India: SAIL Increases Pig Iron Offer by INR 100/MT for Oct 2019
Steel Authority of India Ltd (SAIL) has raised pig iron (steel grade) offers by INR 100/MT from its Bhilai Steel Plant (BSP), officials confirmed SteelMint.
The latest offer floated for a quantity of 20,000 MT pig iron stands at INR 23,500/MT (USD 330) EXW-Bhilai, Central India. It also attracts a quantity discount of INR 100-300/MT.
In Sep'19, the producer offered around 15,000 MT pig iron at INR 23,400/MT (USD 329) EXW-Bhilai. Out of the material offered, close to 70% material was booked by Raipur based stockiest/traders which was later sold in local market.
Offers of other private producers are hovering at INR 22,600-22,800/MT ex-Jajpur(Odisha), INR 23,000/MT ex-Jharkhand, INR 23,300-23,600/MT ex-Durgapur, INR 23,700-23,900/MT ex-Raigarh & INR 25,800-26,000/MT FoR Ludhiana.
source: SteelMint
Top News
Six last month
Two last year
Copper price, stocks are being hammered as Trump tariff, China worries mount
China, Indonesia seal $10 billion in deals focused on green energy and tech
Codelco copper production rises in September, Escondida dips
Suitors circle American Eagle Gold as South32 takes 19.9% stake
Top gold ETF sees largest weekly outflow since 2022 on Trump win
US judge narrows investor lawsuit against Rio Tinto over Mongolian mine
Japan, Peru to agree on cooperation in mineral mining technology
Ahead of Rio Tinto buyout, Arcadium’s profit dips on sliding lithium prices
MinRes halts Bald Hill mine amid lithium price rout
Orano warns of financial problems at Niger uranium plant
Zimbabwe lithium miners want royalties to be linked to prices
Indonesia’s Jan-Oct nickel ore imports surge by 50 times from year ago
Hedge funds slash bullish wagers on gold over Trump election win
Families gather at South African mine shaft where hundreds are feared stuck underground
Soaring demand for copper will help drive mergers, BHP CEO says
Gold price faces worst week since 2021 as Fed signals no rate-cut rush
Lithium in nascent rebound, but long-term outlook is bleak
Higher silver supply to reduce global deficit by 4% in 2024
Swapping aluminum for copper will maintain China’s resources, group says
Orano warns of financial problems at Niger uranium plant
Zimbabwe lithium miners want royalties to be linked to prices
Indonesia’s Jan-Oct nickel ore imports surge by 50 times from year ago
Hedge funds slash bullish wagers on gold over Trump election win
Families gather at South African mine shaft where hundreds are feared stuck underground
Soaring demand for copper will help drive mergers, BHP CEO says
Gold price faces worst week since 2021 as Fed signals no rate-cut rush
Higher silver supply to reduce global deficit by 4% in 2024
Swapping aluminum for copper will maintain China’s resources, group says