Issue : 3007 Saturday, 07 Nov 2020 · 2020. 11. 7. · DAILY STEEL REPORT. Issue 3007, Saturday, 07 Nov 2020. Australian coking coal exports dwindle on suppressed demand. Australian

Issue : 3007 Saturday, 07 Nov 2020

DAILY STEEL REPORT Issue 3007, Saturday, 07 Nov 2020

Australian coking coal exports dwindle on suppressed demandNov 06, 2020

20:30

Australian coking coal prices have held mostly steady this weekafter the steep decline following China’s informal ban onAustralian coal imports from October 12. Australian coking coalshipments are struggling with supply glut China's

verbal notice to halt imports of Australian coal distorted the spotmarket with China-bound Australian coal cargoes being offeredelsewhere at discounted levels as China-based importers becameobliged to source coking coal from non-Australian o

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% 06 Nov | 10.08 IST $113 - 1 - 9 - 4

Iron Ore Lumps 1 Indian Imports Lumps, Fe 64% 06 Nov | 10.08 IST $130 0 + 5 + 7

Pellets ( Brazil ) 2 China Imports 6-20 mm, Fe 65% 04 Nov | 18.11 IST $149 - 2 + 8 + 17

Pellets ( India ) 2 China Imports 6-20 mm, Fe 64% 04 Nov | 18.11 IST $136.5 - 1 + 3.5 + 14.5

Coking 2 Australia Exports Premium HCC 06 Nov | 16.36 IST $107.5 - 1.5 - 28.12 - 0.5

Met Coke 2 India Imports 64% CSR 06 Nov | 16.37 IST $304 + 3 + 16 + 23

Non Coking 2 India Imports RB2 06 Nov | 17.49 IST $59 + 1 - 1.5 + 8.5

Graphite Electrode 2 China Exports 600mm, UHP 05 Nov | 14.46 IST 18,750 0 0 0

Scrap 2 India Imports Shredded 06 Nov | 18.09 IST $328 + 5 + 19.4 + 13

Scrap 2 Turkey Imports HMS 1&2 06 Nov | 18.09 IST $297 0 + 7.4 + 12

Scrap 2 Pakistan Imports Shredded 06 Nov | 18.09 IST $327 0 + 19 + 12

Scrap 2 Bangladesh Imports Shredded 06 Nov | 18.09 IST $340 0 + 20 + 15

Scrap ( Ship Breaking ) 2 India Imports Containers 31 Oct | 10.46 IST $360 0 + 10 + 25

Billet 2 India Exports 150*150, 3SP/4SP 06 Nov | 18.17 IST $420 0 + 3.5 + 15

Billet 2 China Exports 150*150, Q235 06 Nov | 18.17 IST $461 + 11 + 35 + 32.5

Billet 2 Russia Exports 130*130, 3SP 06 Nov | 18.17 IST $415 + 7 + 12 + 17

Billet 2 Iran Exports 130*130, 3SP 06 Nov | 18.17 IST $413 0 + 8 + 15

Sponge Iron 2 India Exports Lumps, FeM 80 05 Nov | 18.04 IST $347 + 20 + 35.5 + 17

Pig Iron 2 India Exports Steel Grade 31 Oct | 12.16 IST $355 0 - 5 + 20

Pig Iron 2 Russia Exports Steel Grade 31 Oct | 12.16 IST $355 + 5 0 + 24

HRC 2 China Exports 3-12mm, SS400 03 Nov | 19.04 IST $528 + 5 + 25 + 20

HRC 2 India Exports 2.5 mm, SAE1006 03 Nov | 19.04 IST $530 + 4 + 20 + 22

HRC 2 South Korea Exports 1.6-2.5mm, SAE 1006 03 Nov | 19.04 IST $528 + 5 + 5 + 50

HRC ( China ) 2 Vietnam Imports 2-3mm, SAE 1006 03 Nov | 19.04 IST $533 + 3 + 20 + 15

CRC 2 India Exports 0.9 mm, IS 513 Gr.O 04 Nov | 10.38 IST $575 0 0 + 30

CRC 2 China Exports 0.90mm, SPCC 04 Nov | 10.38 IST $615 + 10 + 27 + 80

HR Plate2 China Exports 5-10mm, SS 400 04 Nov | 10.45 IST $518 0 + 10 + 13

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

05 Nov | 13.12 IST $633 + 5 + 15 + 38

Silico Manganese 2 India Exports 65-16 06 Nov | 15.41 IST $850 0 - 40 - 30

Ferro Chrome 2 China Import 10-150mm, HC 60% 04 Nov | 18.14 IST ¢69/lb - 1 + 1 + 4

Manganese Ore 2 India Imports Lumps, Mn 37% 31 Oct | 15.02 IST $4.05/dmtu 0 - 0.3 NA

Ferro Manganese 2 India Exports HC 75% 06 Nov | 15.58 IST $850 0 - 10 - 20

Ferro Silicon 2 Bhutan Exports 70% 05 Nov | 17.44 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

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Australian coking coal exports dwindle on suppressed demand

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Brazil iron ore exports down 9% y-o-y in Oct'20

Brazil -world's second-largest iron ore exporter recorded drop in its iron ore exportvolumes in Oct'20. Export volumes stood at 31.2 mn t in Oct'20, down 9% as against 34.1mn t in Oc...

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Japanese scrap export prices up further in recent bids by South Koreanmills

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China's Shagang Steel hikes scrap purchase price on strong steel demand

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India: OMC to conduct chrome ore auctions on 09-Nov-2020; baseprice reduced by 10%

Nov 06, 202017:54

Odisha Mining Corporation (OMC) is all set to conduct its 64thauction for Chrome ore on 09-Nov-2020. The details of theforthcoming auctions are as shown below: OMC reduced the baseprices of various grades of Chrome Ore (Friable) by

10% m-o-m for Nov auctions. The total quantity offered for theauction is 1,13,100t, out of which 30,100t is for regular grade, whilethe rest is for subgrade (less than 40pc) ores. The reduction in thebase price can be attributed

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 31 Oct | 16.43 IST 6,550 + 300 + 300 + 1,950

Fines/lumps 2 Iron Ore Index 0-10 mm, Fe 63% 31 Oct | 16.43 IST 4,300 + 400 + 550 + 1,950

Iron Ore 3 NMDC 6-40 mm, Fe 65.5% 04 Nov | 10.21 IST 3,600 + 150 + 150 + 650

Iron Ore 3 NMDC 0 -10 mm, Fe 64% 04 Nov | 10.21 IST 3,310 + 150 + 150 + 650

Pellets 2 Raipur 6-20 mm, Fe 64/63% 06 Nov | 18.25 IST 9,750 + 400 + 1,450 + 1,550

Pellets 2 Bellary 6-20 mm, Fe 63% 06 Nov | 18.25 IST 9,700 + 400 + 1,900 + 1,775

Coal 2 Ex-India (East) 25-90 MM, Met Coke, BlastFurnace 28 Oct | 16.59 IST 23,000 0 - 1,250 + 3,000

Graphite Electrode 3 Ex-India 600mm, UHP 03 Nov | 11.31 IST 270,000 NA NA - 10,000

Mill Scale 2 FoR-Kandla Fines, Fe 70/68% 31 Oct | 17.07 IST 4,650 0 + 750 + 1,400

Scrap 1 Ex-Mumbai HMS 06 Nov | 17.03 IST 25,400 0 + 1,700 + 1,300

Scrap 1 Ex-Alang HMS 06 Nov | 17.03 IST 25,000 + 700 + 1,300 - 200

Pig Iron 1 Ex-Ludhiana, Foundary Foundry Grade 06 Nov | 15.59 IST 36,800 0 + 3,100 + 2,050

Sponge Iron 1 Ex-Raipur Mix, FeM 80%, +/-1 06 Nov | 17.08 IST 23,800 - 100 + 3,500 + 1,900

Sponge Pellet 1 Ex-Raipur Lumps, FeM 80%, +/-1 06 Nov | 17.04 IST 22,900 - 100 + 3,600 + 1,900

Billet 1 Ex-Mumbai 100x100mm, IS 2831 06 Nov | 18.08 IST 34,250 - 50 + 3,150 + 2,250

Billet 1 Ex-Raipur 100x100mm, IS 2831 06 Nov | 18.08 IST 33,200 - 350 + 3,400 + 2,200

TMT (Re-Bar) Secondarymills 1 Ex-Mumbai

12-25mm, Induction Grade,IS 1786- 500 Fe 06 Nov | 17.05 IST 37,300 + 200 + 2,700 + 2,700

TMT (Re-Bar) Secondarymills 1 Ex-Delhi/NCR

12-25mm, Induction Grade,IS 1786- 500 Fe 06 Nov | 17.05 IST 38,000 - 100 + 2,100 + 1,900

Structure 1 Ex-Mumbai 40*40 Angle, CommercialGrade 06 Nov | 10.06 IST 38,500 + 100 + 2,200 + 1,100

Wire Rod 1 Ex-Raipur 5.5 mm, Wire Rod,Induction grade 06 Nov | 16.44 IST 36,500 0 + 3,200 + 2,200

HRC 2 Ex-Delhi 2.5-8mm, IS2062 04 Nov | 18.57 IST 45,250 + 500 + 1,650 + 5,500

HRC 2 Ex-Mumbai 2.5-8mm, IS2062 04 Nov | 18.57 IST 44,500 + 1,500 + 1,750 + 5,000

CRC 2 Ex-Delhi 0.90mm, IS 513 Gr O 06 Nov | 17.00 IST 54,000 + 500 + 500 + 9,250

CRC 2 Ex-Mumbai 0.90mm, IS 513 Gr O 06 Nov | 17.00 IST 54,500 + 1,000 + 1,250 + 9,400

HR Plate2 Ex-Mumbai 5-10mm, IS2062 06 Nov | 16.46 IST 44,750 + 1,625 + 2,450 + 5,450

GP 2 Ex-Mumbai 0.8mm, 120 GSM 06 Nov | 17.21 IST 52,300 + 1,175 + 50 + 4,050

Silico Manganese 2 Ex-Raipur 60-14 06 Nov | 15.40 IST 59,000 + 1,000 - 1,000 - 2,250

Ferro Manganese 2 Ex-Raipur HC 70% 06 Nov | 15.57 IST 60,000 - 500 - 500 - 3,000

Ferro Chrome 2 Ex-Jajpur HC 60% 04 Nov | 18.13 IST 68,750 - 1,250 - 5,250 + 6,750

Manganese Ore 2 Ex Balaghat, MOIL Lumps, Mn 37%, Fe 7.5% 07 Oct | 11.21 IST 13,385 0 + 934 NA

Chrome Ore 2 Ex-Odisha OMC, E-auction Lumps, Friable 48-50% 07 Oct | 16.48 IST 11,810 NA NA 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


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Iron Ore

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

Indian prices (in INR/MT) As on Week 45 ( 02 Nov - 08 Nov )

NMDC 6-40 mm, Fe 65.5% F.O.R Siding 3,600 3,600 3,600 + 150 + 150 + 650

NMDC 0 -10 mm, Fe 64% F.O.R Siding 3,310 3,310 3,310 + 150 + 150 + 650

Fines, Karnataka e-auction 0 -5 mm, Fe 60% Ex-Mines 2,250 2,250 2,250 + 500 + 500 + 930

Lumps, Karnataka e-auction 10-20mm, Fe 63% Ex-Mines 3,450 3,450 3,450 + 300 + 300 + 890

Odisha Iron Ore Index 0-5mm, Fe 57% ex-mines 1,900 1,800 2,000 NA NA NA

Prices last updated on: 2020-11-05,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 07 Nov 2020

CNF China Fines, Fe 61.5% (Australia Origin), Australia - $113 NA NA - 1 - 9 - 4

CNF India Lumps, Fe 64% (South Africa origin), South Africa - $130 $128 $132 0 + 5 + 7Prices last updated on: 2020-11-06 10:08:08,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 45 ( 02 Nov - 08 Nov )

Ex-Barbil 6-20 mm, Fe 64/63% FOR Siding 8,900 8,800 9,000 + 650 + 1,250 + 1,850

Ex-Durgapur 6-20 mm, Fe 63% Ex-Works 9,500 9,500 9,500 + 600 + 1,975 + 1,575

Ex-Raipur 6-20 mm, Fe 64/63% Ex-Works 9,750 9,700 9,800 + 400 + 1,450 + 1,550

Ex-Bellary 6-20 mm, Fe 63% Ex-Works 9,700 9,600 9,800 + 400 + 1,900 + 1,775Prices last updated on: 2020-11-06,Weekly Assessment, GST @ 5% extra., Barbil and Kandla - Prices Loaded to Wagons

Global prices (in USD/MT) As on Week 45 ( 02 Nov - 08 Nov )

CNF China6-20 mm, Fe 64% (India Origin), India - $136.5 NA NA - 1 + 3.5 + 14.5

6-20 mm, Fe 65% (Brazil Origin), Brazil - $149 NA NA - 2 + 8 + 17

FOB India 6-20 mm, Fe 64% - $126 NA NA - 0.5 + 4 + 17

Prices last updated on: 2020-11-04,

Coal


FOB Australia Premium HCC - $107.5 NA NA - 1.5 - 28.12 - 0.5

Prices last updated on: ,

Scrap

Indian prices (in INR/MT) As on 07 Nov 2020

Ex-Alang HMS(80:20) Ex-Yard 25,000 25,000 25,200 + 700 + 1,300 - 200

Ex-Mumbai HMS(80:20) DAP 25,400 25,200 25,500 0 + 1,700 + 1,300

Ex-Chennai HMS(80:20) DAP 24,500 24,300 24,600 0 + 1,800 + 1,700

Ex-Alang HMS(80:20), Ship Breaking Ex-Yard 25,100 25,000 25,200 + 700 + 1,400 - 100Prices last updated on: 2020-11-06 11:27:48,Daily Assessment , Basic Price GST @ 18% extra,


CNF IndiaHMS 1&2(80:20) (Containers, Europe Origin), Europe - $310 $308 $312 + 7 + 25 + 24

Shredded (Containers, Europe Origin), Europe - $328 $325 $332 + 5 + 19.4 + 13

CNF Turkey HMS 1&2(80:20) (Bulk, US Origin), USA - $297 NA NA 0 + 7.4 + 12

Prices last updated on: 2020-11-06,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


East India Durgapur 23,800 0 + 1,500 + 3,100 22,700 - 100 + 1,400 + 3,100

East India Rourkela 22,800 - 200 + 1,200 + 3,200 - - - -

Central India Raigarh 23,300 0 + 1,700 + 3,300 22,300 0 + 1,700 + 3,300

Central India Raipur 23,800 - 100 + 1,100 + 3,500 22,900 - 100 + 1,200 + 3,600

South India Bellary 22,300 + 300 + 1,200 + 3,500 22,000 + 50 + 1,000 + 3,600

South India Hyderabad - - - - 22,500 - 100 + 900 + 3,500

All prices are basic, GST extra. Scrap



Ex-Mandi HMS(80:20), Old Scrap DAP 24,600 24,400 24,700 - 300 + 1,600 + 700

Ex-Durgapur HMS(80:20) DAP 25,600 25,500 25,700 - 200 + 900 - 1,100

Ex-RaipurHMS(80:20) DAP 26,600 26,500 26,800 + 300 + 1,700 + 1,100

End Cutting DAP 28,400 28,300 28,700 + 400 + 2,200 + 1,600

Ex-Ahmedabad HMS(80:20) DAP 24,700 24,500 24,800 - 100 + 1,000 + 100

Ex-Mumbai HMS(80:20) DAP 25,400 25,200 25,500 0 + 1,700 + 1,300

Ex-Chennai HMS(80:20) DAP 24,500 24,300 24,600 0 + 1,800 + 1,700

Ex-Hyderabad HMS(80:20) DAP 25,400 25,300 25,500 0 + 2,000 + 2,300Prices last updated on: 2020-11-06 17:03:44,Daily Assessment , Basic Price GST @ 18% extra, Pig Iron


Ex-Ludhiana Steel Grade Ex-Works 32,700 32,500 32,900 + 200 + 2,200 + 900

Ex-Durgapur Steel Grade Ex-Works 30,600 30,500 30,700 + 100 + 2,600 + 1,300

Ex-Rourkela Steel Grade Ex-Works 28,800 28,700 28,900 + 800 + 1,300 NA

Ex-Raigarh Steel Grade Ex-Works 28,800 28,700 29,000 0 + 1,300 - 400

Ex-Raipur Steel Grade Ex-Works 28,800 28,600 29,000 0 + 1,300 - 600

Ex-Ludhiana Foundry Grade Ex-Works 36,800 36,600 37,000 0 + 3,100 + 2,050

Ex-Durgapur Foundry Grade Ex-Works 33,000 32,900 33,100 0 0 NA

Prices last updated on: 2020-11-06 15:59:51,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


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Ingot/Billet

REGION PARTICULARINGOT BILLET REBAR

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


North India

Ghaziabad 34,000 - 200 + 2,600 - - - - - -

Mandi Gobindgarh 35,200 - 300 + 2,500 35,450 - 450 + 2,450 39,400 - 200 + 2,500

Muzaffarnagar 34,100 - 200 + 2,700 - - - 36,300 - 200 + 2,000

East IndiaDurgapur 32,600 - 200 + 3,100 33,050 - 350 + 3,200 35,300 - 200 + 3,000

Rourkela 31,500 - 400 + 2,600 32,200 - 400 + 2,900 35,400 - 200 + 2,800

Central IndiaRaigarh 32,000 - 200 + 3,100 32,700 - 300 + 3,300 35,200 0 + 2,800

Raipur 32,400 - 400 + 3,050 33,200 - 350 + 3,400 35,100 - 100 + 2,800

West India

Ahmedabad 33,700 - 200 + 3,000 34,300 - 100 + 2,800 39,300 0 + 4,500

Goa 33,100 0 + 3,400 33,400 0 + 3,400 37,800 + 100 + 3,700

Jaipur 34,200 - 400 + 2,650 - - - - - -

Mumbai 34,000 - 100 + 3,100 34,250 - 50 + 3,150 37,300 + 200 + 2,700

South IndiaHyderabad 33,800 - 500 + 3,500 34,000 - 500 + 3,500 37,500 - 100 + 3,500

Chennai - - - 34,500 0 + 3,500 37,700 + 200 + 2,700

West India Jalna - - - - - - 37,400 + 300 + 3,400

South India Bangalore - - - - - - 38,200 0 + 4,200

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 39,400 39,200 39,500 46,500 - 200 + 2,500 + 1,500

Ex-Muzaffarnagar 12-25mm Ex-Works 36,300 36,200 36,400 42,800 - 200 + 2,000 + 1,100

Ex-Durgapur 12-25mm Ex-Works 35,300 35,200 35,500 41,700 - 200 + 3,000 + 1,100

Ex-Rourkela 12-25mm Ex-Works 35,400 35,300 35,500 41,800 - 200 + 2,800 + 1,200

Ex-Raigarh 12-25mm Ex-Works 35,200 35,000 35,300 41,500 0 + 2,800 + 1,500

Ex-Raipur 12-25mm Ex-Works 35,100 35,100 35,400 41,400 - 100 + 2,800 + 1,300

Ex-Ahmedabad 12-25mm Ex-Works 39,300 39,100 39,500 46,400 0 + 4,500 + 2,900

Ex-Goa 12-25mm Ex-Works 37,800 37,600 38,000 44,600 + 100 + 3,700 + 1,500

Ex-Jalna 12-25mm Ex-Works 37,400 37,200 37,600 44,100 + 300 + 3,400 + 2,400

Ex-Mumbai 12-25mm Ex-Works 37,300 37,100 37,500 44,000 + 200 + 2,700 + 2,700

Ex-Bangalore 12-25mm Ex-Works 38,200 37,900 38,300 45,100 0 + 4,200 + 2,300

Ex-Chennai 12-25mm Ex-Works 37,700 37,600 38,000 44,500 + 200 + 2,700 + 2,700

Ex-Hyderabad 12-25mm Ex-Works 37,500 37,400 37,600 44,300 - 100 + 3,500 + 2,700Prices last updated on: 2020-11-06 17:05:41,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 - - - - - - 39,300 + 200 + 2,100

East India Durgapur 35,500 0 + 2,900 38,000 0 + 2,900 37,000 0 + 2,900

Central India Raipur - - - 36,300 + 100 + 3,400 37,000 0 + 3,000

West India Ahmedabad 37,100 + 300 + 2,500 37,100 + 300 + 2,500 38,100 + 300 + 2,500

West India Mumbai 38,500 + 100 + 2,200 39,300 + 100 + 2,200 39,700 + 100 + 2,200

South India Hyderabad 38,400 0 + 3,300 38,000 0 + 3,300 - - -

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 06-Nov-2020

Wire Rod, Induction grade 5.5 mm 36,500 0 + 2,000 37,000 - 200 + 1,400

Induction grade, 12 Gauge HB Wire 38,700 0 + 2,000 - - -

HB Wire, Induction grade 12 Gauge - - - 38,900 - 200 + 1,400

Binding Wire, Induction grade 20 Gauge 43,300 + 200 + 1,800 45,000 - 300 + 1,400

GI Wire, Induction grade 12 Gauge 43,500 + 200 + 2,000 44,500 - 300 - 1,800

Barbed Wire, Induction grade 12*12 Gauge 45,100 + 200 + 1,600 47,500 - 300 + 4,200

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 45,250 + 500 + 500 + 1,650 54,000 + 500 + 500 + 500

North India Ludhiana 45,750 + 500 + 500 + 1,500 55,500 + 750 + 750 + 1,000

East India Kolkata 42,750 + 500 + 500 + 1,500 51,000 + 1,250 + 1,250 + 750

West India Ahmedabad 45,500 + 1,250 + 1,250 + 2,250 54,750 + 1,750 + 1,750 + 2,250

West India Mumbai 44,500 + 1,500 + 1,500 + 1,750 54,500 + 1,000 + 1,000 + 1,250

South India Chennai 44,750 + 750 + 750 + 750 55,500 + 1,500 + 1,500 + 2,000

South India Hyderabad 45,500 + 1,750 + 1,750 + 1,250 55,000 + 1,000 + 1,000 + 750All prices are basic, GST @ 18% extra.

Ferro Alloys


Silico Manganese25-150 mm, 60-14 Ex-Durgapur 58,500 NA NA 0 - 1,625 - 2,500

60-14 Ex-Raipur 59,000 NA NA + 1,000 - 1,000 - 2,250

Ferro Silicon HC 70% Ex-Guwahati 78,500 78,000 79,000 - 500 - 1,500 - 500

Ferro Manganese HC 70% Ex-Durgapur 59,000 NA NA 0 - 1,000 - 3,000

Ferro Chrome HC 60% Ex-Jajpur 68,750 68,500 69,000 - 1,250 - 5,250 + 6,750

Chrome Ore Friable 54%+ Ex-Jajpur (OMC-eAuction) 15,054 NA NA NA NA NA

Prices last updated on: 2020-10-07,OMC E-Auction Prices Including Royalty

Ferro Chrome 10-150mm, HC 60% (cents/lb), India CNF China ¢69/lb NA NA - 1 + 1 + 4

Ferro Manganese HC 75% FOB India $850 NA NA 0 - 10 - 20

Silico Manganese 65-16 FOB India $850 NA NA 0 - 40 - 30

Prices last updated on: 2020-11-06,Weekly Assessment




SteelMint billet index drops by INR 350/t on limited trades- 6 Nov'2006 Nov 2020

Rationale:

SteelMint daily billet index has been assessed at INR 33,200/t (-350), exw Raipur on 6th November, 18:00 IST.

Total of about 1,300 t billet trades recorded today, as against 5,540 t on yesterday (i.e. 5th Nov).

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 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 33,200/t, two deals at INR 33,100/t & one trade at INR 33,150/t. The averageprice of these five transactions was INR 33,150/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 was INR 33,217/t and given a 50% weightage in the final price calculation.

The final price for billet exw Raipur was at INR 33,183/t, rounded to INR 33,200/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 $461 + 11 + 14.5 + 35 + 32.5

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 $528 + 5 + 5 + 25 + 20

CRC FOB China 0.90 mm $615 + 10 + 10 + 27 + 80

Import

Iron Ore CNF China Lumps Fe 64/63%, South Africa $112 0 + 1 - 4 - 5

Iron Ore CNF China Fines Fe 62%, Australia $117 - 1 + 1 - 9 - 4

Pellets CNF China 6-20mm, BF Grade $149 - 2 - 2 + 8 + 17

Coking Coal CNF China Premium HCC, Australia $138 + 1 + 8 - 8.12 + 19.5

Mill Scale CNF China 70/68% NA NA NA NA NA

FeCr CNF China HC 60% ¢69/lb - 1 - 1 + 1 + 4

Mn Ore CNF China Mn 46% Lumps, Australia $4.65/dmtu 0 0 0 NA

Mn Ore CNF China Mn 38%, South Africa $4.05/dmtu 0 0 0 NA CIS Nations

Export

Billet FOB Black Sea 125*125, BF Grade $415 + 7 + 10 + 12 + 17

Slabs FOB Black Sea Commercial $438 0 0 - 17 + 10

Pig Iron FOB Black Sea Steel Grade $355 + 5 + 5 0 + 24

TMT (Re-Bar) FOB Black Sea Commercial $435 0 + 8 + 23 + 58

HRC FOB Black Sea 2.5mm $485 0 0 - 25 + 15

CRC FOB Black Sea 0.90mm $565 0 0 0 + 30 Japan/Korea

Export

HRC FOB Korea 2.5mm $528 + 5 + 5 + 5 + 50

Import

FeCr CNF Japan HC 60% ¢71/lb 0 0 0 + 3

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% NA NA NA NA NA

Mill Scale FOB India 70/68% NA NA NA NA NA

Billet FOB India 95*95mm $425 0 0 + 3.5 + 15

Billet FOB India 150*150mm $420 0 0 + 3.5 + 15

Pig Iron FOB India Steel Grade $355 0 0 - 5 + 20

HRC FOB India 2.5mm $530 + 4 + 4 + 20 + 22

CRC FOB India 0.9mm $575 0 0 0 + 30

SiMn FOB India 60/14% $805 0 0 - 20 - 15

FeMn FOB India HC 75% $850 0 0 - 10 - 20

FeSi FOB Bhutan 70-75% $1,100 0 0 0 0

Import

Iron Ore CNF India Lumps Fe 64%, South Africa $130 0 0 + 5 + 7

Scrap CNF India HMS 1&2 ,Middle East NA NA NA NA NA

Scrap CNF India Shredded, Europe $328 + 5 + 8 + 19.4 + 13

Coking Coal CNF India Premium HCC, Australia $118.6 - 2.2 0 - 29.62 - 3.7

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 $553 + 3 + 3 + 25 + 20

HRC CNF India 2.5mm, Korea $545 0 0 - 10 + 42

CRC CNF India 0.90mm, China $640 + 10 + 10 + 27 + 80

HR Plate CNF India A 36 NA NA NA NA NA

Mn Ore CNF India Mn 38%, South Africa $4.05/dmtu 0 0 0 NA Europe & US

Export

Pig Iron FOB Brazil Steel Grade $355 0 0 - 10 + 30

Import

Scrap CFR Turkey HMS (80:20), US $297 0 + 4.4 + 7.4 + 12

HRC CIF Europe 2.5mm $568 + 3 + 3 + 25 + 20 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 $528 0 0 + 10 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



IntelIron Ore

» India: GPIL lowers pellet export on increase in domestic demand Nov 06, 2020 16:27

» India: GPIL registers 33% q-o-q rise in pellet production in Q2 FY'21 Nov 06, 2020 16:08

» World's top iron ore miners' performance in Q3 CY'20 Nov 06, 2020 16:00

» India: SAIL concludes 28,000 t iron ore fines auction from Chhattisgarh mines Nov 06, 2020 15:57

» Chinese iron ore and steel futures close higher Nov 06, 2020 15:32

Coal» Indonesian coal index for 4200 GAR remains stable w-o-w Nov 06, 2020 18:37

» South African RB2 portside coal traded at INR 4,550/t ex-Gangavaram Nov 05, 2020 13:46

» Australian coking coal price falls marginally Nov 04, 2020 13:12

» JSPL prebooked coking coal until Feb in Q2FY21 Nov 02, 2020 17:30

» Australian 5500 NAR coal booked at $51.5 CFR India Oct 30, 2020 18:25

Scrap & Metallics» India: Melting scrap prices observe sharp hike of INR 700/t in Alang Nov 06, 2020 18:51

» Japanese scrap suppliers await Kanto export tender result Nov 06, 2020 18:17

» India: Bids increase in SAIL's pig iron auction from Rourkela Nov 06, 2020 17:20

» Indonesia's ferrous scrap imports increase by 50% in Sep'20 Nov 06, 2020 16:50

» Indian sponge iron export offers up by $20/t w-o-w on domestic price gains Nov 05, 2020 19:39

Steel» Imported HRC prices in Vietnam up by $15 in recent deal from China Nov 06, 2020 17:50

» India: GPIL wire rod production witnesses sharp surge in Q2 FY'21 Nov 06, 2020 16:35

» Chinese domestic billet price witness a further rise of RMB 20 ($3) Nov 06, 2020 16:16

» Indian mill raises HRC export offer for Vietnam by $10 Nov 06, 2020 13:56

» Russian mill concludes 30,000 t billet export deal for the Philippines Nov 06, 2020 12:17

Ferro Alloy» Raipur: Silico manganese prices up by INR 1000/t Nov 06, 2020 16:47

» OMC to conduct chrome ore auction for regular grade on 09-Nov Nov 06, 2020 14:28

» China: Baosteel and TISCO reduce purchase price of HC ferro chrome for Nov' 20 Nov 05, 2020 20:25

» OMC to conduct auction for sub-grade chrome ore on 09-Nov Nov 04, 2020 13:41

» China: Tsingshan reduces purchase price of HC ferro chrome for Nov'20 Nov 04, 2020 10:19

Ship Breaking» Global ship-breaking: 170 ships broken in Q3 CY'20 Oct 31, 2020 16:36

» South Asia: Ship breaking prices remain majorly stable Oct 19, 2020 17:17

» India: Shipping Ministry notifies DG Shipping as National Ship Recycling Authority Oct 15, 2020 16:03

» Pakistan shipbreaking imports hit over two-years high Oct 15, 2020 12:45

» India: Alang ship breaking scrap prices rise upto INR 400/t ($5) Oct 05, 2020 13:33



Live TendersCOMPANY TYPE GRADE QUANTITY EXPIRY DATE LOCATION VIEW

Billet/ingot/slab

SAIL Sell CC-Slab 3,000 MT 10 Nov, 2020 Bhilai, Chattisgarh, India

TATA Steel Sell Full slab 267 MT 09 Nov, 2020 Kalinga Nagar, Odisha, India

SAIL Sell secondary steels 14,585 MT 10 Nov, 2020 Bhilai, Chattisgarh, India

Chrome Ore

OMC Sell Chrome Ore fines of (-)40% Cr203 Grade. 80,000 MT 09 Nov, 2020 Bhubaneswar, Odisha, India

Coking

RINL Sell 10 mm to 25 mm/FC-82 % Minimum 4,000 MT 10 Nov, 2020 Vishakhapatnam, Andhra Pradesh, India

Ferro Manganese

MOIL Limited Sell High Carbon Ferro Manganese &Manganese Ore of Dioxide 5,872 MT 10 Nov, 2020 Nagpur, Maharashtra, India

Fines/lumps

SAIL Sell Kiriburu Iron Ore Fines Size: [-10 mm]Fe:62% (Indicative)200,000 MT 18 Nov, 2020 Kolkata, West Bengal, India

SAIL Sell Meghahatuburu Iron Ore Fines Size: [-10mm] Fe:62% (Indicati300,000 MT 10 Nov, 2020 Kolkata, West Bengal, India

SAIL Sell Gua Iron Ore Fines (From old dump) Size:[-10 mm] Fe:60% (In500,000 MT 13 Nov, 2020 Kolkata, West Bengal, India

RINL Buy Iron ore fines 150,000 MT 16 Nov, 2020 Vishakhapatnam, Andhra Pradesh, India

SAIL Sell Bolani Iron Ore Fines (Dump fines) Size: [-]10 mm Fe:59% (In200,000 MT 19 Nov, 2020 Kolkata, West Bengal, India

Government of Goa Sell ROM 3 MnT 11 Nov, 2020 Goa, Goa, India

MSTC Sell Fe: 67.53-68.31%, 12,568 MT 27 Nov, 2020 Vishakhapatnam, Andhra Pradesh, India

RINL Buy Fe 61.5% 100,000 MT 11 Nov, 2020 Vishakhapatnam, Andhra Pradesh, India

Melting Scrap

SAIL Sell Melting scrap 5,517 MT 09 Nov, 2020 Bhilai, Chattisgarh, India

Rebar

SAIL Sell 10mm 293 MT 09 Nov, 2020 Vadodara, Gujarat, India

Silico Manganese

RINL Buy Silico Manganese 102,000 MT 31 Mar, 2021 Visakhapatnam, Andhra Pradesh, India

Used Plants And Machines

Vishal Ferro AlloysLtd Sell plant and machinery items 1 Nos 30 Nov, 2020 Rourkela, Odisha, India

TATA BSL LTD Induction Furnace complete 1 Nos 12 Nov, 2020 Angul, Odisha, India

View All


https://www.steelmint.com/tender/auction-of-cc-slab-15038https://www.steelmint.com/tender/auction-of-slab-15116https://www.steelmint.com/tender/auction-of-secondary-steels-15119https://www.steelmint.com/tender/auction-of-sub-grade-chrome-ore-15120https://www.steelmint.com/tender/auction-of-nut-coke-15111https://www.steelmint.com/tender/auction-of-high-carbon-ferro-manganese-15095https://www.steelmint.com/tender/auction-of-sail-rmd-kiriburu-mines-iron-ore-13148https://www.steelmint.com/tender/-auction-of-sail-rmd-meghahatuburu-mines-iron-ore--13149https://www.steelmint.com/tender/auction-of-iron-ore-13226https://www.steelmint.com/tender/suppy-tender-for-iron-ore-fines-14878https://www.steelmint.com/tender/auction-of-iron-ore-fines-15015https://www.steelmint.com/tender/auction-of-iron-ore--15109https://www.steelmint.com/tender/auction-of-iron-ore-clo-and-iron-ore-drclo-15110https://www.steelmint.com/tender/suppy-tender-for-iron-ore-clo-15118https://www.steelmint.com/tender/auction-of-ingot-mould-iron-scrap-rolls-15028https://www.steelmint.com/tender/auction-of-tmt-bars-15115https://www.steelmint.com/tender/eoi-for-silico-manganese-11465https://www.steelmint.com/tender/auction-of-plant-and-machinery-items-15075https://www.steelmint.com/tender/induction-furnace-complete-set-for-sale-in-e-auction-15080https://www.steelmint.com/tenders

Documents

Issue : 3007 Saturday, 07 Nov 2020 · 2020. 11. 7. · DAILY STEEL REPORT. Issue 3007, Saturday, 07 Nov 2020. Australian coking coal exports dwindle on suppressed demand. Australian