Intel Details

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Semi Finished
7 Apr 2021, 09:10 IST
Steel Mint Intel

Iron ore & pellets:

  • Indian iron ore export shipments increase by more than 85% to 46.5 mn t in FY'21
  • SteelMint's PELLEX continues to increase further by INR 200/t in recent deal.
  • Odisha Mining Corp postpones 1 mnt seized iron ore auction scheduled today

Coal:

  • S.African RB2 (5500 NAR) coal prices assessed at INR 6,800/t ex-Gangavaram as buyers refrain from making bookings amid fear of weak steel demand on COVID restrictions


Scrap & Metallics:

  • SteelMint: India's domestic steel scrap index rises further by INR 500/t

  • Imported Shredded scrap prices rise to $460-465/t CFR Pakistan in recent trades


Semi-finished steel:

  • Indian billet export prices hit an 8-year high of $591-593/t FoB in a recent tender

  • SteelMint's billet index increases by INR 200/t

  • SAIL floats export tender for 16,000 t slabs from Bhilai Steel Plant

  • Vizag Steel floats 240,000 t blooms export tender


Finished steel:

  • SteelMint's Indian HRC export index surges by $63 w-o-w

  • Indian primary mills raise rebar offers by INR 4,000/t for Apr

  • Tata Steel India achieves the highest ever annual delivery volume of 17.30 mn t in FY'21


Ferro Alloys:

  • Indian Silicomanganese prices increase further by INR 1,500/t w-o-w in Raipur amidst supply shortage

7 Apr 2021, 09:10 IST
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