issue : 3169 saturday, 26 jun 2021

Issue : 3169 Saturday, 26 Jun 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 [email protected] +91 9770056666

https://www.steelmint.com/insights/se-asia-billet-import-prices-decline-in-recent-deals-230048


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

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https://www.steelmint.com/insights/japan-south-korean-mills-raise-bid-for-scrap-domestic-prices-follow-suit-229887



https://www.steelmint.com/insights/tight-iron-ore-supply-in-china-to-ease-gradually-mysteel-229837



https://www.steelmint.com/insights/chin-as-retail-steel-stocks-up-further-by-1-7-w-o-w-229834



https://www.steelmint.com/insights


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


https://www.steelmint.com/insights/india-imported-scrap-market-quiet-on-bid-offer-disparities-230007


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...


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...


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


https://www.steelmint.com/insights/steelmint-pellex-falls-marginally-by-inr-50-t-as-trades-dry-up-230058



https://www.steelmint.com/insights/india-jspl-may-cut-hr-plate-prices-by-inr-1000-t-for-jul-deliveries-229959



https://www.steelmint.com/insights/odisha-moves-to-seize-left-over-iron-ore-mat-of-old-lessees-230027






https://www.steelmint.com/insights/australian-coking-coal-prices-strengthen-on-sustained-demand-supply-crunch-229976




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 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


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,


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



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 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



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


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


https://youtu.be/_ykpTJTTyTI


Ingot/Billet

REGION PARTICULARINGOT BILLET REBAR

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


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


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


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




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


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


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




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


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 $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



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



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



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


https://www.steelmint.com/tender/auction-of-high-carbon-ferro-manganese-15286

https://www.steelmint.com/tender/auction-of-iron-ore-fines-15381

https://www.steelmint.com/tender/auction-of-manganese-ore-15240

https://www.steelmint.com/tender/export-tender-for-pig-iron-15443

https://www.steelmint.com/tenders


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

https://www.tathya.earth

issue : 3169 saturday, 26 jun 2021

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