Issue : 2837 Tuesday, 17 Mar 2020...DAILY STEEL REPORT Issue 2837, Tuesday, 17 Mar 2020 Imported HRC...

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Issue : 2837 Tuesday, 17 Mar 2020

Transcript of Issue : 2837 Tuesday, 17 Mar 2020...DAILY STEEL REPORT Issue 2837, Tuesday, 17 Mar 2020 Imported HRC...

Page 1: Issue : 2837 Tuesday, 17 Mar 2020...DAILY STEEL REPORT Issue 2837, Tuesday, 17 Mar 2020 Imported HRC Market in Vietnam Observes Limited Trades Mar 16, 2020 00:00 Imported HRC offers

Issue : 2837 Tuesday, 17 Mar 2020

Page 2: Issue : 2837 Tuesday, 17 Mar 2020...DAILY STEEL REPORT Issue 2837, Tuesday, 17 Mar 2020 Imported HRC Market in Vietnam Observes Limited Trades Mar 16, 2020 00:00 Imported HRC offers

DAILY STEEL REPORT Issue 2837, Tuesday, 17 Mar 2020

Imported HRC Market in Vietnam Observes Limited TradesMar 16, 2020 00:00

Imported HRC offers from China have moved down this week by USD

10, however offers from India, Japan have remained stable against

last week. SteelMint learned from its close sources that Indian mill

booked 20,000 MT HRC for exports at USD 465/MT CFR Vietnam last

week. Few sources claimed that another deal from India for

similar quantity was concluded at USD 460/MT CFR basis for April

delivery, however it could not be confirmed. Thus, bearish sentiments

in domestic market shifted focus of Indian steel mills to export HRC to

overseas markets. Meanwhile Chinese steel mills further pulled down

HRC export offers to Vietnam market on higher

Continued

Snap Shot - Global Prices (USD/MT)COMMODITY PARTICULAR SIZE,GRADE PRICE CHANGE M-O-M

Iron Ore Fines 1 China Imports Fines, Fe 61.5% $87 0 + 3

Iron Ore Lumps 1 Indian Imports Lumps, Fe 64% $107.5 0 0

Pellets ( Brazil ) 2 China Imports 6-20 mm, Fe 65% $124.5 0 + 0.5

Pellets ( India ) 2 China Imports 6-20 mm, Fe 63.5% $116 - 1.5 - 2

Coking 2 Australia Exports Premium HCC $161.75 + 2.25 + 8.25

Met Coke 2 India Imports Met Coke 64% $294 + 4 - 1

Non Coking 2 India Imports RB2 (5500 NAR) $62 - 6 - 15

Scrap 2 India Imports Shredded $300 - 9.5 + 8.67

Scrap 2 Turkey Imports HMS(80:20) $276 - 2 + 2.67

Scrap 2 Pakistan Imports Shredded $300 - 8 + 3.5

Scrap 2 Bangladesh Imports Shredded $312 - 6 + 20

Scrap ( Ship Breaking ) 2 India Imports Containers $390 - 10 - 10

Billet 2 India Exports 150*150, IS 2830 $385 - 10 - 10

Billet 2 China Exports 150*150, Q235 $389 - 4 - 83

Billet 2 Russia Exports 125*125, 3sp $388 - 5.5 + 5.75

Billet 2 Iran Exports 130*130, 3 sp $383 - 7 + 6.5

Sponge Iron 2 India Exports Lumps, FeM 80 $280 - 5 - 23

Pig Iron 2 India Exports Steel Grade $330 0 - 10

Pig Iron 2 Russia Exports Steel Grade $334 0 + 16

HRC 2 China Exports 2.5 mm, ASTM A36 $470 - 10 - 15

HRC 2 India Exports 2.5 mm, IS 2062 $470 - 13 - 40

HRC 2 South Korea Exports 2.5 mm, ASTM A36 $455 - 30 - 30

HRC ( China ) 2 Vietnam Imports 2.5 mm, SAE 1006 $472 - 1 - 3

CRC 2 India Exports 0.9 mm, IS 513 Gr.O $528 0 - 55

CRC 2 China Exports 0.90 mm, SPCC $510 + 2 - 13

HR Plate2 China Exports 5-10 mm, SS 400 $468 + 2 + 5

GP 2 China Exports1 mm, Width 1,000-1,500 mm, thickness0.5-2mm

$558 0 - 15

Silico Manganese 2 India Exports 65-16 $945 0 - 35

Ferro Chrome 2 China Import 10-150mm, HC 60% ¢62/lb 0 0

Manganese Ore 2 India Imports Lumps, Mn 37.5% $4.05/dmtu - 0.2 - 0.55

Ferro Manganese 2 India Exports HC 75% $905 0 NAFerro Silicon 2 Bhutan Exports 70% $1,300 0 0

1-Daily Assessment, 2-Weekly Assessment, 3-Monthly Assessment, W-O-W -> Week On Week, M-O-M -> Month On Month

» South Africa Considering Impositionof Duty on Scrap Exports?

» Imported HRC Market in VietnamObserves Limited Trades

» Iran: Steel Output of Major Mills Up11% Y-o-Y

» Japan: Bids in Kansai Tender Dropby USD 9

» Chinese Domestic Billet MarketUpdate; 16 Mar'20

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Page 3: Issue : 2837 Tuesday, 17 Mar 2020...DAILY STEEL REPORT Issue 2837, Tuesday, 17 Mar 2020 Imported HRC Market in Vietnam Observes Limited Trades Mar 16, 2020 00:00 Imported HRC offers

DAILY STEEL REPORT Issue 2837, Tuesday, 17 Mar 2020

South Africa Considering Imposition of Duty on Scrap Exports?

In recent conversations with industry participants, it was learned that South Africanauthorities are contemplating to introduce a tax on the export of ferrous scrap fromthe country, ...

ON: 2020-03-16 By: Akshay Category: Scrap

Imported HRC Market in Vietnam Observes Limited Trades

Imported HRC offers from China have moved down this week by USD 10, howeveroffers from India, Japan have remained stable against last week. SteelMint learnedfrom its close sources th...

ON: 2020-03-16 By: Pratibha Bajaj Category: Finish Flat

Iran: Steel Output of Major Mills Up 11% Y-o-Y

During the first eleven months of the current fiscal year (21 Mar'19 - 20 Feb'20),Iran's major steel producers produced approximately 30.88 MnT of steel; semisand finished. The finis...

ON: 2020-03-16 By: Pranjal Markale Category: Semi Finished

Japan: Bids in Kansai Tender Drop by USD 9

Japan's Kansai Iron and Steel Federation, an association of scrap dealers aroundthe Osaka region, has concluded its tender of scrap purchase for Mar'20 today(16th Mar'20). This month...

ON: 2020-03-16 By: Reena Category: Scrap

Chinese Domestic Billet Market Update; 16 Mar'20

Yesterday the ex-mill tax inclusive price of general carbon billet in Tangshan,Changli and Qian'an was settled at RMB 3,190/MT, up RMB 30 posting anincrease of RMB 60 from last Frida...

ON: 2020-03-16 By: Admin Operation Category: Semi Finished

Vietnam: Japanese Imported Scrap Prices Up in Recent Deals

Imported scrap trades to Vietnam picked up last week, with a few major bookingsbeing reported from Japan, even as high currency exchange rate last week movedprices upwards. 2 bulk bo...

ON: 2020-03-16 By: Akshay Category: Scrap

more newsCopyright@ 2009-2020 www.steelmint.com [email protected] +91 9770056666

Page 4: Issue : 2837 Tuesday, 17 Mar 2020...DAILY STEEL REPORT Issue 2837, Tuesday, 17 Mar 2020 Imported HRC Market in Vietnam Observes Limited Trades Mar 16, 2020 00:00 Imported HRC offers

DAILY STEEL REPORT Issue 2837, Tuesday, 17 Mar 2020

India: SAIL BSP Pig Iron Bookings Improve at Reduced OffersMar 16, 2020 00:00

Steel Authority of India Ltd (SAIL) had floated offers of basic grade pig

iron from its central India based Bhilai Steel Plant (BSP) in the

beginning of Mar'20. As per report of our credible sources, the

company managed to get bookings of around 12,000-14,000 MT pig

iron, which is nearly 60-70% of BSP's offered

quantity. -- The average deal price for the material was reported at

INR 27,000-27,200/MT EXW-Bhilai and the orders have been largely

placed by traders based in Raipur & Bhilai. -- The current offers in

central India through the traders are hovering at INR 27,200-

27,300/MT FoR Raipur & INR 26,500-26,700/MT FoR

Continued

Snap Shot - Indian Domestic Prices (INR/MT)COMMODITY PARTICULAR SIZE,GRADE PRICE CHANGE M-O-M

Fines/lumps 2 Iron Ore Index 5-18 MM, Fe 63% 4,600 - 50 - 50

Fines/lumps 2 Iron Ore Index Fines, Fe 63% 2,250 0 - 100

Iron Ore 3 NMDC 6-40 mm, Fe 65% 3,150 - 50 - 50

Iron Ore 3 NMDC Fines, Fe 64% 2,860 - 50 - 50

Pellets 2 Raipur 6-20 mm, Fe 63% 6,500 0 - 433

Pellets 2 Bellary 6-20 mm, Fe 63% 6,900 0 - 250

Coal 2 Ex-India (East) 25-90MM, Met Coke 22,500 NA - 1,500

Mill Scale 2 FoR-Kandla Fines, Fe 70/68% 2,900 0 + 150

Scrap 1 Ex-Mumbai HMS(80:20) 22,900 0 + 200

Scrap 1 Ex-Alang HMS(80:20) 23,000 + 200 - 1,100

Pig Iron 1 Ex-Cuttack - - - -

Pig Iron 1 Ex-Ludhiana,Foundary

Foundry Grade 30,900 + 400 + 200

Sponge Iron 1 Ex-Raipur Mix, FeM 80%, +/-1 18,600 - 200 - 1,200

Sponge Pellet 1 Ex-Raipur Lumps, FeM 80%, +/-1 17,500 - 400 - 1,400

Billet 1 Ex-Mumbai 100x100 mm, IS 2831 29,700 - 300 - 1,500

Billet 1 Ex-Raipur 100x100 mm, IS 2831 27,250 - 300 - 2,200

TMT (Re-Bar)Secondary mills 1 Ex-Mumbai

12-25 MM, IS 1786- 500Fe

34,200 0 - 900

TMT (Re-Bar)Secondary mills 1 Ex-Delhi/NCR

12-25 MM, IS 1786- 500Fe

33,300 - 500 - 2,500

Structure 1 Ex-Mumbai40*40 Angle,Commercial Grade

35,500 - 200 - 300

Wire Rod 1 Ex-Raipur Wire Rod(5.5 MM) 30,700 - 300 - 2,100

HRC 2 Ex-Delhi 2.5 mm-8 mm, IS2062 38,200 - 100 - 600

HRC 2 Ex-Mumbai 2.5MM-8MM, IS2062 38,250 0 - 1,000

CRC 2 Ex-Delhi 0.90 mm, IS 513 Gr O 43,600 0 - 200

CRC 2 Ex-Mumbai 0.90 mm, IS 513 Gr O 44,500 - 250 - 1,000

HR Plate2 Ex-Mumbai 5-10 mm, IS2062 37,750 0 - 750

GP 2 Ex-Mumbai 0.8 mm, 120 GSM 48,800 0 - 1,700

Silico Manganese 2 Ex-Raipur 60-14 58,750 - 750 - 3,750

Ferro Manganese 2 Ex-Raipur HC 70% 63,000 0 - 1,000

Ferro Chrome 2 Ex-Jajpur HC 60% 58,000 - 1,500 - 4,000

Manganese Ore 2 Ex Balaghat, MOILMOIL, Lumps, Mn37.5%, Fe 7.5%

11,011 0 + 629

Chrome Ore 2 Ex-Odisha OMC, E-auction

Lumps, Friable 48-50% 7,346 0 - 1,811

*Basic Price GST @ 18% extra1-Daily Assessment, 2-Weekly Assessment, 3-Monthly Assessment, W-O-W -> Week On Week, M-O-M -> Month On Month

» India: Silico Manganese Prices DropFurther Due To Dull Market

» India: SAIL BSP Pig Iron BookingsImprove at Reduced Offers

» Daily Update: Indian Steel Market 16Mar'20

» India: Chrome Ore DispatchesDecreased in Feb'20 Ahead of MiningLease Expiry

» Odisha: Iron Ore Dispatches Drop10% in Feb'20

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DAILY STEEL REPORT Issue 2837, Tuesday, 17 Mar 2020

India: Silico Manganese Prices Drop Further Due To Dull Market

Indian Silico manganese prices have been falling since past few weeks amidst dulldemand in the market. Moreover, due to the spread of COVID-19, the globaleconomy is in the slowdown, ...

ON: 2020-03-16 By: Ankita Chakraborty Category: Ferro Alloy

India: SAIL BSP Pig Iron Bookings Improve at Reduced Offers

Steel Authority of India Ltd (SAIL) had floated offers of basic grade pig iron from itscentral India based Bhilai Steel Plant (BSP) in the beginning of Mar'20. As perreport of our cr...

ON: 2020-03-16 By: Manish Vasdev Category: Semi Finished

Daily Update: Indian Steel Market 16 Mar'20

Indian Steel prices fall further by INR 100-500/MT on day trade activities due tolimited inquiries. The participants in major markets reported, thin spot trades &strong supply. S...

ON: 2020-03-16 By: Rounak Gairarey Category: Semi Finished

India: Chrome Ore Dispatches Decreased in Feb'20 Ahead of Mining LeaseExpiry

Dispatches of Chrome Ore by Odisha miners have sunk down by almost 41% inFeb'20 against Jan'20. TATA Steel remained the largest miner to dispatch 83,841MT of Chrome Ore which is appr...

ON: 2020-03-16 By: Ankita Chakraborty Category: Ferro Alloy

Odisha: Iron Ore Dispatches Drop 10% in Feb'20

Odisha- India's largest iron ore producing state recorded total iron ore dispatchesat 7.49 MnT in Feb'20, down 10% on monthly basis as against 8.33 MnT in Jan'20.The figures exclude ...

ON: 2020-03-16 By: Monika Bajaj Category: Iron Ore

more news

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DAILY STEEL REPORT Issue 2837, Tuesday, 17 Mar 2020

Iron OrePARTICULAR/DELIVERY SIZE/GRADE DELIVERY PRICE MIN MAX W-O-W M-O-M 3M-O-M

Indian prices (in INR/MT) As on Week 12 ( 16 Mar - 22 Mar )NMDC 6-40 mm, Fe 65% F.O.R Siding 3,150 3,150 3,150 - 50 - 50 + 550

NMDC Fines, Fe 64% F.O.R Siding 2,860 2,860 2,860 - 50 - 50 + 500

Fines, Karnataka e-auction Fe 60% 1,940 1,940 1,940 + 380 + 380 + 130

Lumps, Karnataka e-auction Fe 63% 3,181 3,181 3,181 + 381 + 381 + 541

Odisha Iron Ore Index 5-18 MM, Fe 63% Ex-mines 4,600 4,500 4,700 - 50 - 50 + 400

Odisha Iron Ore Index Fines, Fe 63% Ex-mines 2,250 2,200 2,300 0 - 100 + 200Prices last updated on: 2020-03-13,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 17 Mar 2020CNF China Fines, Fe 61.5%, Australia - $87 NA NA 0 + 3 + 2

CNF India Lumps, Fe 64%, South Africa - $107.5 $105 $110 0 0 + 17.5Prices last updated on: 2020-03-16 10:15:28,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 PelletsIndian prices (in INR/MT) As on Week 12 ( 16 Mar - 22 Mar )Ex-Barbil 6-20 mm, Fe 63% F.O.R Siding 6,350 6,300 6,400 0 + 200 + 650

Ex-Durgapur 6-20 mm, Fe 63% Ex-Works 6,400 6,400 6,400 0 + 167 + 38

Ex-Raipur 6-20 mm, Fe 63% Ex-Works 6,500 6,500 6,500 0 - 433 - 100

Ex-Bellary 6-20 mm, Fe 63% Ex-Works 6,900 6,800 7,000 0 - 250 + 688Prices last updated on: 2020-03-13,Weekly Assessment, GST @ 5% extra., Barbil and Kandla - Prices Loaded to Wagons

Global prices (in USD/MT) As on Week 12 ( 16 Mar - 22 Mar )

CNF China6-20 mm, Fe 63.5%, India - $116 $115 $117 - 1.5 - 2 + 2.5

6-20 mm, Fe 65%, Brazil - $124.5 NA NA 0 + 0.5 + 2.5

FOB India 6-20 mm, Fe 64% - $106 $105 $107 - 1.5 - 2 + 2.5Prices last updated on: 2020-03-13, CoalGlobal prices (in USD/MT) As on Week 12 ( 16 Mar - 22 Mar )FOB Australia Premium HCC - $161.75 NA NA + 2.25 + 8.25 + 27.75

Prices last updated on: , ScrapIndian prices (in INR/MT) As on 17 Mar 2020Ex-Alang HMS(80:20) Ex-Yard 23,000 22,900 23,100 + 200 - 1,100 0

Ex-Mumbai HMS(80:20) Delivered 22,900 22,700 23,000 0 + 200 + 1,000

Ex-Chennai HMS(80:20)Delivered (Including localfreight around INR 500/MT)

22,000 21,800 22,100 0 + 300 + 100

Ex-Alang HMS(80:20), Ship Breaking Ex-Yard 23,000 22,900 23,100 + 200 - 1,100 0Prices last updated on: 2020-03-16 11:03:08,Daily Assessment , Basic Price GST @ 18% extra,

Global prices (in USD/MT) As on Week 12 ( 16 Mar - 22 Mar )

CNF IndiaHMS(80:20), Europe - $275 $273 $278 - 10.5 - 0.67 + 1.67

Shredded, Europe - $300 $295 $303 - 9.5 + 8.67 - 4.67

CNF Turkey HMS(80:20), USA - $276 $274 $278 - 2 + 2.67 - 25.33Prices last updated on: 2020-03-10,Weekly Assessment

Note:- W-O-W -> Week On Week, M-O-M -> Month On Month

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Page 7: Issue : 2837 Tuesday, 17 Mar 2020...DAILY STEEL REPORT Issue 2837, Tuesday, 17 Mar 2020 Imported HRC Market in Vietnam Observes Limited Trades Mar 16, 2020 00:00 Imported HRC offers

DAILY STEEL REPORT Issue 2837, Tuesday, 17 Mar 2020

Sponge

REGION PARTICULARSPONGE IRON (C-DRI) PELLET SPONGE (P-DRI)

PRICE CHANGE W-O-W M-O-M PRICE CHANGE W-O-W M-O-M

Indian prices (in INR/MT) As on 16 Mar 2020East India Durgapur 18,000 - 300 - 1,100 - 1,800 17,100 - 300 - 1,000 - 1,800

East India Rourkela 17,050 0 - 900 - 2,050 - - - -Central India Raigarh 17,500 - 250 - 650 - 1,850 16,600 - 150 - 550 - 1,800

Central India Raipur 18,600 - 200 - 700 - 1,200 17,500 - 400 - 1,000 - 1,400

South India Bellary 17,300 - 100 - 700 - 1,200 17,000 - 200 - 900 - 1,400

South India Hyderabad - - - - 17,600 - 200 - 800 - 1,400All prices are basic, GST extra. ScrapPARTICULAR/DELIVERY SIZE/GRADE DELIVERY PRICE MIN MAX W-O-W M-O-M 3M-O-M

Indian prices (in INR/MT) As on 17 Mar 2020Ex-Mandi HMS(80:20), Old Scrap Delivered 20,700 20,500 20,900 - 200 - 2,300 - 400

Ex-Durgapur HMS(80:20) Delivered 22,500 22,300 22,700 - 200 - 2,200 + 500

Ex-Raipur HMS(80:20) Delivered 23,000 22,800 23,200 - 300 - 800 + 800

Ex-Raipur End Cutting Delivered 24,000 23,800 24,200 - 300 - 800 + 500

Ex-Ahmedabad HMS(80:20) Delivered 22,400 22,200 22,500 + 200 - 1,400 - 1,100

Ex-Mumbai HMS(80:20) Delivered 22,900 22,700 23,000 0 + 200 + 1,000

Ex-Chennai HMS(80:20) Delivered 22,000 21,800 22,100 0 + 300 + 100

Ex-Hyderabad HMS, Commercial Grade Delivered 19,500 19,400 19,600 - 300 - 700 + 900Prices last updated on: 2020-03-16 17:10:10,Daily Assessment , Basic Price GST @ 18% extra, Pig IronIndian prices (in INR/MT) As on 17 Mar 2020Ex-Ludhiana Steel Grade Ex-Works 28,800 28,700 28,900 - 200 - 900 + 600

Ex-Durgapur Steel Grade Ex-Works 25,500 25,300 25,600 - 400 - 2,200 + 400

Ex-Raigarh Steel Grade Ex-Works 26,600 26,500 26,700 - 200 - 1,600 + 1,200

Ex-Raipur Steel Grade Ex-Works 27,200 27,000 27,300 - 100 - 1,000 + 2,500

Ex-Hyderabad Steel Grade Ex-Works 27,000 26,500 27,000 - 1,000 - 1,500 NAEx-Ludhiana Foundry Grade Ex-Works 30,900 30,800 31,000 + 400 + 200 + 600

Prices last updated on: 2020-03-16 16:13:26,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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Page 8: Issue : 2837 Tuesday, 17 Mar 2020...DAILY STEEL REPORT Issue 2837, Tuesday, 17 Mar 2020 Imported HRC Market in Vietnam Observes Limited Trades Mar 16, 2020 00:00 Imported HRC offers

DAILY STEEL REPORT Issue 2837, Tuesday, 17 Mar 2020

Ingot/Billet

REGION PARTICULARINGOT BILLET REBAR

PRICE CHANGE M-O-M PRICE CHANGE M-O-M PRICE CHANGE M-O-M

Indian prices (in INR/MT) As on 16 Mar 2020North India Ghaziabad 29,000 - 300 - 2,300 - - - - - -North India Mandi Gobindgarh 29,550 - 400 - 2,200 29,800 - 400 - 2,400 34,500 - 100 - 1,900

North India Muzaffarnagar 28,500 - 400 - 2,400 - - - 32,000 - 300 - 2,500

East India Durgapur 26,500 - 450 - 2,650 27,000 - 450 - 2,650 31,300 - 500 - 2,200

East India Rourkela 26,700 - 100 - 1,700 26,900 - 200 - 1,900 31,700 - 100 - 1,500

Central India Raigarh 26,400 - 300 - 2,000 26,800 - 350 - 2,100 31,000 - 400 - 2,400

Central India Raipur 26,700 - 500 - 2,200 27,250 - 300 - 2,200 31,600 - 100 - 1,400

West India Ahmedabad 28,600 - 300 - 2,700 29,100 - 400 - 2,400 34,700 - 300 - 2,200

West India Jaipur 28,800 - 350 - 2,400 - - - - - -West India Mumbai 29,300 - 300 - 1,500 29,700 - 300 - 1,500 34,200 0 - 900

South India Chennai 29,600 + 100 - 800 30,400 + 100 - 500 34,800 + 200 - 300

South India Hyderabad 27,800 - 500 - 3,100 28,000 - 500 - 3,000 33,000 - 300 - 2,000

West India Goa - - - - - - 34,600 - 200 - 800

South India Bangalore - - - - - - 33,700 - 200 - 1,300All 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 M-O-M 3M-O-M

Indian prices (in INR/MT) As on 17 Mar 2020Ex-Mandi Gobindgarh 12-25 MM Ex-Works 34,500 34,300 34,700 40,700 - 100 - 1,900 + 100

Ex-Muzaffarnagar 12-25 MM Ex-Works 32,000 31,900 32,100 37,800 - 300 - 2,500 - 100

Ex-Durgapur 12-25 MM Ex-Works 31,300 31,100 31,500 36,900 - 500 - 2,200 - 500

Ex-Rourkela 12-25 MM Ex-Works 31,700 31,600 31,800 37,400 - 100 - 1,500 + 200

Ex-Raigarh 12-25 MM Ex-Works 31,000 30,900 31,100 36,600 - 400 - 2,400 - 900

Ex-Raipur 12-25 MM Ex-Works 31,600 31,500 31,800 37,300 - 100 - 1,400 + 100

Ex-Ahmedabad 12-25 MM Ex-Works 34,700 34,500 34,800 40,900 - 300 - 2,200 - 200

Ex-Goa 12-25 MM Ex-Works 34,600 34,400 34,800 40,800 - 200 - 800 0

Ex-Mumbai 12-25 MM Ex-Works 34,200 34,000 34,400 40,400 0 - 900 + 900

Ex-Bangalore 12-25 MM Ex-Works 33,700 33,500 33,900 39,800 - 200 - 1,300 - 200

Ex-Chennai 12-25 MM Ex-Works 34,800 34,700 35,100 41,100 + 200 - 300 + 900

Ex-Hyderabad 12-25 MM Ex-Works 33,000 32,900 33,100 38,900 - 300 - 2,000 0Prices last updated on: 2020-03-16 17:01:16,Daily Assessment, Grade-500 Fe, Basic Price GST @ 18% extra ,

Structure (Medium & Small Scale Producers)

REGION/ZONE PARTICULAR 40 ANGLE CHANGE M-O-M75

CHANNELCHANGE M-O-M 200 BEAM CHANGE M-O-M

Indian prices (in INR/MT) As on 17 Mar 2020 North India Ghaziabad - - - - - - 35,400 - 200 - 1,100

East India Durgapur 31,800 - 300 - 1,300 34,300 - 300 - 1,300 33,300 - 300 - 1,300

Central India Raipur - - - 30,700 - 200 - 2,000 31,800 - 400 - 1,800

West India Ahmedabad 32,800 - 200 - 1,700 32,800 - 200 - 1,700 33,800 - 200 - 1,700

West India Mumbai 35,500 - 200 - 300 36,300 - 200 - 300 36,700 - 200 - 300

South India Hyderabad 33,700 - 100 - 1,900 33,300 - 100 - 1,900 - - -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, M-O-M -> Month On Month

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Page 9: Issue : 2837 Tuesday, 17 Mar 2020...DAILY STEEL REPORT Issue 2837, Tuesday, 17 Mar 2020 Imported HRC Market in Vietnam Observes Limited Trades Mar 16, 2020 00:00 Imported HRC offers

DAILY STEEL REPORT Issue 2837, Tuesday, 17 Mar 2020

Wire Rod

PARTICULAR SIZE/GRADE RAIPUR CHANGE W-O-W DURGAPUR CHANGE W-O-W

Indian prices (in INR/MT) As on date 16-Mar-2020 Wire Rod 5.5 MM 30,700 - 300 - 1,200 30,500 - 500 - 1,400

HB Wire 12 Gauge 32,900 - 300 - 1,200 32,500 - 500 - 1,400

Binding Wire 20 Gauge 38,000 - 700 - 700 39,500 - 600 - 1,500

GI Wire 12 Gauge 39,000 - 300 - 500 40,500 - 200 - 500

Barbed Wire 12*12 Gauge 41,000 - 300 - 500 43,500 - 200 - 500Weekly Assessment,Commercial Grade, Basic Price GST @ 18% extra

Finished Flat

REGION PARTICULARHRC CRC

PRICE CHANGE W-O-W M-O-M PRICE CHANGE W-O-W M-O-M

Indian prices (in INR/MT) As on 16 Mar 2020North India Delhi 38,200 - 100 - 100 - 600 43,600 0 0 - 200

North India Ludhiana 37,750 0 0 - 1,000 43,500 0 0 0

East India Kolkata 36,750 - 750 - 750 - 1,500 42,500 - 750 - 750 - 1,600

West India Ahmedabad 39,250 0 0 - 500 45,100 0 0 - 150

West India Mumbai 38,250 0 0 - 1,000 44,500 - 250 - 250 - 1,000

South India Chennai 39,500 0 0 - 300 45,250 0 0 - 500

South India Hyderabad 40,250 - 250 - 250 - 1,000 44,000 0 0 - 1,000All prices are basic, GST @ 18% extra.

Ferro AlloysPARTICULAR/DELIVERY SIZE/GRADE DELIVERY PRICE MIN MAX W-O-W M-O-M 3M-O-M

SILICO MANGANESE25-150 mm, 60-14 Ex-Durgapur 59,500 NA NA - 500 - 3,000 - 2,375

60-14 Ex-Raipur 58,750 58,500 59,000 - 750 - 3,750 - 3,125

FERRO SILICON HC 70% Ex-Guwahati 88,000 NA NA - 500 - 2,000 + 16,000

FERRO MANGANESE HC 70% Ex-Durgapur 62,000 NA NA 0 - 2,000 + 2,000

FERRO CHROME HC 60% Ex-Jajpur 58,000 NA NA - 1,500 - 4,000 - 1,000

CHROME ORE Friable 54%+Ex-Odisha (OMC-eAuction)

8,335 NA NA 0 - 2,613 NA

Prices last updated on: 2020-03-14,OMC E-Auction Prices Including Royalty

FERRO CHROME 10-150mm, HC 60%, India CNF China ¢62/lb NA NA 0 0 0

FERRO MANGANESE HC 75% FOB India $905 NA NA 0 NA + 15

SILICO MANGANESE 65-16 FOB India $945 $940 $950 0 - 35 + 35Prices last updated on: 2020-03-16,Weekly Assessment

Note:- W-O-W -> Week On Week, M-O-M -> Month On Month

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DAILY STEEL REPORT Issue 2837, Tuesday, 17 Mar 2020

Global PricesChina

COMMODITY PARTICULAR GRADE/SIZE PRICE CHANGE W-O-W M-O-M 3M-O-M

ExportBillet FOB China 125*125, BF Grade $389 - 4 - 4 - 83 - 88

TMT (Re-Bar) FOB China Commerical $445 + 1 + 2 - 7.5 - 25

Wire Rod FOB China 5.5mm $457 0 - 5 - 20 - 14

HRC FOB China 2.5mm $470 - 10 - 10 - 15 - 13

CRC FOB China 0.90 mm $510 + 2 + 2 - 13 - 8

ImportIron Ore CNF China Lumps Fe 64/63%, South Africa $111 + 1 + 1 + 6 + 12

Iron Ore CNF China Fines Fe 62%, Australia $91 0 + 4 + 1 0

Pellets CNF China 6-20mm, BF Grade $124.5 0 + 2.5 + 0.5 + 2.5

Coking Coal CNF China Premium HCC, Australia $169.25 - 2.25 - 2.25 + 4.25 + 18.75

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

FeCr CNF China HC 60% ¢62/lb 0 0 0 0

Mn Ore CNF China Mn 46% Lumps, Australia $4.7/dmtu - 0.25 0 0 0

Mn Ore CNF China Mn 38%, South Africa $4.05/dmtu - 0.2 0 - 0.55 0 CIS Nations

COMMODITY PARTICULAR GRADE/SIZE PRICE CHANGE W-O-W M-O-M 3M-O-M

ExportBillet FOB Black Sea 125*125, BF Grade $388 - 5.5 - 5.5 + 5.75 - 22

Slabs FOB Black Sea Commercial $400 - 15 - 15 - 28 - 3

Pig Iron FOB Black Sea Steel Grade $334 0 0 + 16 + 22

TMT (Re-Bar) FOB Black Sea Commercial $422 0 0 + 9 - 15.5

HRC FOB Black Sea 2.5mm $468 - 2 - 2 - 10 + 3

CRC FOB Black Sea 0.90mm $538 - 2 - 2 0 + 25 Japan/Korea

COMMODITY PARTICULAR GRADE/SIZE PRICE CHANGE W-O-W M-O-M 3M-O-M

ExportHRC FOB Korea 2.5mm $455 - 30 - 30 - 30 0

ImportFeCr CNF Japan HC 60% ¢66/lb 0 0 0 0

Note:- W-O-W -> Week On Week, M-O-M -> Month On Month, All prices are weekly assessment, Iron Ore are daily assessment

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DAILY STEEL REPORT Issue 2837, Tuesday, 17 Mar 2020

IndiaCOMMODITY PARTICULAR GRADE/SIZE PRICE CHANGE W-O-W M-O-M 3M-O-M

ExportIron 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 $390 - 10 - 10 - 10 - 31.33

Billet FOB India 150*150mm $385 - 10 - 10 - 10 - 31.33

Pig Iron FOB India Steel Grade $330 0 0 - 10 NA

HRC FOB India 2.5mm $470 - 13 - 13 - 40 - 3

CRC FOB India 0.9mm $528 0 0 - 55 + 20

SiMn FOB India 60/14% $840 0 0 - 50 + 10

FeMn FOB India HC 75% $905 0 0 NA + 15

FeSi FOB Bhutan 70-75% $1,300 0 0 0 + 300

ImportIron Ore CNF India Lumps Fe 64%, South Africa $107.5 0 0 0 + 17.5

Scrap CNF India HMS 1&2 ,Middle East $285 - 8 - 8 + 3 + 8.33

Scrap CNF India Shredded, Europe $300 - 9.5 - 9.5 + 8.67 - 4.67

Coking Coal CNF India Premium HCC, Australia $171.9 + 1 + 1 + 7.3 + 23

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 $455 0 - 15 - 15 - 29

HRC CNF India 2.5mm, China $505 0 0 - 5 - 3

HRC CNF India 2.5mm, Korea $503 0 0 - 2 + 15

CRC CNF India 0.90mm, China $535 + 2 + 2 - 13 - 8

HR Plate CNF India A 36 NA NA NA NA NA

Mn Ore CNF India Mn 38%, South Africa $4.05/dmtu - 0.2 0 - 0.55 0 Europe & US

COMMODITY PARTICULAR GRADE/SIZE PRICE CHANGE W-O-W M-O-M 3M-O-M

ExportPig Iron FOB Brazil Steel Grade $348 + 12 + 12 + 18 + 34

ImportScrap CFR Turkey HMS (80:20), US $276 - 2 - 2 + 2.67 - 25.33

HRC CIF Europe 2.5mm $510 - 10 - 10 - 15 - 13 Middle East & Africa

COMMODITY PARTICULAR GRADE/SIZE PRICE CHANGE W-O-W M-O-M 3M-O-M

ExportIron 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 $478 - 22 - 22 - 67 + 13

Note:- W-O-W -> Week On Week, M-O-M -> Month On Month, All prices are weekly assessment, Iron Ore are daily assessment

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DAILY STEEL REPORT Issue 2837, Tuesday, 17 Mar 2020

Live TendersCompany Type Grade Quantity Expiry Date Location View

BilletSAIL Sell Secondary steel 32,209 MT 17 Mar, 2020 Bhilai, Chattisgarh, India

BloomRINL Sell Bloom & Billet 4,500 MT 20 Mar, 2020 Vishakhapatnam, Andhra Pradesh, India

CoalRINL Buy Low Ash Coking Coal 4 MnT 30 Oct, 2020 Visakhapatnam, Andhra Pradesh, India

SAIL Sell Secondary Flats 5,088 MT 18 Mar, 2020 Bokaro, Jharkhand, India

MMTC Buy Hard Coking Coal 3,750 MT 17 Mar, 2020 New Delhi, Delhi, India

KIOCL Buy Anthracite Coal 25,000 MT 10 Apr, 2020 Bangalore, Karnataka, India

NCL Sell Raw Lignite 250,000 MT 19 Mar, 2020 Singrauli, Madhya Pradesh, India

NCL Sell Raw Lignite 50,000 MT 19 Mar, 2020 Singrauli, Madhya Pradesh, India

WCL Sell Non Coking Coal 558,000 MT 20 Mar, 2020 Nagpur, Maharashtra, India

CokeRINL Sell Nut Coke 5,300 MT 19 Mar, 2020 Vishakhapatnam, Andhra Pradesh, India

SAIL Sell Coke Dust 1,000 MT 17 Mar, 2020 Burnpur, West Bengal, India

Ferro ManganeseArcelor Mittal Buy Ferro Manganese 2,000 MT 25 Mar, 2020 Hazira, Gujarat, India

Ferro SiliconEssar Steel Limited Buy Ferro Silicon 600 MT 20 Mar, 2020 Hazira, Gujarat, India

Arcelor Mittal Buy Ferro Silicon 600 MT 20 Mar, 2020 Hazira, Gujarat, India

Fines/lumps

SAIL SellKiriburu Iron Ore Fines Size: [-10 mm]Fe:62% (Indicative)

200,000 MT 30 Mar, 2020 Kolkata, West Bengal, India

SAIL SellMeghahatuburu Iron Ore Fines Size: [-10 mm] Fe:62% (Indicati

300,000 MT 24 Mar, 2020 Kolkata, West Bengal, India

SAIL Sell text 1 MT 17 Mar, 2020 Kolkata, West Bengal, India

SAIL SellGua Iron Ore Fines (From old dump)Size: [-10 mm] Fe:60% (In

500,000 MT 25 Mar, 2020 Kolkata, West Bengal, India

SAIL Sell Iron Ore Rajhara Mine 28,000 MT 30 Mar, 2020 Bhilai, Chattisgarh, India

RINL Buy Iron ore fines 1 MnT 15 May, 2020 Vishakhapatnam, Andhra Pradesh, India

MMTC Buy Iron ore fines 1 MT 31 Mar, 2020 Bhubaneswar, Odisha, India

SAIL Sell Dalli Iron ore fines 28,000 MT 25 Mar, 2020 Bhilai, Chattisgarh, India

SAIL Sell Bolani Iron Ore Fines 100,000 MT 19 Mar, 2020 Kolkata, West Bengal, India

SAIL Sell Barsua Iron Ore Fines 100,000 MT 20 Mar, 2020 Kolkata, West Bengal, India

MSTC Sell Iron Ore 208,895 MT 17 Mar, 2020 Bangalore, Karnataka, India

SAIL Sell Bolani Ores Mines Iron Ore Fines 100,000 MT 30 Mar, 2020 Kolkata, West Bengal, India

SAIL Sell Barsua - Iron Ore Fines 40,000 MT 31 Mar, 2020 Kolkata, West Bengal, India

HrcTATA Steel Sell HR-CR Sheet 545 MT 17 Mar, 2020 Kanpur, Uttar Pradesh, India

Melting ScrapNTPC Sell Melting Scrap 454 MT 17 Mar, 2020 Aurangabad, Bihar, India

BHEL Sell MS Scrap 300 MT 17 Mar, 2020 Hyderabad, Telangana, India

View All

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DAILY STEEL REPORT Issue 2837, Tuesday, 17 Mar 2020

REPORTS Daily Steel Report

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