ferro chrome auction receives moderate response Aug 20, 2021 18:01

» India: SAIL to conduct fifth price discovery for new bidders of ferrochrome Aug 19, 2021 16:38

» China: Ferroalloys output falls by 7.8% y-o-y in Jul'21 Aug 19, 2021 13:19

» India: Tata Steel floats quotation for purchase of 1,500 t ferro silicon Aug 19, 2021 12:01

Ship Breaking» India: Shipbreaking scrap prices at Alang rebound by INR 200-300/t Aug 24, 2021 10:26

» India: Shipbreaking scrap prices at Alang fall by INR 400-500/t Aug 23, 2021 11:07

» India: Shipbreaking scrap prices at Alang fall by INR 600-700/t Aug 21, 2021 11:01

» India: Shipbreaking scrap prices at Alang drift down by INR 500-600/t Aug 20, 2021 12:20

» India: Alang's shipbreaking scrap prices remain largely stable Aug 19, 2021 11:02



Live TendersCOMPANY TYPE GRADE QUANTITY EXPIRY DATE LOCATION VIEW

Bauxite

OMC Sell 38-45% Al203, 2.5 - 3.5% Si02 660,000 MT 31 Aug, 2021 Bhubaneswar, Odisha, India

Billet/ingot/slab

SAIL Sell Billet,bloom, hr/cr sheet and coil 12,855 MT 25 Aug, 2021 Bhilai, Chattisgarh, India

SAIL Sell Billet 380 MT 25 Aug, 2021 Burnpur, West Bengal, India

SAIL Sell CC Billet 125*125*125 237 MT 27 Aug, 2021 Kolkata, West Bengal, India

SAIL Sell Billet, Bloom, Ingot and Mixed Scrap 2,197 MT 28 Aug, 2021 Durgapur, West Bengal, India

Coking

SAIL Sell Coke dust 1,000 MT 25 Aug, 2021 Burnpur, West Bengal, India

SAIL Sell 0-6 mm 3,000 MT 07 Sep, 2021 Chandrapur, Maharashtra, India

SAIL Sell 0-6 mm Coke Fines 3,000 MT 07 Sep, 2021 Chandrapur, Maharashtra, India

Crc

JCAPCPL Sell CR coil 1,085 MT 25 Aug, 2021 Jamshedpur, Jharkhand, India

SAIL Sell 0.5 to 1.5 mm 428 MT 26 Aug, 2021 Kolkata, West Bengal, India

TATA Steel Sell CR Coil 1,388 MT 25 Aug, 2021 Jamshedpur, Jharkhand, India

Ferro Chrome

SAIL Buy High carbon ferro chrome 28,800 MT 28 Jan, 2022 Salem, Tamil Nadu, India

SAIL Buy Ferro chrome 110 MT 25 Aug, 2021 Bokaro, Jharkhand, India

RINL Buy Size : 10-50 mm, Carbon : 6-8 % 200 MT 27 Aug, 2021 Visakhapatnam, Andhra Pradesh, India

SAIL Buy Ferro Chrome 110 MT 25 Aug, 2021 Bokaro, Jharkhand, India

Ferro Manganese

MOIL Limited Sell High carbon ferro manganese 2,325 MT 27 Aug, 2021 Nagpur, Maharashtra, India

Central Railway Buy Ferro manganese 533 MT 01 Sep, 2021 Bangalore, Karnataka, India

Central Railway Buy Ferro manganese 118 MT 30 Aug, 2021 Saran, Bihar, India

Ferro Silicon

Central Railway Buy Ferro silicon 783 MT 01 Sep, 2021 Bangalore, Karnataka, India

Central Railway Buy Ferro silicon 261 MT 30 Aug, 2021 Saran, Bihar, India

Fines/lumps

JSMDC Sell iron ore 101,717 MT 14 Sep, 2021 Ranchi, Jharkhand, India

KIOCL Buy 66 % 180,000 MT 06 Sep, 2021 Bangalore, Karnataka, India

SAIL Sell 10 mm, Fe : 59.80% 100,000 MT 25 Aug, 2021 Rourkela, Odisha, India

MSTC Sell North bailadila iron ore block A 1 Nos 22 Sep, 2021 Raipur, Chattisgarh, India

MSTC Sell North bailadila iron ore block B 1 Nos 22 Sep, 2021 Raipur, Chattisgarh, India

MSTC Sell Kalwar iron ore block 1 Nos 22 Sep, 2021 Raipur, Chattisgarh, India

MSTC Sell Lohattar Sonadehi Iron Ore Block 1 Nos 22 Sep, 2021 Raipur, Chattisgarh, India

Government of Goa Sell Iron ore lumps and fines 2 MnT 27 Aug, 2021 Panaji, Goa, India

SAIL Sell Iron ore fines 100,000 MT 26 Aug, 2021 Keonjhar, Odisha, India

NMDC Sell Size : 10,10-150,10-40 mm(Fe:64,65.5,67 %) 96,600 MT 26 Aug, 2021 Dantewada, Chattisgarh, India

View All


https://www.steelmint.com/tender/auction-of-bauxite-15728

https://www.steelmint.com/tender/auction-of-billet-bloom-hr-cr-sheet-and-wire-rod-coil-15689

https://www.steelmint.com/tender/auction-of-billet-scrap-15701

https://www.steelmint.com/tender/auction-of-cc-billet-15733

https://www.steelmint.com/tender/auction-of-billet-bloom-and-ingot-15735

https://www.steelmint.com/tender/auction-of-coke-dust-15683

https://www.steelmint.com/tender/auction-of-coke-fines--15694

https://www.steelmint.com/tender/auction-of-coke-fines-15725

https://www.steelmint.com/tender/auction-of-cr-coil-15715



https://www.steelmint.com/tender/tender-for-high-carbon-ferro-chrome-15658

https://www.steelmint.com/tender/tender-for-ferro-chrome-15708

https://www.steelmint.com/tender/tender-for-high-carbon-ferro-chrome-15709

https://www.steelmint.com/tender/tender-for-ferro-chrome-15726

https://www.steelmint.com/tender/auction-of-high-carbon-ferro-manganese-15611

https://www.steelmint.com/tender/tender-for-ferro-manganese--15623

https://www.steelmint.com/tender/tender-for-ferro-manganese--15707

https://www.steelmint.com/tender/tender-for-ferro-silicon-15622

https://www.steelmint.com/tender/tender-for-ferro-silicon-15669

https://www.steelmint.com/tender/auction-of-iron-ore-13880

https://www.steelmint.com/tender/supply-tender-for-iron-ore-fines-15519

https://www.steelmint.com/tender/auction-of-iron-ore-tailings-15551

https://www.steelmint.com/tender/invitation-for-grants-of-iron-ore-mine-on-lease-15574




https://www.steelmint.com/tender/auction-of-iron-ore-lumps-and-fines--15645

https://www.steelmint.com/tender/auction-of-iron-ore-fines-15652

https://www.steelmint.com/tender/auction-of-iron-ore--15663

https://www.steelmint.com/tenders


Weekly Pig Iron Production Index by Tathya.earth (As on 21 Aug 2021)

Mills considered for this index are Jamshedpur andKalinganagar

Mills considered for this index are POSCO's Pohang &Gwangyang and Hyundai Steel Dangjin Steel mill

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

https://www.tathya.earth

issue : 3211 wednesday, 25 aug 2021

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