issue : 2973 monday, 21 sep 2020 · 2020. 9. 21. · daily steel report issue 2973, monday, 21 sep...
TRANSCRIPT
Issue : 2973 Monday, 21 Sep 2020
DAILY STEEL REPORT Issue 2973, Monday, 21 Sep 2020
Chinese mills turn active in HRC exports as domestic sales softenSep 19, 2020
15:39
There are signs of Chinese mills shifting sales attention tooverseas markets with domestic trade impacted by falling steelfutures and rising inventories. SteelMint learned from tradeparticipants who received fresh offers from Chinese mills
and traders for hot rolled coils (HRC) in the last few weeks at aprice lower than Japanese, Korean and Indian mills are offering.Vietnam, which is the largest buyer of HRC in the spot market, isreported to have offers from Chinese mills at
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% 18 Sep | 18.23 IST $121 + 3 - 2 + 21
Iron Ore Lumps 1 Indian Imports Lumps, Fe 64% 18 Sep | 18.23 IST $134 0 + 5 + 26.5
Pellets ( Brazil ) 2 China Imports 6-20 mm, Fe 65% 16 Sep | 19.24 IST $151 + 9.5 + 18.5 + 29
Pellets ( India ) 2 China Imports 6-20 mm, Fe 64% 16 Sep | 19.24 IST $139 + 5 + 11.5 + 28
Coking 2 Australia Exports Premium HCC 18 Sep | 12.28 IST $133 + 15 + 26.38 + 18.75
Met Coke 2 India Imports 64% CSR 18 Sep | 12.26 IST $285 + 5 + 16 - 7
Non Coking 2 India Imports RB2 15 Sep | 12.06 IST $56.5 + 1.5 + 2 + 3.5
Graphite Electrode 2 China Exports 600mm, UHP 16 Sep | 15.49 IST 18,750 0 0 NA
Scrap 2 India Imports Shredded 18 Sep | 19.21 IST $318 - 7 + 3.4 + 35.5
Scrap 2 Turkey Imports HMS 1&2 18 Sep | 19.21 IST $298 0 + 13.8 + 34.5
Scrap 2 Pakistan Imports Shredded 18 Sep | 19.21 IST $322 0 + 11 + 43
Scrap 2 Bangladesh Imports Shredded 18 Sep | 19.21 IST $337 0 + 12 + 44.5
Scrap ( Ship Breaking ) 2 India Imports Containers 12 Sep | 12.21 IST $350 0 0 + 55
Billet 2 India Exports 150*150, 3SP/4SP 19 Sep | 12.19 IST $430 0 + 20 + 49.5
Billet 2 China Exports 150*150, Q235 19 Sep | 12.19 IST $433 - 6 + 4.5 + 22.5
Billet 2 Russia Exports 130*130, 3SP 19 Sep | 12.19 IST $415 0 + 17 + 45
Billet 2 Iran Exports 130*130, 3SP 19 Sep | 12.19 IST $413 0 + 10 + 40
Sponge Iron 2 India Exports Lumps, FeM 80 17 Sep | 12.01 IST $325 - 2.5 - 4 + 66
Pig Iron 2 India Exports Steel Grade 19 Sep | 14.01 IST $365 + 5 + 15 + 50
Pig Iron 2 Russia Exports Steel Grade 19 Sep | 14.01 IST $365 + 17 + 25 + 52
HRC 2 China Exports 3-12mm, SS400 15 Sep | 19.10 IST $518 - 10 + 10 + 75
HRC 2 India Exports 2.5 mm, SAE1006 15 Sep | 19.10 IST $530 0 + 22 + 85
HRC 2 South Korea Exports 1.6-2.5mm, SAE 1006 15 Sep | 19.10 IST $525 0 + 27 + 85
HRC ( China ) 2 Vietnam Imports 2-3mm, SAE 1006 15 Sep | 19.10 IST $538 - 7 + 20 + 80
CRC 2 India Exports 0.9 mm, IS 513 Gr.O 15 Sep | 10.56 IST $595 0 + 30 + 120
CRC 2 China Exports 0.90mm, SPCC 15 Sep | 10.56 IST $608 + 13 + 50 + 118
HR Plate2 China Exports 5-10mm, SS 400 16 Sep | 10.59 IST $518 + 5 + 13 + 40
GP 2 China ExportsDX51D+z80, Width 1,000-1,500 mm, thickness 0.5-2mm
17 Sep | 13.22 IST $628 - 2 + 25 + 63
Silico Manganese 2 India Exports 65-16 18 Sep | 18.50 IST $900 - 10 - 10 - 20
Ferro Chrome 2 China Import 10-150mm, HC 60% 16 Sep | 19.08 IST ¢68/lb 0 + 3 0
Manganese Ore 2 India Imports Lumps, Mn 37% 19 Sep | 12.38 IST $4.35/dmtu 0 + 0.075 - 0.35
Ferro Manganese 2 India Exports HC 75% 18 Sep | 18.15 IST $885 - 15 - 15 - 15
Ferro Silicon 2 Bhutan Exports 70% 17 Sep | 18.13 IST $1,100 0 0 01-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@ 2009-2020 www.steelmint.com [email protected] +91 9770056666
DAILY STEEL REPORT Issue 2973, Monday, 21 Sep 2020
China: Ferro chrome market inches up amid buoyant sentiments
HC ferro chrome market maintained the positive development and participants are stillholding intense willingness to prop up alloy price under the support of high yield stainlesssteel...
ON: 2020-09-19 Category: Ferro Alloy Read More
Weekly: Chinese steel market highlights
Chinese steel market showed pessimistic sentiments this week amid falling futures andheavy rainfall witnessed in several regions. HRC contracts listed on the Shanghai FuturesExchange...
ON: 2020-09-19 Category: Finish Flat Read More
Weekly: Global billet market overview
This week, sizeable billet volumes traded in the global billet market with increased prices.The bookings prominently are done for SE Asian destinations and China from Russia andIndia...
ON: 2020-09-19 Category: Semi Finished Read More
Chinese mills turn active in HRC exports as domestic sales soften
There are signs of Chinese mills shifting sales attention to overseas markets withdomestic trade impacted by falling steel futures and rising inventories. SteelMint learnedfrom trade...
ON: 2020-09-19 Category: Finish Flat Read More
China: Weekly coal and coke market highlights
The Chinese metallurgical coke export market has remained bullish this week, althoughsteel mills are yet to agree with the proposed price hike by coking plants. Prices have shotup to...
ON: 2020-09-19 Category: Coal Read More
more news
Copyright@ 2009-2020 www.steelmint.com [email protected] +91 9770056666
DAILY STEEL REPORT Issue 2973, Monday, 21 Sep 2020
Odisha Mining Auction: Three more mines to start production soonSep 19, 2020
10:36
Odisha government’s notices have stirred three miners torespond stating they would start production soon. SteelMint haslearned that Serajjudin which retained the 15.5 mnt capacityBalda iron ore mine and Debabrata Behera who bagged the
Silijora-Kalimati iron ore and manganese mine have assured thestate that they would be starting work soon. Meanwhile, TataSteel has also informed the government that its Sukinda chromemine had filled up with water and it would resume work
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 Sep | 15.44 IST 6,250 + 350 + 950 + 2,800
Fines/lumps 2 Iron Ore Index 0-10 mm, Fe 63% 19 Sep | 15.44 IST 3,450 + 300 + 400 + 1,600
Iron Ore 3 NMDC 6-40 mm, Fe 65.5% 04 Sep | 20.03 IST 3,250 + 300 + 300 + 1,000
Iron Ore 3 NMDC 0 -10 mm, Fe 64% 04 Sep | 20.03 IST 2,960 + 300 + 300 + 1,000
Pellets 2 Raipur 6-20 mm, Fe 64/63% 18 Sep | 18.48 IST 8,900 - 50 + 450 + 2,950
Pellets 2 Bellary 6-20 mm, Fe 63% 18 Sep | 18.48 IST 7,900 0 - 225 + 2,100
Coal 2 Ex-India (East) 25-90 MM, Met Coke, BlastFurnace 16 Sep | 20.52 IST 24,000 0 + 1,500 + 5,000
Graphite Electrode 3 Ex-India 600mm, UHP 17 Sep | 22.49 IST 280,000 0 0 NA
Mill Scale 2 FoR-Kandla Fines, Fe 70/68% 19 Sep | 16.00 IST 3,600 0 + 50 + 850
Scrap 1 Ex-Mumbai HMS 19 Sep | 16.09 IST 24,000 0 + 1,200 + 4,100
Scrap 1 Ex-Alang HMS 19 Sep | 16.09 IST 24,500 - 200 + 900 + 3,400
Pig Iron 1 Ex-Cuttack - - - -
Pig Iron 1 Ex-Ludhiana, Foundary Foundry Grade 19 Sep | 13.48 IST 34,200 + 200 + 400 + 4,600
Sponge Iron 1 Ex-Raipur Mix, FeM 80%, +/-1 19 Sep | 16.13 IST 20,400 + 100 - 100 + 3,800
Sponge Pellet 1 Ex-Raipur Lumps, FeM 80%, +/-1 19 Sep | 16.15 IST 19,500 + 100 + 650 + 3,900
Billet 1 Ex-Mumbai 100x100mm, IS 2831 19 Sep | 16.13 IST 30,600 - 100 + 700 + 2,800
Billet 1 Ex-Raipur 100x100mm, IS 2831 19 Sep | 16.13 IST 29,850 0 + 900 + 2,150
TMT (Re-Bar) Secondarymills 1 Ex-Mumbai 12-25mm, Induction Grade,
IS 1786- 500 Fe 19 Sep | 16.10 IST 33,900 0 + 400 + 2,300
TMT (Re-Bar) Secondarymills 1 Ex-Delhi/NCR 12-25mm, Induction Grade,
IS 1786- 500 Fe 19 Sep | 16.10 IST 36,100 + 100 + 1,600 + 1,200
Structure 1 Ex-Mumbai 40*40 Angle, CommercialGrade 19 Sep | 10.07 IST 35,900 0 0 + 1,400
Wire Rod 1 Ex-Raipur 5.5 mm, Wire Rod,Induction grade 19 Sep | 13.32 IST 33,600 + 100 + 1,600 + 2,600
HRC 2 Ex-Delhi 2.5-8mm, IS2062 16 Sep | 17.58 IST 41,750 - 500 + 1,000 + 6,100
HRC 2 Ex-Mumbai 2.5-8mm, IS2062 16 Sep | 17.58 IST 40,800 - 200 + 50 + 5,050
CRC 2 Ex-Delhi 0.90mm, IS 513 Gr O 16 Sep | 18.07 IST 50,500 + 250 + 5,000 + 10,000
CRC 2 Ex-Mumbai 0.90mm, IS 513 Gr O 16 Sep | 18.07 IST 49,750 + 1,500 + 4,000 + 8,750
HR Plate2 Ex-Mumbai 5-10mm, IS2062 17 Sep | 12.38 IST 39,800 - 500 0 + 4,550
GP 2 Ex-Mumbai 0.8mm, 120 GSM 17 Sep | 16.20 IST 50,600 + 350 + 1,850 + 3,100
Silico Manganese 2 Ex-Raipur 60-14 18 Sep | 18.15 IST 60,500 0 - 2,250 - 167
Ferro Manganese 2 Ex-Raipur HC 70% 18 Sep | 18.11 IST 62,000 0 - 1,000 - 500
Ferro Chrome 2 Ex-Jajpur HC 60% 16 Sep | 19.07 IST 73,000 0 + 10,500 + 8,250
Manganese Ore 2 Ex Balaghat, MOIL Lumps, Mn 37%, Fe 7.5% 12 Sep | 10.19 IST 12,451 0 + 1,132 - 3,215
Chrome Ore 2 Ex-Odisha OMC, E-auction Lumps, Friable 48-50% 09 Jun | 15.52 IST 8,407 NA + 1,882 + 1,061
*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@ 2009-2020 www.steelmint.com [email protected] +91 9770056666
DAILY STEEL REPORT Issue 2973, Monday, 21 Sep 2020
Weekly: Indian steel market snapshot
Indian spot steel trades remained weak this week due to limited demand. However withcurtailed productions through the standalone furnaces & hot rolling mills, the prices ofbillet...
ON: 2020-09-19 Category: Semi Finished Read More
SteelMint billet index unchanged on limited trades- 19th Sep
SteelMint daily billet index has been assessed at INR 29,850/t (0), Exw Raipur on 19thSeptember, 16:00 IST. This index has been derived based on transactions, offers, bids andindica...
ON: 2020-09-19 Category: Semi Finished Read More
Weekly: Global ferrous scrap market overview
Global ferrous scrap market sentiments turned bearish as no deep-sea scrap cargobookings were reported by Turkish steel mills throughout the week. Imported scrapprices in India &...
ON: 2020-09-19 Category: Scrap & Metallics Read More
Odisha Mining Auction: Three more mines to start production soon
Odisha government's notices have stirred three miners to respond stating they wouldstart production soon. SteelMint has learned that Serajjudin which retained the 15.5 mntcapacity Ba...
ON: 2020-09-19 Category: Iron Ore Read More
more news
Copyright@ 2009-2020 www.steelmint.com [email protected] +91 9770056666
DAILY STEEL REPORT Issue 2973, Monday, 21 Sep 2020
Iron Ore
PARTICULAR/DELIVERY SIZE/GRADE DELIVERY PRICE MIN MAX W-O-W 1M 3M
Indian prices (in INR/MT) As on Week 39 ( 21 Sep - 27 Sep )
NMDC 6-40 mm, Fe 65.5% F.O.R Siding 3,250 3,250 3,250 + 300 + 300 + 1,000
NMDC 0 -10 mm, Fe 64% F.O.R Siding 2,960 2,960 2,960 + 300 + 300 + 1,000
Fines, Karnataka e-auction 0 -5 mm, Fe 60% Ex-Mines 1,750 1,750 1,750 + 250 + 250 + 350
Lumps, Karnataka e-auction 10-20mm, Fe 63% Ex-Mines 3,150 3,150 3,150 + 350 + 350 + 650
Odisha Iron Ore Index 5-18 mm, Fe 63%, DR Grade Ex-mines 6,250 6,200 6,300 + 350 + 950 + 2,800
Odisha Iron Ore Index 0-10 mm, Fe 63% Ex-mines 3,450 3,300 3,600 + 300 + 400 + 1,600
Odisha Iron Ore Index 10-30mm, Fe 63%, BF Grade Ex-mines 5,950 5,900 6,000 + 650 + 950 + 2,950Prices last updated on: 2020-09-19,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 21 Sep 2020
CNF China Fines, Fe 61.5% (Australia Origin), Australia - $121 NA NA + 3 - 2 + 21
CNF India Lumps, Fe 64% (South Africa origin), South Africa - $134 $132 $136 0 + 5 + 26.5Prices last updated on: 2020-09-18 18:23:47,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 39 ( 21 Sep - 27 Sep )
Ex-Barbil 6-20 mm, Fe 64/63% FOR Siding 8,150 8,000 8,300 + 100 + 825 + 2,550
Ex-Durgapur 6-20 mm, Fe 63% Ex-Works 8,300 8,300 8,300 - 50 - 25 + 2,650
Ex-Raipur 6-20 mm, Fe 64/63% Ex-Works 8,900 8,800 9,000 - 50 + 450 + 2,950
Ex-Bellary 6-20 mm, Fe 63% Ex-Works 7,900 7,800 8,000 0 - 225 + 2,100Prices last updated on: 2020-09-18,Weekly Assessment, GST @ 5% extra., Barbil and Kandla - Prices Loaded to Wagons
Global prices (in USD/MT) As on Week 39 ( 21 Sep - 27 Sep )
CNF China6-20 mm, Fe 64% (India Origin), India - $139 NA NA + 5 + 11.5 + 28
6-20 mm, Fe 65% (Brazil Origin), Brazil - $151 NA NA + 9.5 + 18.5 + 29
FOB India 6-20 mm, Fe 64% - $127 NA NA + 6 + 12 + 27
Prices last updated on: 2020-09-16,
Coal
Global prices (in USD/MT) As on Week 39 ( 21 Sep - 27 Sep )
FOB Australia Premium HCC - $133 NA NA + 15 + 26.38 + 18.75
Prices last updated on: ,
Scrap
Indian prices (in INR/MT) As on 21 Sep 2020
Ex-Alang HMS(80:20) Ex-Yard 24,500 24,500 24,700 - 200 + 900 + 3,400
Ex-Mumbai HMS(80:20) DAP 24,000 23,900 24,200 0 + 1,200 + 4,100
Ex-Chennai HMS(80:20) DAP 23,900 23,800 24,100 - 100 + 1,400 + 2,700
Ex-Alang HMS(80:20), Ship Breaking Ex-Yard 24,700 24,600 24,800 0 + 1,100 + 3,600Prices last updated on: 2020-09-19 12:37:54,Daily Assessment , Basic Price GST @ 18% extra,
Global prices (in USD/MT) As on Week 39 ( 21 Sep - 27 Sep )
CNF IndiaHMS 1&2(80:20) (Containers, Europe Origin), Europe - $287 $285 $290 - 10 - 6 + 33.25
Shredded (Containers, Europe Origin), Europe - $318 $316 $322 - 7 + 3.4 + 35.5
CNF Turkey HMS 1&2(80:20) (Bulk, US Origin), USA - $298 $295 $300 0 + 13.8 + 34.5Prices last updated on: 2020-09-18,Weekly Assessment
Note:- W-O-W: Week On Week, 1M: Change over last month, 3M: Change over last 3 months
Copyright@ 2009-2020 www.steelmint.com [email protected] +91 9770056666
DAILY STEEL REPORT Issue 2973, Monday, 21 Sep 2020
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 19 Sep 2020
East India Durgapur 21,450 + 50 + 50 + 750 20,400 0 0 + 600
East India Rourkela 20,200 + 200 - 300 + 200 - - - -
Central India Raigarh 20,200 + 100 + 100 + 600 19,200 + 100 + 100 + 600
Central India Raipur 20,400 + 100 - 100 - 100 19,500 + 100 + 100 + 650
South India Bellary 19,000 + 100 0 - 200 18,800 0 - 100 - 400
South India Hyderabad - - - - 19,400 0 - 250 - 300
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 21 Sep 2020
Ex-Mandi HMS(80:20), Old Scrap DAP 23,300 23,100 23,500 - 100 + 700 + 2,100
Ex-Durgapur HMS(80:20) DAP 25,200 25,000 25,400 0 - 800 + 2,400
Ex-Raipur HMS(80:20) DAP 25,000 24,800 25,200 + 100 + 300 + 3,200
Ex-Raipur End Cutting DAP 26,300 26,100 26,500 + 100 + 300 + 3,500
Ex-Ahmedabad HMS(80:20) DAP 24,400 24,300 24,600 0 + 700 + 3,600
Ex-Mumbai HMS(80:20) DAP 24,000 23,900 24,200 0 + 1,200 + 4,100
Ex-Chennai HMS(80:20) DAP 23,900 23,800 24,100 - 100 + 1,400 + 2,700Prices last updated on: 2020-09-19 16:09:43,Daily Assessment , Basic Price GST @ 18% extra, Pig Iron
Indian prices (in INR/MT) As on 21 Sep 2020
Ex-Ludhiana Steel Grade Ex-Works 30,700 30,600 30,800 0 - 200 + 3,900
Ex-Durgapur Steel Grade Ex-Works 28,000 27,800 28,200 0 - 1,000 + 4,000
Ex-Rourkela Steel Grade Ex-Works 28,200 28,000 28,300 0 NA + 5,600
Ex-Raigarh Steel Grade Ex-Works 27,400 27,300 27,500 0 - 1,350 + 3,900
Ex-Raipur Steel Grade Ex-Works 27,900 27,800 28,000 0 - 800 + 4,700
Ex-Ludhiana Foundry Grade Ex-Works 34,200 34,100 34,300 + 200 + 400 + 4,600
Ex-Durgapur Foundry Grade Ex-Works 33,000 32,900 33,100 0 0 + 5,000Prices last updated on: 2020-09-19 13:48:02,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@ 2009-2020 www.steelmint.com [email protected] +91 9770056666
DAILY STEEL REPORT Issue 2973, Monday, 21 Sep 2020
Ingot/Billet
REGION PARTICULARINGOT BILLET REBAR
PRICE CHANGE 1M PRICE CHANGE 1M PRICE CHANGE 1M
Indian prices (in INR/MT) As on 19 Sep 2020
North India Ghaziabad 32,500 0 + 1,600 - - - - - -
North India Mandi Gobindgarh 33,000 - 50 + 600 33,100 - 100 + 450 37,500 + 100 + 600
North India Muzaffarnagar 32,500 0 + 1,700 - - - 35,100 + 300 + 1,600
East India Durgapur 30,300 0 + 700 30,500 + 50 + 700 33,000 0 0
East India Rourkela 29,550 + 250 + 950 29,900 + 200 + 900 33,400 0 + 200
Central India Raigarh 29,250 0 + 950 29,650 + 100 + 1,100 32,900 + 200 + 900
Central India Raipur 29,450 0 + 950 29,850 0 + 900 32,900 + 200 + 500
West India Ahmedabad 30,900 + 100 + 600 31,400 - 100 + 100 34,700 0 - 800
West India Goa 29,700 0 - 2,000 30,000 0 - 2,000 34,000 0 - 1,200
West India Jaipur 31,750 - 50 + 350 - - - - - -
West India Mumbai 30,300 - 100 + 700 30,600 - 100 + 700 33,900 0 + 400
South India Hyderabad 30,300 + 300 + 1,000 30,500 + 300 + 1,000 34,000 0 + 800
South India Chennai - - - 31,300 0 + 300 35,100 0 + 100
West India Jalna - - - - - - 33,900 + 200 + 100
South India Bangalore - - - - - - 34,200 0 - 1,300
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 21 Sep 2020
Ex-Mandi Gobindgarh 12-25mm Ex-Works 37,500 37,300 37,600 44,300 + 100 + 600 + 1,600
Ex-Muzaffarnagar 12-25mm Ex-Works 35,100 35,000 35,200 41,400 + 300 + 1,600 + 1,400
Ex-Durgapur 12-25mm Ex-Works 33,000 32,800 33,200 38,900 0 0 + 1,000
Ex-Rourkela 12-25mm Ex-Works 33,400 33,200 33,500 39,400 0 + 200 + 1,800
Ex-Raigarh 12-25mm Ex-Works 32,900 32,700 33,000 38,800 + 200 + 900 + 2,200
Ex-Raipur 12-25mm Ex-Works 32,900 32,800 33,000 38,800 + 200 + 500 + 1,600
Ex-Ahmedabad 12-25mm Ex-Works 34,700 34,500 34,900 40,900 0 - 800 + 900
Ex-Goa 12-25mm Ex-Works 34,000 33,800 34,200 40,100 0 - 1,200 - 100
Ex-Jalna 12-25mm Ex-Works 33,900 33,700 34,000 40,000 + 200 + 100 + 1,100
Ex-Mumbai 12-25mm Ex-Works 33,900 33,700 34,000 40,000 0 + 400 + 2,300
Ex-Bangalore 12-25mm Ex-Works 34,200 34,000 34,400 40,400 0 - 1,300 - 200
Ex-Chennai 12-25mm Ex-Works 35,100 35,000 35,400 41,400 0 + 100 - 400
Ex-Hyderabad 12-25mm Ex-Works 34,000 33,800 34,100 40,100 0 + 800 + 1,800Prices last updated on: 2020-09-19 16:10:01,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 21 Sep 2020
North India Ghaziabad - - - - - - 37,600 + 100 + 300
East India Durgapur 33,300 0 0 35,800 0 0 34,800 0 0
Central India Raipur - - - 33,500 + 100 + 500 34,100 + 200 + 700
West India Ahmedabad 34,400 + 100 - 400 34,400 + 100 - 400 35,400 + 100 - 400
West India Mumbai 35,900 0 0 36,700 0 0 37,100 0 0
South India Hyderabad 35,400 0 + 700 35,000 0 + 700 - - -
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@ 2009-2020 www.steelmint.com [email protected] +91 9770056666
DAILY STEEL REPORT Issue 2973, Monday, 21 Sep 2020
Wire Rod
PARTICULAR SIZE/GRADE RAIPUR CHANGE W-O-W DURGAPUR CHANGE W-O-W
Indian prices (in INR/MT) As on date 19-Sep-2020
Wire Rod, Induction grade 5.5 mm 33,600 0 + 300 33,300 0 + 400
Binding Wire, Induction grade 20 Gauge 40,700 0 + 700 42,000 0 + 200
Induction grade, 12 Gauge HB Wire 35,800 0 + 100 - - -
HB Wire, Induction grade 12 Gauge - - - 35,300 0 + 400
Barbed Wire, Induction grade 12*12 Gauge 42,800 0 + 300 41,500 0 + 300
GI Wire, Induction grade 12 Gauge 40,500 0 + 500 45,000 0 + 300
Wire Rod, BF grade 5.5-6.0mm - - - - - -
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 19 Sep 2020
North India Delhi 41,750 - 500 - 500 + 1,000 50,500 + 250 + 250 + 5,000
North India Ludhiana 42,500 + 750 + 750 + 1,900 50,750 + 2,000 + 2,000 + 4,550
East India Kolkata 40,750 + 1,000 + 1,000 + 2,250 48,250 + 1,500 + 1,500 + 2,750
West India Ahmedabad 42,000 + 400 + 400 + 1,200 49,500 + 500 + 500 + 3,250
West India Mumbai 40,800 - 200 - 200 + 50 49,750 + 1,500 + 1,500 + 4,000
South India Chennai 41,750 0 0 + 1,250 50,500 + 2,250 + 2,250 + 4,500
South India Hyderabad 42,750 + 500 + 500 + 2,000 51,000 + 1,500 + 1,500 + 5,250All prices are basic, GST @ 18% extra.
Ferro Alloys
PARTICULAR/DELIVERY SIZE/GRADE DELIVERY PRICE MIN MAX W-O-W 1M 3M
Silico Manganese25-150 mm, 60-14 Ex-Durgapur 61,500 NA NA 0 - 1,250 + 667
60-14 Ex-Raipur 60,500 NA NA 0 - 2,250 - 167
Ferro Silicon HC 70% Ex-Guwahati 82,000 NA NA - 2,000 - 10,000 + 7,000
Ferro Manganese HC 70% Ex-Durgapur 62,500 NA NA 0 - 500 + 500
Ferro Chrome HC 60% Ex-Jajpur 73,000 NA NA 0 + 10,500 + 8,250
Chrome Ore Friable 54%+ Ex-Jajpur (OMC-eAuction) 9,804 NA NA NA + 1,532 + 1,469
Prices last updated on: 2020-06-09,OMC E-Auction Prices Including Royalty
Ferro Chrome 10-150mm, HC 60% (cents/lb), India CNF China ¢68/lb NA NA 0 + 3 0
Ferro Manganese HC 75% FOB India $885 NA NA - 15 - 15 - 15
Silico Manganese 65-16 FOB India $900 NA NA - 10 - 10 - 20
Prices last updated on: 2020-09-18,Weekly Assessment
Note:- W-O-W: Week On Week, 1M: Change over last month, 3M: Change over last 3 months
Copyright@ 2009-2020 www.steelmint.com [email protected] +91 9770056666
DAILY STEEL REPORT Issue 2973, Monday, 21 Sep 2020
SteelMint billet index unchanged on limited trades- 19th Sep19 Sep 2020
Rationale:
SteelMint daily billet index has been assessed at INR 29,850/t (0), Exw Raipur on 19th September, 16:00 IST.
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 - One trade was recorded in the 11.30 to 3.30 pm SteelMint trading window at INR 29,800/t and considered for final●
price calculation as T1 inputs.
Other Price Indicators (Firm bids/offers) T2 - There were eleven offers reported in the trading window and considered as T2 inputs.●
The average price of these was INR 29,942/t and given a 50% weightage in the final price calculation.
The final price for billet Exw Raipur was at INR 29,871/t, rounded to INR 29,850/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
Copyright@ 2009-2020 www.steelmint.com [email protected] +91 9770056666
DAILY STEEL REPORT Issue 2973, Monday, 21 Sep 2020
Global PricesCOMMODITY PARTICULAR GRADE/SIZE PRICE CHANGE W-O-W 1M 3M
China
Export
Billet FOB China 125*125, BF Grade $433 - 6 - 7.5 + 4.5 + 22.5
TMT (Re-Bar) FOB China Commerical $480 + 3 + 6.5 + 15 + 30
Wire Rod FOB China 5.5mm NA NA NA NA NA
HRC FOB China 2.5mm $518 - 10 - 10 + 10 + 75
CRC FOB China 0.90 mm $608 + 13 + 13 + 50 + 118
Import
Iron Ore CNF China Lumps Fe 64/63%, South Africa $117 - 2 - 6 - 7 + 12
Iron Ore CNF China Fines Fe 62%, Australia $125 + 3 - 4 - 2 + 21
Pellets CNF China 6-20mm, BF Grade $151 + 9.5 + 9.5 + 18.5 + 29
Coking Coal CNF China Premium HCC, Australia $142 + 11.25 + 16.88 + 24.12 + 17
Mill Scale CNF China 70/68% NA NA NA NA NA
FeCr CNF China HC 60% ¢68/lb 0 0 + 3 0
Mn Ore CNF China Mn 46% Lumps, Australia $4.85/dmtu 0 0 0 - 0.7
Mn Ore CNF China Mn 38%, South Africa $4.35/dmtu 0 0 0 0 CIS Nations
Export
Billet FOB Black Sea 125*125, BF Grade $415 0 + 3.5 + 17 + 45
Slabs FOB Black Sea Commercial $463 + 20 + 20 + 33 + 90
Pig Iron FOB Black Sea Steel Grade $365 + 17 + 17 + 25 + 52
TMT (Re-Bar) FOB Black Sea Commercial $435 0 + 8 + 23 + 58
HRC FOB Black Sea 2.5mm $510 + 12 + 12 + 32 + 100
CRC FOB Black Sea 0.90mm $573 + 23 + 23 + 30 + 108 Japan/Korea
Export
HRC FOB Korea 2.5mm $525 0 0 + 27 + 85
Import
FeCr CNF Japan HC 60% ¢71/lb 0 0 + 3 0
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
Copyright@ 2009-2020 www.steelmint.com [email protected] +91 9770056666
DAILY STEEL REPORT Issue 2973, Monday, 21 Sep 2020
COMMODITY PARTICULAR GRADE/SIZE PRICE CHANGE W-O-W 1M 3M
India
Export
Iron Ore FOB India Fines, Fe 58/57% NA NA NA NA NA
Mill Scale FOB India 70/68% NA NA NA NA NA
Billet FOB India 95*95mm $433 0 0 + 18 + 45
Billet FOB India 150*150mm $430 0 + 2 + 20 + 49.5
Pig Iron FOB India Steel Grade $365 + 5 + 5 + 15 + 50
HRC FOB India 2.5mm $530 0 0 + 22 + 85
CRC FOB India 0.9mm $595 0 0 + 30 + 120
SiMn FOB India 60/14% $840 0 0 0 + 22.5
FeMn FOB India HC 75% $885 - 15 - 15 - 15 - 15
FeSi FOB Bhutan 70-75% $1,100 0 0 0 0
Import
Iron Ore CNF India Lumps Fe 64%, South Africa $134 0 0 + 5 + 26.5
Scrap CNF India HMS 1&2 ,Middle East NA NA NA NA NA
Scrap CNF India Shredded, Europe $318 - 7 - 7 + 3.4 + 35.5
Coking Coal CNF India Premium HCC, Australia $145.65 + 15 + 18.13 + 25 + 19.72
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 $543 - 15 - 15 + 10 + 75
HRC CNF India 2.5mm, Korea $560 0 0 + 30 + 95
CRC CNF India 0.90mm, China $623 + 3 + 3 + 40 + 108
HR Plate CNF India A 36 NA NA NA NA NA
Mn Ore CNF India Mn 38%, South Africa $4.35/dmtu 0 0 0 0 Europe & US
Export
Pig Iron FOB Brazil Steel Grade $368 + 18 + 18 + 28 + 53
Import
Scrap CFR Turkey HMS (80:20), US $298 0 - 3 + 13.8 + 34.5
HRC CIF Europe 2.5mm $558 - 12 - 12 + 10 + 75 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 $545 0 0 + 10 + 90
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
Copyright@ 2009-2020 www.steelmint.com [email protected] +91 9770056666
DAILY STEEL REPORT Issue 2973, Monday, 21 Sep 2020
IntelIron Ore
» India's Vizag Steel to conduct auction for 5,000 t pooled iron Sep 19, 2020 10:59
» Spot iron ore price rebounds as futures rise Sep 19, 2020 10:51
» DCE iron ore futures close higher Sep 18, 2020 16:15
» India: AM/NS India to import 110,000 t pellets from Bahrain Sep 18, 2020 13:17
» Spot price for iron ore fines extend weaknesses Sep 18, 2020 10:40
Coal» Australian coking coal price hits 5-month high Sep 19, 2020 11:55
» Australian coking coal price keeps rising Sep 18, 2020 12:09
» Australian coking coal prices continue rising Sep 17, 2020 12:33
» Australian coking coal price shoots up Sep 16, 2020 12:26
» Australian coking coal price remains stable Sep 15, 2020 12:10
Scrap & Metallics» South Korea ferrous scrap imports down 9% m-o-m in Aug Sep 19, 2020 12:55
» India: Melting scrap prices remain stable Sep 18, 2020 18:45
» India : Bids decline by INR 400/t ($5) in SAIL BSP pig iron auction Sep 18, 2020 16:51
» Central India: Falling furnace production weighs on sponge iron prices Sep 18, 2020 16:49
» Vietnam ferrous scrap imports increase by 28% in Aug'20 Sep 18, 2020 13:15
Steel» India: APL Apollo increases pipe price by INR 1,000/t ($14) Sep 19, 2020 17:17
» Vietnam steel imports fall by 2.8% y-o-y in Jan-Jul'20 - VSA Sep 19, 2020 17:05
» Vietnam: Steel exports reach over 3.9 mn t in Jan-Jul'20 Sep 19, 2020 17:03
» India: SAIL announces third price hike in CRC for Sept Sep 19, 2020 17:02
» Vietnam's finished steel output declines 4% during Jan-Aug'20 Sep 19, 2020 16:52
Ferro Alloy» South32's manganese ore offers to China unchanged for Nov'20 Sep 18, 2020 15:34
» India: Karnataka manganese ore auction receives moderate response Sep 17, 2020 16:03
» India's SAIL to conduct auction for 1,000 t silico manganese Sep 16, 2020 12:55
» India: SAIL's silico manganese auction receives limited response Sep 09, 2020 18:25
» World manganese ore supply rose by 4% in Jul'20: IMnI Sep 03, 2020 17:04
Copyright@ 2009-2020 www.steelmint.com [email protected] +91 9770056666
DAILY STEEL REPORT Issue 2973, Monday, 21 Sep 2020
Live TendersCOMPANY TYPE GRADE QUANTITY EXPIRY DATE LOCATION VIEW
Billet/ingot/slab
SAIL Sell Assorted Billet 1,400 MT 23 Sep, 2020 Burnpur, West Bengal, India
SAIL Sell Secondary steels 16,271 MT 22 Sep, 2020 Bhilai, Chattisgarh, India
RINL Sell 320*250MM 600 MT 21 Sep, 2020 Vishakhapatnam, Andhra Pradesh, India
RINL Sell 320*250MM 750 MT 21 Sep, 2020 Vishakhapatnam, Andhra Pradesh, India
Coking
RINL Buy Low Ash Coking Coal 4 MnT 30 Oct, 2020 Visakhapatnam, Andhra Pradesh, India
Fines/lumps
SAIL Sell Kiriburu Iron Ore Fines Size: [-10 mm]Fe:62% (Indicative)
200,000 MT 16 Oct, 2020 Kolkata, West Bengal, India
SAIL Sell Meghahatuburu Iron Ore Fines Size: [-10mm] Fe:62% (Indicati
300,000 MT 09 Oct, 2020 Kolkata, West Bengal, India
SAIL Sell Gua Iron Ore Fines (From old dump) Size:[-10 mm] Fe:60% (In
500,000 MT 14 Oct, 2020 Kolkata, West Bengal, India
SAIL Sell Barsua - Iron Ore Tailing Size: [-]10 mmFe:54.5%, Size: [-]
100,000 MT 01 Oct, 2020 Kolkata, West Bengal, India
KIOCL Buy Fe 63.5 % 50,000 MT 21 Sep, 2020 Bangalore, Karnataka, India
SAIL Sell Size:[-10 mm] Fe:60% (Indicative) 28,000 MT 24 Sep, 2020 Bhilai, Chattisgarh, India
SAIL Sell Barsua - Iron Ore Fines Size: [-]10 mmFe:61.3% (Indicative)
104,000 MT 30 Sep, 2020 Kolkata, West Bengal, India
SAIL Sell Bolani Iron Ore Fines (Dump fines) Size: [-]10 mm Fe:59%
200,000 MT 05 Oct, 2020 Kolkata, West Bengal, India
SAIL Sell Bolani - Iron Ore Fines Size: [-]10 mmFe:62.5%
296,000 MT 06 Oct, 2020 Kolkata, West Bengal, India
NMDC Sell Fe : 63.52% 4,098 MT 28 Sep, 2020 Vishakhapatnam, Andhra Pradesh, India
MSTC Sell Lumps & fines 358,000 MT 25 Sep, 2020 Bangalore, Karnataka, India
NMDC Sell Baila rom 40,000 MT 29 Sep, 2020 Dantewada, Chattisgarh, India
NMDC Sell BAILA LUMP 40,000 MT 29 Sep, 2020 Dantewada, Chattisgarh, India
Hr Plate
SAIL Sell Secondary flats 2,166 MT 22 Sep, 2020 Rourkela, Odisha, India
SAIL Sell Secondary flats 3,191 MT 23 Sep, 2020 Bokaro, Jharkhand, India
Hrc
TATA BSL LTD Sell 1.6 to 6 mm HR-CR 1,000 MT 21 Sep, 2020 Ghaziabad, Uttar Pradesh, India
Manganese Ore
MSTC Sell Mn Ore 9,072 MT 25 Sep, 2020 Bangalore, Karnataka, India
Melting Scrap
HMCL Sell Melting scrap 700 MT 23 Sep, 2020 Haridwar, Uttarakhand, India
NALCO Sell Melting scrap 600 MT 22 Sep, 2020 Koraput, Odisha, India
WBPDCL Sell Dif grade 1,000 MT 29 Sep, 2020 Kolkata, West Bengal, India
SAIL Sell Ingot mould & iron scrap 4,534 MT 22 Sep, 2020 Bhilai, Chattisgarh, India
RINL Sell Pooled iron 5,000 MT 24 Sep, 2020 Vishakhapatnam, Andhra Pradesh, India
SAIL Sell Mixed melting 725 MT 22 Sep, 2020 Bhadravathi, Karnataka, India
Pig Iron
SAIL Sell Steel grade 3,000 MT 23 Sep, 2020 Bhilai, Chattisgarh, India
Pooled Iron
TATA Steel Sell pooled iron 580 MT 22 Sep, 2020 Jamshedpur, Jharkhand, India
View All
Copyright@ 2009-2020 www.steelmint.com [email protected] +91 9770056666
