Commodity/Delivery/Region | Size/Grade | Price | Min/Max | Tax | Delivery Period | Sentiments | |||
---|---|---|---|---|---|---|---|---|---|
India
|
|||||||||
![]() |
Billet, FOB East Coast, India
26, Feb 2021 18:29 IST | Weekly
|
150*150, 3SP/4SP
|
|
USD
|
tax | 7-8 weeks | Strong | ||
+1 more: View size wise prices Collapse | |||||||||
+12 more: View city wise prices
Collapse
|
|||||||||
+13 more: View city wise prices
Collapse
|
|||||||||
Ukraine
|
|||||||||
![]() |
Billet, FOB Black Sea, Russia
26, Feb 2021 18:29 IST | Weekly
|
130*130, 3SP
|
|
USD
|
tax | 4-6 weeks | Strong | ||
Iran
|
|||||||||
![]() |
Billet, FOB Bandar Imam Khomeini, Iran
26, Feb 2021 18:29 IST | Biweekly
|
130*130, 3SP
|
|
USD
|
tax | 4-6 weeks | Strong | ||
Philippines
|
|||||||||
![]() |
Billet, CNF Manila, Philippines
26, Feb 2021 18:31 IST | Weekly
|
150*150, 3SP
|
|
USD
|
tax | Within 4 weeks | Strong | ||
Turkey
|
|||||||||
![]() |
Billet, CNF Iskenderun, Turkey
26, Feb 2021 18:31 IST | Weekly
|
120*120
|
|
USD
|
tax | 4-6 weeks | Strong | ||
Nepal
|
|||||||||
![]() |
Billet, CNF Raxaul border, Nepal
26, Feb 2021 18:31 IST | Weekly
|
100*100, IS 2831 (IF Grade)
|
|
USD
|
tax | 4-5 weeks | Strong | ||
China
|
|||||||||
![]() |
Billet, EXW Tangshan, China
26, Feb 2021 18:33 IST | Daily
|
150*150mm, Q235
|
|
RMB
|
tax | Strong | |||
Pakistan
|
|||||||||
![]() |
Billet, Exw Punjab, Pakistan
23, Feb 2021 17:58 IST | Weekly
|
60 CC
|
|
PKR
|
tax | Moderate | |||
Russia
|
|||||||||
![]() |
Slab, FOB Black Sea, Russia
23, Feb 2021 17:35 IST | Weekly
|
Commercial
|
|
USD
|
tax | 8-10 Weeks | Strong |
Commodity/Delivery/Region | Size/Grade | Price | Min/Max | Tax | Delivery Period | Sentiments | |||
---|---|---|---|---|---|---|---|---|---|
Pakistan
|
|||||||||
![]() |
Rebar, Exy Punjab, Pakistan
23, Feb 2021 17:56 IST | Weekly
|
Deformed Bar (G-60)
|
|
PKR
|
tax | Moderate | |||
India
|
|||||||||
![]() |
Rebar, Exy-Mumbai, India
20, Feb 2021 16:53 IST | Weekly
|
12-32mm, BF Grade, IS 1786 Fe 500D
|
|
INR
|
tax | Immediate | NA | ||
+5 more: View city wise prices
Collapse
|
|||||||||
+13 more: View city wise prices
Collapse
|
|||||||||
+33 more: View city wise prices
Collapse
|
|||||||||
+27 more: View city wise prices
Collapse
|
|||||||||
+22 more: View city wise prices
Collapse
|
|||||||||
+1 more: View city wise prices Collapse | |||||||||
+1 more: View city wise prices Collapse | |||||||||
+1 more: View city wise prices Collapse | |||||||||
+5 more: View city wise prices
Collapse
|
|||||||||
Nepal
|
|||||||||
![]() |
Wire Rod, CNF Raxaul, Nepal
20, Feb 2021 13:30 IST | Weekly
|
5.5-6.0mm, Commercial Grade
|
|
USD
|
tax | Within 30 Days | Strong |
Commodity/Delivery/Region | Size/Grade | Price | Min/Max | Tax | Delivery Period | Sentiments | |||
---|---|---|---|---|---|---|---|---|---|
China
|
|||||||||
![]() |
HRC, FOB Rizhao, China
23, Feb 2021 18:44 IST | Weekly
|
3-12mm, SS400
|
|
USD
|
tax | Within 4-6 weeks | Strong | ||
Japan
|
|||||||||
![]() |
HRC, FOB Tokyo, Japan
23, Feb 2021 18:44 IST | Weekly
|
2mm, SS400
|
|
USD
|
tax | Within 6-8 weeks | Strong | ||
South Korea
|
|||||||||
![]() |
HRC, FOB Seoul, South Korea
23, Feb 2021 18:44 IST | Weekly
|
1.6-2.5mm, SAE 1006
|
|
USD
|
tax | Within 8 weeks | Strong | ||
Ukraine
|
|||||||||
![]() |
HRC, FOB Black Sea, Russia
23, Feb 2021 18:44 IST | Weekly
|
3mm, SAE1006
|
|
USD
|
tax | Within 6-8 weeks | Strong | ||
India
|
|||||||||
![]() |
HRC, FOB East Coast, India
23, Feb 2021 18:44 IST | Weekly
|
2.5 mm, SAE1006
|
|
USD
|
tax | Within 4-6 weeks | Strong | ||
+1 more: View country wise price Collapse | |||||||||
+1 more: View country wise price Collapse | |||||||||
+8 more: View city wise prices
Collapse
|
|||||||||
+8 more: View city wise prices
Collapse
|
|||||||||
+1 more: View city wise price Collapse | |||||||||
+3 more: View city wise prices
Collapse
|
|||||||||
+1 more: View city wise price Collapse | |||||||||
+4 more: View city wise prices
Collapse
|
|||||||||
+2 more: View city wise prices
Collapse
|
|||||||||
Vietnam
|
|||||||||
![]() |
HRC, CNF Ho Chi Minh City, Vietnam
23, Feb 2021 18:58 IST | Weekly
|
2-3mm, SAE 1006 (China Origin)
|
|
USD
|
tax | Within 6-8 weeks | Strong | ||
Pakistan
|
|||||||||
![]() |
HRC,CNF Qasim,Pakistan
23, Feb 2021 18:58 IST | Weekly
|
2mm, SS400 (China origin), SS400
|
|
USD
|
tax | Wtithin 6-8 weeks | Strong | ||
+1 more: View country wise price Collapse | |||||||||
Bangladesh
|
|||||||||
![]() |
HRC, CNF Chittagong, Bangladesh
23, Feb 2021 18:58 IST | Weekly
|
2mm, SAE 1006
|
|
USD
|
tax | Within 8-10 weeks | Strong | ||
Dubai
|
|||||||||
![]() |
HRC, CNF Abu Dhabi, UAE
23, Feb 2021 18:58 IST | Weekly
|
2mm, SAE1006 (China Origin)
|
|
USD
|
tax | Within 6-8 weeks | Strong | ||
+1 more: View country wise price Collapse | |||||||||
Netherlands
|
|||||||||
![]() |
HRC, CNF West Europe, Europe
23, Feb 2021 18:58 IST | Weekly
|
3-4mm, S235JR
|
|
USD
|
tax | Within 8-12 weeks | Strong |
Indian Ferro Chrome prices increased amid improved global market conditions. In China, there is decrease in VAT rates – from 16% to 13% which would have been effective from 1st Apr’19, but the notification is still awaited. Therefore, the buyers are showing reluctance in buying any stock further as the prices in the domestic market would reduce once the VAT is down at 13%. However, in South Africa, power tariffs are going up and the supply is going down. With the depiction of supply tightness in the global market in the upcoming period Indian producers have raised their offers in the market.
Domestic prices for Ferro Chrome in India is assessed to be in the range of INR 74,000/MT to INR 75,000/MT. Export prices for CNF South Korea (10-50mm, HC 60%) is 86 cents/lb, for CNF Japan(10-50mm, HC 60%) is 87 cents/lb and for CNF China(10-150mm, HC 60%) is around 84-84 cents/lb. On the future outlook, global buyers are likely to follow the Chinese market and global Ferro Chrome prices are expected to go up in line with Chinese Prices. Indian producers are also trying to push up the prices on higher Chrome Ore prices in India and tighter Ferro Chrome supply expected in the coming days from South Africa.



