Issue : 3185 Tuesday, 20 Jul 2021
17
Issue : 3185 Tuesday, 20 Jul 2021
Transcript of Issue : 3185 Tuesday, 20 Jul 2021
Issue : 3185 Tuesday, 20 Jul 2021
DAILY STEEL REPORT Issue 3185, Tuesday, 20 Jul 2021
Vietnam: Formosa Ha Tinh slashes HRC prices by $60/t for Sep'21delivery
Jul 19, 2021 19:32
Vietnam’s domestic integrated steelmaker, Formosa Ha Tinh(FHS), has slashed hot-rolled coils (HRC) offers by $60/tonne (t) m-o-m for Sept’21 deliveries. Currently, the mill is offering HRC (skinpasses) at $970/t CIF Vietnam,
which was around $1,030/t CIF for Aug’21 shipments. However, themill had rolled over HRC prices for Aug’21 shipments in thepreceding month. Factors leading to the decline in HRC offers 1.Steep drop in imported HRC offer
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% 19 Jul | 10.36 IST $216 - 1 + 4 + 37
Iron Ore Lumps 1 Indian Imports Lumps, Fe 64% 19 Jul | 10.36 IST $265 0 - 5 + 64
Pellets ( Brazil ) 2 China Imports 6-20 mm, Fe 65% 14 Jul | 18.23 IST $322 + 3 + 20 + 73
Pellets ( India ) 2 China Imports 6-20 mm, Fe 64% 14 Jul | 18.23 IST $248 - 25 - 5 + 26.5
Coking 2 Australia Exports Premium HCC 19 Jul | 18.31 IST $211 0 + 30 + 101
Met Coke 2 India Imports 64% CSR, China-origin 19 Jul | 18.32 IST $440 0 + 12.5 + 27
Non Coking 2 India Imports RB2 , South Africa origin 19 Jul | 12.15 IST $113.6 0 + 6.52 + 30.07
Graphite Electrode 2 China Exports 600mm, UHP 02 Jul | 15.59 IST 26,000RMB/t + 1,000 - 1,000 NA
Scrap 2 India Imports Shredded 16 Jul | 18.15 IST $542 - 2 + 4.6 + 79
Scrap 2 Turkey Imports HMS 1&2 15 Jul | 17.38 IST $485 - 8 - 19.2 + 60.17
Scrap 2 Pakistan Imports Shredded 15 Jul | 17.38 IST $546 - 4 + 9 + 85.83
Scrap 2 Bangladesh Imports Shredded 14 Jul | 18.11 IST $560 + 5 + 13.4 + 80
Scrap ( Ship Breaking ) 2 India Imports Containers 19 Jul | 15.03 IST $560 + 10 NA + 90
Billet 2 India Exports 150*150, 3SP/4SP 16 Jul | 18.00 IST $613 + 10 + 2 + 13.5
Billet 2 China Exports - - - -
Billet 2 Russia Exports 130*130, 3SP 16 Jul | 18.00 IST $643 + 8 - 2.5 + 41.5
Billet 2 Iran Exports 130*130, 3SP 16 Jul | 18.00 IST $620 + 2 - 17.5 + 32
Sponge Iron 2 India Exports Lumps, FeM 80 15 Jul | 18.05 IST $450 0 - 45 + 7.5
Pig Iron 2 India Exports Steel Grade 17 Jul | 15.56 IST $508 - 2 - 52 - 22
Pig Iron 2 Russia Exports Steel Grade 17 Jul | 15.56 IST $590 - 15 - 40 + 45
HRC 2 China Exports 3-12mm, SS400 13 Jul | 19.26 IST $940 + 10 - 5 + 40
HRC 2 India Exports 2.5 mm, SAE1006 13 Jul | 18.48 IST $882 - 30 - 113 - 54
HRC 2 South Korea Exports 1.6-2.5mm, SAE 1006 13 Jul | 18.48 IST $1,035 - 20 - 20 + 70
HRC ( China ) 2 Vietnam Imports 2-3mm, SAE 1006 13 Jul | 19.07 IST $925 0 - 60 - 10
CRC 2 India Exports 0.9 mm, IS 513 Gr.O 14 Jul | 17.13 IST $1,325 0 - 70 + 125
CRC 2 China Exports 0.90mm, SPCC 14 Jul | 17.13 IST $955 + 35 - 40 + 80
HR Plate2 China Exports 5-10mm, SS 400 14 Jul | 17.23 IST $900 + 15 - 15 + 40
GP 2 China ExportsDX51D+z80, Width 1,000-1,500 mm, thickness 0.5-2mm
15 Jul | 17.06 IST $945 + 25 - 30 + 5
Silico Manganese 2 India Exports 65-16 19 Jul | 18.22 IST $1,430 0 - 103.33 + 125
Ferro Chrome 2 China Import 10-150mm, HC 60% 14 Jul | 19.10 IST ¢107 /lb + 2 + 14 + 14
Manganese Ore 2 India Imports Lumps, Mn 37% 17 Jul | 12.09 IST $4.8 /dmtu - 0.05 - 0.05 + 0.3
Ferro Manganese 2 India Exports HC 75% 16 Jul | 19.17 IST $1,445 - 5 - 20 + 245
Ferro Silicon 2 Bhutan Exports 70% 15 Jul | 18.58 IST $1,870 + 20 + 90 + 4301-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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DAILY STEEL REPORT Issue 3185, Tuesday, 20 Jul 2021
Vietnam: Imported scrap trade subdued, slight price correction likely
The imported scrap market in Vietnam remained less active owing to increasing Covid-19cases and recent correction in Japanese domestic scrap prices. Imported scrap offers intoVietnam...
ON: 2021-07-19 Category: Scrap & Metallics Read More
Vietnam: Formosa Ha Tinh slashes HRC prices by $60/t for Sep'21 delivery
Vietnam's domestic integrated steelmaker, Formosa Ha Tinh (FHS), has slashed hot-rolledcoils (HRC) offers by $60/tonne (t) m-o-m for Sept’21 deliveries. Currently, the mill is o...
ON: 2021-07-19 Category: Finish Flat Read More
Taiwan: Covid concerns, monsoon hit steel exports in Jun'21
Taiwan’s steel exports in Jun’21 exhibited a mixed trend. While the volumes of finished flatsteel declined due to various challenges being faced by South East Asian countr...
ON: 2021-07-19 Category: Finish Flat Read More
China: Shagang lifts scrap purchase prices by $12/t after 1-month gap
China’s largest electric-arc furnace (EAF) steel maker, the Jiangsu Shagang Group,announced its first hike for scrap purchases for Jul’21. The company today announced asc...
ON: 2021-07-19 Category: Scrap & Metallics Read More
South Korea: Galvanised steel exports up 3% on year in H1 CY'21
Leading Asian steel producer and exporter, South Korea, has posted total galvanised steelexports at 3.02 mn t in the Jan-Jun’21 period – over 3% higher compared with the s...
ON: 2021-07-19 Category: Finish Flat Read More
China mills' steel stocks decline further
Stocks of the five major finished steel products at the 184 Chinese steel mills underMysteel's weekly survey continued to empty over July 8-14, falling for the second week to6.3 mill...
ON: 2021-07-19 Category: Finish long Read More
more news
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DAILY STEEL REPORT Issue 3185, Tuesday, 20 Jul 2021
India: OMC reschedules iron ore auction, raises base price sharplyJul 19, 2021 20:54
State-run Odisha Mining Corporation (OMC) has rescheduled itsiron ore fines auction, initially held on 8 Jul’21, for 22 Jul, as perlatest SteelMint reports. However, the quantity to be put underthe hammer has been reduced to 689,000 t
compared with 1.06 mn t earlier. The auction was cancelled byOMC due to unexpected fall in bids. Steep rise in base priceInterestingly, OMC has increased the base price for the auction byup to INR 2,550/t as against the last e-auction on
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 17 Jul | 16.29 IST 14,350 0 0 + 3,900
Fines/lumps 2 Iron Ore Index 0-10 mm, Fe 63% 17 Jul | 16.29 IST 10,000 + 300 + 300 + 2,150
Iron Ore 3 NMDC 6-40 mm, Fe 65.5% 10 Jul | 12.09 IST 7,450 - 200 - 200 + 1,050
Iron Ore 3 NMDC 0 -10 mm, Fe 64% 10 Jul | 12.09 IST 6,360 - 200 - 200 + 1,550
Pellets 2 Raipur 6-20 mm, Fe 63% 19 Jul | 12.33 IST 14,600 - 1,400 - 1,400 - 400
Pellets 2 Bellary 6-20 mm, Fe 63% 16 Jul | 18.30 IST 12,500 - 200 - 1,150 + 125
Coal 2 Ex-India (East) 25-90 mm, Met Coke, BlastFurnace 14 Jul | 16.38 IST 27,500 0 - 1,000 - 1,500
Graphite Electrode 3 Ex-India 600mm, UHP 02 Jul | 14.43 IST 345,000 + 27,500 + 27,500 + 25,000
Mill Scale 2 FoR-Kandla Fines, Fe 70/68% 17 Jul | 16.28 IST 9,400 + 800 + 1,900 + 3,600
Scrap 1 Ex-Mumbai HMS 19 Jul | 17.22 IST 33,500 + 300 - 1,200 - 500
Scrap 1 Ex-Alang HMS 19 Jul | 17.22 IST 34,900 + 300 - 2,600 - 1,800
Pig Iron 1 Ex-Ludhiana, Foundary Foundry Grade 19 Jul | 14.04 IST 43,500 + 500 - 600 - 800
Sponge Iron 1 Ex-Raipur Mix , FeM 80%, +/-1 19 Jul | 17.25 IST 30,700 + 400 - 1,300 + 900
Sponge Pellet 1 Ex-Raipur Lumps, FeM 80%, +/-1 19 Jul | 17.39 IST 29,200 - 100 - 1,500 + 400
Billet 1 Ex-Mumbai 100x100mm, IS 2831 19 Jul | 18.12 IST 43,100 + 300 + 100 - 800
Billet 1 Ex-Raipur 100x100mm, IS 2831 19 Jul | 18.12 IST 41,900 + 200 - 500 + 900
TMT (Re-Bar) Secondarymills 1 Ex-Mumbai 12-25mm, Induction Grade,
IS 1786- 500 Fe 19 Jul | 17.04 IST 47,200 0 + 1,000 - 1,900
TMT (Re-Bar) Secondarymills 1 Ex-Delhi/NCR 12-25mm, Induction Grade,
IS 1786- 500 Fe 19 Jul | 17.10 IST 46,100 + 100 - 2,300 - 2,400
Structure 1 Ex-Mumbai 40*40 Angle, CommercialGrade 19 Jul | 10.11 IST 48,100 + 200 - 400 - 1,000
Wire Rod 1 Ex-Raipur 5.5 mm, Wire Rod,Induction grade 19 Jul | 17.11 IST 45,900 + 300 + 200 + 1,100
HRC 2 Ex-Delhi 2.5-8mm, IS2062 14 Jul | 18.33 IST 62,750 0 - 2,500 + 1,250
HRC 2 Ex-Mumbai 2.5-8mm, IS2062 14 Jul | 18.33 IST 64,500 - 500 - 3,000 - 250
CRC 2 Ex-Delhi 0.90mm, IS 513 Gr O 14 Jul | 18.58 IST 76,000 - 1,000 - 3,000 + 3,500
CRC 2 Ex-Mumbai 0.90mm, IS 513 Gr O 14 Jul | 19.05 IST 79,500 - 1,400 - 4,563 + 2,000
HR Plate2 Ex-Mumbai 5-10mm, Gr E-250 15 Jul | 18.21 IST 64,500 0 - 2,500 + 250
GP 2 Ex-Mumbai 0.8mm, 120 GSM 16 Jul | 18.27 IST 84,500 - 1,000 - 2,000 + 5,000
Silico Manganese 2 Ex-Raipur 25-150 mm, 60-14 19 Jul | 18.20 IST 94,500 - 500 - 5,542 + 7,375
Ferro Manganese 2 Ex-Raipur HC 70% 16 Jul | 19.11 IST 98,500 - 1,000 - 1,250 + 12,000
Ferro Chrome 2 Ex-Jajpur HC 60% 14 Jul | 18.52 IST 105,750 + 600 + 8,750 + 16,750
Manganese Ore 2 Ex Balaghat, MOIL Lumps, Mn 37%, Fe 7.5% 01 Jul | 13.06 IST 15,334 + 1,070 + 1,070 NA
Chrome Ore 2 Ex-Odisha OMC, E-auction Lumps, Friable 48-50% 01 Jul | 13.09 IST 17,326 + 2,669 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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DAILY STEEL REPORT Issue 3185, Tuesday, 20 Jul 2021
India: OMC reschedules iron ore auction, raises base price sharply
State-run Odisha Mining Corporation (OMC) has rescheduled its iron ore fines auction,initially held on 8 Jul'21, for 22 Jul, as per latest SteelMint reports. However, the quantity to...
ON: 2021-07-19 Category: Iron Ore Read More
Indian DRI, billet and rebar update - 19 Jul
The Indian secondary steel market was upbeat on 19 Jul’21, with prices moving up inmajor locations by up to INR 700/tonne (t) ($9), d-o-d. As per SteelMint assessment, Indiansp...
ON: 2021-07-19 Category: Semi Finished Read More
SteelMint's billet index increases by INR 200/t on active demand - 19 Jul
SteelMint's daily billet index is assessed at INR 41,900/tonne (+INR 200) exw-Raipur on 19Jul'21. In all, about 4,600 t of transactions in steel billets were recorded by SteelMint tod...
ON: 2021-07-19 Category: Semi Finished Read More
SteelMint: India's domestic steel scrap index sharply rises by INR 800/ttracking semis' movement
SteelMint’s domestic steel scrap (end cutting) index gained by INR 800/tonne (t) to moveup to INR 35,600/tonne (t) DAP Mandi Gobindgarh. Today's gain was led by adequateprice ...
ON: 2021-07-19 Category: Scrap & Metallics Read More
more news
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DAILY STEEL REPORT Issue 3185, Tuesday, 20 Jul 2021
Iron Ore
PARTICULAR/DELIVERY SIZE/GRADE DELIVERY PRICE MIN MAX W-O-W 1M 3M
Indian prices (in INR/MT) As on Week 30 ( 19 Jul - 25 Jul )
NMDC 0 -10 mm, Fe 64% F.O.R Siding 6,360 6,360 6,360 - 200 - 200 + 1,550
NMDC 6-40 mm, Fe 65.5% F.O.R Siding 7,450 7,450 7,450 - 200 - 200 + 1,050
Lumps, Karnataka e-auction 10-20mm, Fe 63% Ex-Mines 6,950 NA NA + 180 + 180 + 1,840
Fines, Karnataka e-auction 0 -5 mm, Fe 60% Ex-Mines 4,370 NA NA + 100 + 100 + 1,130
Odisha Iron Ore Index 0-10 mm, Fe 63% Ex-mines 10,000 NA NA + 300 + 300 + 2,150
Odisha Iron Ore Index 10-30mm, Fe 63%, BF Grade Ex-mines 14,000 13,800 14,200 0 0 + 3,950
Odisha Iron Ore Index 5-18 mm, Fe 63%, DR Grade Ex-mines 14,350 14,000 14,700 0 0 + 3,900
Fines/Lump 0-10mm, Fe 62% Ex-mines 9,400 NA NA + 300 + 250 + 1,950
Prices last updated on: 2021-07-17,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 20 Jul 2021
CNF China Fines, Fe 61.5% (Australia Origin), Australia - $216 NA NA - 1 + 4 + 37
CNF India Lumps, Fe 64% (South Africa origin), South Africa - $265 NA NA 0 - 5 + 64
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 30 ( 19 Jul - 25 Jul )
Ex-Barbil 6-20 mm, Fe 63% FOR Siding 15,050 15,000 15,100 0 - 450 + 1,300
Ex-Durgapur 6-20 mm, Fe 63% Ex-Works 14,500 14,300 14,700 - 200 - 750 + 1,100
Ex-Raipur 6-20 mm, Fe 63% Ex-Works 14,600 14,600 14,600 - 1,400 - 1,400 - 400
Ex-Bellary 6-20 mm, Fe 63% Ex-Works 12,500 12,500 12,500 - 200 - 475 + 175Prices last updated on: 2021-07-19,Weekly Assessment, GST @ 5% extra., Barbil and Kandla - Prices Loaded to Wagons
Global prices (in USD/MT) As on Week 30 ( 19 Jul - 25 Jul )
CNF China6-20 mm, Fe 64% (India Origin), India - $248 NA NA - 25 - 5 + 26.5
6-20 mm, Fe 65% (Brazil Origin), Brazil - $322 NA NA + 3 + 20 + 73
FOB India 6-20 mm, Fe 64% - $221 NA NA - 25 - 9 + 16.5
Prices last updated on: 2021-07-14,
Coal
Global prices (in USD/MT) As on Week 30 ( 19 Jul - 25 Jul )
Prices last updated on: ,
Scrap
Indian prices (in INR/MT) As on 20 Jul 2021
Ex-Alang HMS(80:20) Ex-Yard 34,900 34,800 35,000 + 300 - 2,600 - 1,800
Ex-Mumbai HMS(80:20) DAP 33,500 33,300 33,700 + 300 - 1,200 - 500
Ex-Chennai HMS(80:20) DAP 33,000 32,800 33,200 0 - 3,000 - 1,400
Ex-Alang HMS(80:20), Ship Breaking Ex-Yard 34,900 34,800 35,000 + 300 - 2,600 - 1,800Prices last updated on: 2021-07-19 11:13:05,Daily Assessment , Basic Price GST @ 18% extra,
Global prices (in USD/MT) As on Week 30 ( 19 Jul - 25 Jul )
CNF IndiaHMS 1&2(80:20) (Containers, Europe Origin), Europe - $515 $510 $520 0 + 19 + 73.67
Shredded (Containers, Europe Origin), Europe - $542 $537 $547 - 2 + 9 + 76
CNF Turkey HMS 1&2(80:20) (Bulk, US Origin), USA - $485 $480 $490 - 8 - 14.6 + 53.17Prices last updated on: 2021-07-19,Weekly Assessment
Note:- W-O-W: Week On Week, 1M: Change over last month, 3M: Change over last 3 months
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DAILY STEEL REPORT Issue 3185, Tuesday, 20 Jul 2021
Sponge
REGION PARTICULARSPONGE IRON (C-DRI) PELLET SPONGE (P-DRI)
PRICE CHANGE W-O-W 1M PRICE CHANGE W-O-W 1M
Indian prices (in INR/MT) As on 19 Jul 2021
North India Mandi Gobindgarh 33,700 + 200 + 400 - 1,500 - - - -
East India Durgapur 31,900 + 400 + 900 + 100 29,900 + 400 + 900 + 100
East India Rourkela 29,950 + 150 + 150 - 1,050 - - - -
Central India Raigarh 29,900 + 200 + 400 - 1,100 28,850 + 400 + 350 - 1,150
Central India Raipur 30,700 + 400 + 300 - 1,300 29,200 - 100 + 100 - 1,500
South India Bellary 29,650 + 250 + 150 + 450 28,800 + 200 + 450 - 50
South India Hyderabad - - - - 29,800 0 + 800 + 300
All prices are basic, GST extra. Scrap
PARTICULAR/DELIVERY SIZE/GRADE DELIVERY PRICE MIN MAX W-O-W 1M 3M
Indian prices (in INR/MT) As on 20 Jul 2021
Ex-Mandi Old Scrap DAP 31,800 31,700 32,000 + 800 - 1,800 - 1,600
Ex-Durgapur HMS(80:20) DAP 35,700 35,500 35,900 0 - 1,100 + 500
Ex-RaipurEnd Cutting DAP 37,300 37,000 37,400 + 300 - 1,000 + 1,100
HMS(80:20) DAP 35,800 35,500 35,900 + 300 - 1,000 + 1,100
Ex-Ahmedabad HMS(80:20) DAP 34,200 34,000 34,400 + 300 - 1,500 - 1,900
Ex-Mumbai HMS(80:20) DAP 33,500 33,300 33,700 + 300 - 1,200 - 500
Ex-Chennai HMS(80:20) DAP 33,000 32,800 33,200 0 - 3,000 - 1,400
Ex-Hyderabad HMS(80:20) DAP 32,300 32,100 32,500 - 100 - 2,700 + 300Prices last updated on: 2021-07-19 17:22:11,Daily Assessment , Basic Price GST @ 18% extra, Pig Iron
Indian prices (in INR/MT) As on 20 Jul 2021
DAP-Ludhiana Steel Grade DAP 40,300 40,200 40,400 + 300 + 300 - 300
Ex-Durgapur Steel Grade Ex-Works 37,500 37,300 37,600 + 200 - 800 - 900
Ex-Rourkela Steel Grade Ex-Works 37,200 37,100 37,300 0 - 400 - 1,400
DAP-Raigarh Steel Grade DAP 38,300 38,200 38,400 0 - 700 - 1,300
DAP-Raipur Steel Grade DAP 38,000 38,000 38,200 0 - 900 - 1,500
DAP-Hyderabad Steel Grade DAP 40,000 39,900 40,100 0 0 NA
DAP-Delhi Foundry Grade DAP 43,900 43,800 44,000 + 500 - 100 - 100
DAP-Ludhiana Foundry Grade DAP 43,500 43,400 43,600 + 500 - 600 - 800
Ex-Kharagpur Foundry Grade Ex-Works 41,000 40,800 41,000 0 - 2,600 - 1,000
DAP-Ahmedabad Foundry Grade DAP 45,500 45,300 45,700 + 100 0 + 1,200Prices last updated on: 2021-07-19 14:04:48,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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DAILY STEEL REPORT Issue 3185, Tuesday, 20 Jul 2021
Ingot/Billet
REGION PARTICULARINGOT BILLET REBAR
PRICE CHANGE 1M PRICE CHANGE 1M PRICE CHANGE 1M
Indian prices (in INR/MT) As on 19 Jul 2021
North India
Ghaziabad 41,800 + 400 - 1,700 - - - - - -
Mandi Gobindgarh 44,200 + 700 - 500 44,400 + 700 - 500 48,600 + 300 - 1,600
Muzaffarnagar 41,900 + 300 - 1,700 - - - 44,700 + 200 - 2,000
East IndiaDurgapur 41,400 + 200 + 300 41,800 + 300 + 200 44,100 + 600 - 1,150
Rourkela 40,500 + 400 - 500 41,100 + 600 - 400 44,000 - 100 - 1,450
Central IndiaRaigarh 40,550 + 150 - 650 41,250 + 50 - 550 44,000 + 200 - 1,400
Raipur 41,200 + 200 - 600 41,900 + 200 - 500 44,300 + 200 - 1,000
West India
Ahmedabad 43,400 + 300 - 400 44,300 + 500 0 47,800 + 300 - 500
Goa 41,200 0 - 1,000 41,500 0 - 1,000 46,000 0 - 1,600
Jaipur 43,000 + 200 - 1,000 - - - - - -
Mumbai 42,700 + 300 0 43,100 + 300 + 100 47,200 0 + 1,000
South IndiaHyderabad 42,100 + 500 + 500 42,500 + 500 + 500 46,500 0 - 300
Chennai - - - 43,000 0 - 2,500 47,500 0 - 3,100
West India Jalna - - - - - - 46,500 + 300 - 700
South India Bangalore - - - - - - 46,000 0 - 2,400
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
Indian prices (in INR/MT) As on 20 Jul 2021
Ex-Mandi Gobindgarh 12-25mm Ex-Works 48,600 48,400 48,700 57,300 + 300 - 1,600 - 800
Ex-Muzaffarnagar 12-25mm Ex-Works 44,700 44,600 44,800 52,700 + 200 - 2,000 - 1,800
Ex-Durgapur 12-25mm Ex-Works 44,100 44,000 44,200 52,000 + 600 - 1,150 - 2,400
Ex-Rourkela 12-25mm Ex-Works 44,000 43,900 44,100 51,900 - 100 - 1,450 - 2,200
Ex-Raigarh 12-25mm Ex-Works 44,000 43,900 44,100 51,900 + 200 - 1,400 - 1,300
Ex-Raipur 12-25mm Ex-Works 44,300 44,200 44,500 52,300 + 200 - 1,000 - 1,500
Ex-Ahmedabad 12-25mm Ex-Works 47,800 47,600 48,000 56,400 + 300 - 500 - 2,100
Ex-Goa 12-25mm Ex-Works 46,000 45,800 46,100 54,300 0 - 1,600 - 5,500
Ex-Jalna 12-25mm Ex-Works 46,500 46,300 46,700 54,900 + 300 - 700 - 3,200
Ex-Mumbai 12-25mm Ex-Works 47,200 47,000 47,300 55,700 0 + 1,000 - 1,900
Ex-Bangalore 12-25mm Ex-Works 46,000 45,800 46,200 54,300 0 - 2,400 - 3,700
Ex-Chennai 12-25mm Ex-Works 47,500 47,300 47,700 56,100 0 - 3,100 - 3,700
Ex-Hyderabad 12-25mm Ex-Works 46,500 46,400 46,600 54,900 0 - 300 - 500Prices last updated on: 2021-07-19 18:06:59,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
Indian prices (in INR/MT) As on 20 Jul 2021
North India Ghaziabad - - - - - - 49,100 0 - 1,200
East India Durgapur 45,400 + 200 - 800 45,400 + 200 - 800 45,000 + 500 - 1,000
Central India Raipur - - - 44,400 0 - 500 45,500 + 100 - 1,100
West India Ahmedabad 46,400 + 100 - 1,600 46,400 + 100 - 1,600 47,400 + 100 - 1,600
West India Mumbai 48,100 + 200 - 400 48,900 + 200 - 400 49,300 + 200 - 400
South India Hyderabad 47,000 + 400 - 300 46,600 + 400 - 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
Note:- W-O-W: Week On Week, 1M: Change over last month, 3M: Change over last 3 months
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DAILY STEEL REPORT Issue 3185, Tuesday, 20 Jul 2021
Wire Rod
PARTICULAR SIZE/GRADE RAIPUR CHANGE W-O-W DURGAPUR CHANGE W-O-W
Indian prices (in INR/MT) As on date 19-Jul-2021
Wire Rod, Induction grade 5.5 mm 45,900 + 300 + 400 45,000 + 500 + 500
HB Wire, Induction grade 12 Gauge - - - 47,000 + 500 + 500
Induction grade, 12 Gauge HB Wire 48,200 + 300 + 400 - - -
GI Wire, Induction grade 12 Gauge 52,500 + 200 0 53,000 + 300 + 500
Binding Wire, Induction grade 20 Gauge 53,800 + 300 + 400 53,600 + 300 + 400
Barbed Wire, Induction grade 12*12 Gauge 54,500 + 200 0 55,800 + 300 + 1,000
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
Indian prices (in INR/MT) As on 19 Jul 2021
North India Delhi 62,750 0 0 - 2,500 76,000 - 1,000 - 1,000 - 3,000
North India Ludhiana 62,000 0 0 - 3,500 74,700 - 300 - 300 - 5,300
East India Kolkata 62,800 - 700 - 700 - 2,700 74,500 - 500 - 500 - 3,500
West India Ahmedabad 65,800 - 950 - 950 - 2,200 80,250 - 850 - 850 - 2,500
West India Mumbai 64,500 - 500 - 500 - 3,000 79,500 - 1,400 - 1,400 - 4,563
South India Chennai 65,250 - 2,000 - 2,000 - 4,750 83,750 - 250 - 250 - 2,750
South India Hyderabad 65,100 - 800 - 800 - 3,275 81,500 - 400 - 400 - 4,667All prices are basic, GST @ 18% extra.
Ferro Alloys
PARTICULAR/DELIVERY SIZE/GRADE DELIVERY PRICE MIN MAX W-O-W 1M 3M
Silico Manganese 25-150 mm, 60-14Ex-Durgapur 94,500 NA NA 0 - 5,500 + 7,125
Ex-Raipur 94,500 NA NA - 500 - 5,542 + 7,375
Ferro Silicon HC 70% Ex-Guwahati 145,000 NA NA - 2,500 + 5,000 + 36,000
Ferro Manganese HC 70% Ex-Durgapur 98,500 NA NA - 1,300 - 1,125 + 11,500
Ferro Chrome HC 60% Ex-Jajpur 105,750 NA NA + 600 + 8,750 + 16,750
Chrome Ore Friable 54%+ Ex-Jajpur (OMC-eAuction) 19,364 NA NA + 3,091 NA NA
Prices last updated on: 2021-07-01,OMC E-Auction Prices Including Royalty
Ferro Chrome 10-150mm, HC 60% (cents/lb), India CNF China ¢107 /lb NA NA + 2 + 14 + 14
Ferro Manganese HC 75% FOB India $1,445 NA NA - 5 - 20 + 245
Silico Manganese 65-16 FOB India $1,430 NA NA 0 - 103.33 + 125
Prices last updated on: 2021-07-19,Weekly Assessment
Note:- W-O-W: Week On Week, 1M: Change over last month, 3M: Change over last 3 months
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DAILY STEEL REPORT Issue 3185, Tuesday, 20 Jul 2021
SteelMint's billet index increases by INR 200/t on active demand - 19 Jul19 Jul 2021
Rationale:
SteelMint’s daily billet index is assessed at INR 41,900/tonne (+INR 200) exw-Raipur on 19 Jul’21.
In all, about 4,600 t of transactions in steel billets were recorded by SteelMint today as against 1,400 t on 17 Jul.
The index remains supported as demand continues to remain active, with market participants hoping that prices should not reversedownwards due to production curbs, which have affected supply in the spot semis market, especially in the central and eastern regionsof the country.
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) – Six 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 41,900/t, two at INR 41,800/t and one deal each at INR 41,750/t &INR 41,700/t. The average price of these six transactions was INR 41,881/t and given a 50% weightage in the final price calculation. Apartfrom this one trade was recorded at INR 41,500/t at 13:00 pm but was excluded due to timing.Other Price Indicators – bids/offers/indicative (T2) – Twelve offers reported in the trading window and considered as T2 inputs. The●
average price of these twelve was INR 41,891/t and given a 50% weightage in the final price calculation.
The final price for billet exw Raipur was at INR 41,886/t, rounded to INR 41,900/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
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DAILY STEEL REPORT Issue 3185, Tuesday, 20 Jul 2021
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 $940 + 10 + 10 - 5 + 40
CRC FOB China 0.90 mm $955 + 35 + 35 - 40 + 80
Import
Iron Ore CNF China Lumps Fe 64/63%, South Africa $262 + 1 + 4 - 2 + 42
Iron Ore CNF China Fines Fe 62%, Australia $221 - 1 + 4 + 4 + 37
Pellets CNF China 6-20mm, BF Grade $322 + 3 + 3 + 20 + 73
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% ¢107/lb + 2 + 2 + 14 + 14
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 $643 + 8 + 12 - 2.5 + 41.5
Slabs FOB Black Sea Commercial $925 0 0 - 20 + 190
Pig Iron FOB Black Sea Steel Grade $590 - 15 - 15 - 40 + 45
TMT (Re-Bar) FOB Black Sea Commercial NA NA NA NA NA
HRC FOB Black Sea 2.5mm $930 - 20 - 20 - 70 - 20
CRC FOB Black Sea 0.90mm $1,135 0 0 - 58 + 115 Japan/Korea
Export
HRC FOB Korea 2.5mm $1,035 - 20 - 20 - 20 + 70
Import
FeCr CNF Japan HC 60% ¢110/lb + 2 + 2 + 11 + 12
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
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DAILY STEEL REPORT Issue 3185, Tuesday, 20 Jul 2021
COMMODITY PARTICULAR GRADE/SIZE PRICE CHANGE W-O-W 1M 3M
India
Export
Iron Ore FOB India Fines, Fe 58/57% $84 - 3 - 1 - 4 - 7
Billet FOB India 150*150mm $613 + 10 + 23 + 2 + 13.5
Pig Iron FOB India Steel Grade $508 - 2 - 2 - 52 - 22
HRC FOB India 2.5mm $882 - 30 - 30 - 113 - 54
CRC FOB India 0.9mm $1,325 0 0 - 70 + 125
SiMn FOB India 60/14% $1,320 0 - 13.33 - 70 + 117.5
FeMn FOB India HC 75% $1,445 - 5 - 5 - 20 + 245
FeSi FOB Bhutan 70-75% $1,870 + 20 + 20 + 90 + 430
Import
Iron Ore CNF India Lumps Fe 64%, South Africa $265 0 - 8 - 5 + 64
Scrap CNF India HMS 1&2 ,Middle East $480 0 0 0 + 39.67
Scrap CNF India Shredded, Europe $542 - 2 - 1.6 + 9 + 76
Coking Coal CNF India Premium HCC, Australia $237.45 + 0.45 + 2.45 + 29.15 + 102.9
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 $985 + 35 + 35 - 40 + 40
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 $620 0 0 - 13 + 80
Import
Scrap CFR Turkey HMS (80:20), US $485 - 8 - 5.4 - 14.6 + 53.17
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 $995 + 30 + 30 + 5 + 20
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
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DAILY STEEL REPORT Issue 3185, Tuesday, 20 Jul 2021
IntelIron Ore
» India: Jindal SAW cuts pellet offer by INR 800/t Jul 19, 2021 19:00
» India: Bids fall by around INR 150/t in Karnataka iron ore auction Jul 19, 2021 17:32
» India: Godawari Power & Ispat enhancing iron ore beneficiation capacity Jul 19, 2021 16:33
» China: Pressure piles on iron ore, steel futures amid output cuts Jul 19, 2021 16:30
» India: OMC re-schedules iron ore fines auction, hikes base price Jul 19, 2021 13:57
Coal» India: South African RB2 coal offers rise at major ports Jul 19, 2021 18:57
» South Africa: Operations at Richards Bay terminal normalising slowly Jul 19, 2021 15:55
» India: Indonesian 5,100 GAR grade coal traded at INR 9,200/t ex-Vizag Jul 19, 2021 14:35
» Global coal-fired power generation to rise by 5% in 2021 Jul 17, 2021 15:20
» Australian coking coal prices remain supported on limited availability Jul 17, 2021 13:12
Scrap & Metallics» India: Sponge iron prices increase by INR 200-250/t in Bellary Jul 19, 2021 19:04
» India: Optimistic sentiments prop up melting scrap prices Jul 19, 2021 19:03
» India: Raipur market witnesses around 5,000 t of sponge iron deals Jul 19, 2021 19:01
» Japan: Tokyo Steel reduces scrap purchase price by up to $9/t Jul 19, 2021 14:43
» India: Tata Metaliks increases basic grade pig iron prices by 2% Jul 19, 2021 14:08
Steel» India: IF grade rebar prices rise by up to INR 600/t Jul 19, 2021 19:11
» Indonesia: Billet exports to China up 150% in Jan-May'21 Jul 19, 2021 18:48
» Vietnam's Formosa lowers HRC offers by $60/t m-o-m Jul 19, 2021 16:59
» Taiwan: CSC's steel production drops 2.6% y-o-y in H1 CY'21 Jul 19, 2021 16:16
» India: Furnace operators meet Steel Minister over rising costs, power shortage Jul 19, 2021 15:27
Ferro Alloy» India: Tata Steel, Jindal Stainless to jointly develop chrome ore mining in Odisha Jul 19, 2021 18:55
» India: Bids edge up at ferro chrome auction on rising Chinese enquiries amid supply pressure Jul 19, 2021 17:03
» India: Bids drop by INR 6,400/t at SAIL's silico manganese auction Jul 16, 2021 19:05
» India: MOIL to auction 1,100 t ferro manganese on 29 Jul'21 Jul 16, 2021 18:40
» China: Ferro chrome offers rise sharply to RMB 9,000/t ($1,390/t) Jul 16, 2021 12:34
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
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DAILY STEEL REPORT Issue 3185, Tuesday, 20 Jul 2021
Live TendersCOMPANY TYPE GRADE QUANTITY EXPIRY DATE LOCATION VIEW
Bauxite
Government of Odisha Sell Karlapat Bauxite Block 1 Nos 24 Jul, 2021 Bhubaneswar, Odisha, India
Billet/ingot/slab
RINL Sell 150x150mm sp3 30,000 MT 20 Jul, 2021 Vishakhapatnam, Andhra Pradesh, India
RINL Sell 65 x 65 mm 10,000 MT 20 Jul, 2021 Vishakhapatnam, Andhra Pradesh, India
SAIL Sell Secondary flat & long steel 14,240 MT 20 Jul, 2021 Bhilai, Chattisgarh, India
RINL Sell 90x90 20,000 MT 20 Jul, 2021 Vishakhapatnam, Andhra Pradesh, India
Ferro Manganese
MOIL Limited Sell High Carbon Ferro Chrome (HCFC) 5,385 MT 29 Jul, 2021 Nagpur, Maharashtra, India
Fines/lumps
MMTC Buy Manganese Ore 75,000 MT 23 Jul, 2021 Delhi, Delhi, India
SAIL Sell Dalli-Fe:52.52% & 51-11% 76,000 MT 20 Jul, 2021 Bhilai, Chattisgarh, India
NMDC Sell Kirandul Lumps 50,400 MT 20 Jul, 2021 Dantewada, Chattisgarh, India
Government of Odisha Sell Kasia Iron Ore and Dolomite Block 1 Nos 24 Jul, 2021 Bhubaneswar, Odisha, India
Government of Odisha Sell Nadidih Iron Ore Block (BICO) 1 Nos 24 Jul, 2021 Bhubaneswar, Odisha, India
Government of Odisha Sell Nadidih Iron Ore and ManganeseBlock FEEGRADE 1 Nos 24 Jul, 2021 Bhubaneswar, Odisha, India
Government of Odisha Sell Teherai Iron Ore and ManganeseBlock 1 Nos 24 Jul, 2021 Bhubaneswar, Odisha, India
Government of Odisha Sell Purheibahal Iron Ore Block 1 Nos 24 Jul, 2021 Bhubaneswar, Odisha, India
Government of Odisha Sell Chandiposhi Iron Ore Block 1 Nos 24 Jul, 2021 Bhubaneswar, Odisha, India
Government of Odisha Sell Jumka Pathiriposhi Pahar Iron OreBlock 1 Nos 24 Jul, 2021 Bhubaneswar, Odisha, India
Government of Odisha Sell Dholtapahar Iron Ore Block 1 Nos 24 Jul, 2021 Bhubaneswar, Odisha, India
Government of Odisha Sell Netrabandha Pahar West Iron OreBlock 1 Nos 24 Jul, 2021 Bhubaneswar, Odisha, India
Government of Odisha Sell Gandhalpada Iron Ore Block 1 Nos 24 Jul, 2021 Bhubaneswar, Odisha, India
Manganese Ore
MOIL Limited Sell Manganese Ore of Dioxide 1,000 MT 29 Jul, 2021 Nagpur, Maharashtra, India
MSTC Sell Mn 28-30 16,632 MT 20 Jul, 2021 Bangalore, Karnataka, India
Non Coking
SECL Sell Non Coking coal & Coke 1 MnT 20 Jul, 2021 Bilaspur, Chattisgarh, India
Pig Iron
SAIL Sell Steel grade 4,000 MT 22 Jul, 2021 Bhilai, Chattisgarh, India
Rail
SAIL Sell 52-60KG 7,200 MT 20 Jul, 2021 Bhilai, Chattisgarh, India
Wire Rod
RINL Sell 5.5 & 6.5 12,000 MT 21 Jul, 2021 Vishakhapatnam, Andhra Pradesh, India
View All
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DAILY STEEL REPORT Issue 3185, Tuesday, 20 Jul 2021
Weekly Pig Iron Production Index by Tathya.earth (As on 10 Jul 2021)
Mills considered for this index are Jamshedpur andKalinganagar
Mills considered for this index are POSCO's Pohang &Gwangyang and Hyundai Steel Dangjin Steel mill
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
