This week Indian HRC prices witnessed marginal increase in domestic market post recent hike by major Indian steel mills by INR 500-1000/MT in the beginning of this month.
News ID: 4327 Publish Date : 2019/04/11
Tata Steel Ltd has recently concluded the tender for imported scrap for its newly acquired plant - Bhushan Steel Limited, SteelMint learned from industry sources.
News ID: 4310 Publish Date : 2019/04/11
JSW Steel, India's largest private steel producer has released its operational performance results today for FY18-19. As per results company’s long steel and flat steel output witnessed growth in FY19. With this the company achieved 99.6% of production guidance of 16.75 MnT.
News ID: 4309 Publish Date : 2019/04/11
Eastern India based pellet maker - Brahmani River Pellets has recently concluded pellet export deal to China, SteelMint learned from company officials. Deal for 60,000 MT pellets with Fe 64% and 3% Al was learned to be concluded at around USD 117/MT, CFR China for April shipment.
News ID: 4304 Publish Date : 2019/04/11
SteelMint learned from market sources that Essar Steel having the steel making capacity of 10 MnT has witnessed the growth of 10% in its crude steel output in FY19.
News ID: 4302 Publish Date : 2019/04/11
Indian state copper miner Hindustan Copper is in the initial stages of an $800 million expansion program, Resources Monitor reported Tuesday.
News ID: 4297 Publish Date : 2019/04/10
Indian refiners are holding back from ordering Iranian oil for loading in May pending clarity on whether Washington will extend a waiver from US sanctions against the OPEC-member, four sources said.
News ID: 4290 Publish Date : 2019/04/10
India's largest iron ore miner - National Mineral Development Corporation (NMDC) has announced reduction in floor prices in upcoming Karnataka e-auctions scheduled in Apr’19. Iron ore base prices at NMDC Kumaraswamy have decreased by around INR 150/MT in both fines and lumps.
News ID: 4288 Publish Date : 2019/04/09
The private pig iron producers in eastern India - Durgapur, Odisha & Jharkhand have raised prices by around INR 500/MT (USD 7). As per officials, prices have moved up on account of supply crunch and significant rise in domestic billet prices.
News ID: 4286 Publish Date : 2019/04/09
SteelMint in conversation with market participants learned that Odisha's 2nd largest merchant miner - Serajuddin Mines has further widened discounts on iron ore lump prices further today on bulk bookings.
News ID: 4285 Publish Date : 2019/04/09
In the April round of e-Auction, conducted by Odisha Mining Corporation (OMC) on 04 Apr’19 received a moderate response in line with low demand in the market.
News ID: 4265 Publish Date : 2019/04/09
India's major mills that are producing steel through the blast furnace route have raised their finished long steel prices by around INR 500-1,000/MT (USD 7-14) across regions.
News ID: 4248 Publish Date : 2019/04/08
TATA Metaliks Limited (TML) - one of the major foundry grade pig iron manufacturer in India has reduced its prices for Apr'19 deliveries.
News ID: 4244 Publish Date : 2019/04/08
Neelachal Ispat Nigam Ltd (NINL) - India’s largest and state-owned steel grade pig iron manufacturer & exporter has rolled-over steel grade pig iron prices today.
News ID: 4239 Publish Date : 2019/04/08
The company kept base prices unchanged for today's auction and nearly 10-11% material was booked.
News ID: 4237 Publish Date : 2019/04/08
State-owned pellet maker - KIOCL (Kudremukh Iron Ore Company Ltd) recorded enhanced pellet production for FY'19. The production recorded at 2.24 MnT, above the set target of 2.17 MnT.
News ID: 4236 Publish Date : 2019/04/08
Manganese Ore India Ltd (MOIL), a Mini Ratna Schedule-A CPSE, under the administrative control of the Ministry of Steel, is the largest producer of manganese ore in the country
News ID: 4234 Publish Date : 2019/04/08
Neelachal Ispat Nigam Ltd (NINL) has witnessed 111 percent surge in its hot metal output for the last financial year ended March 31, 2019.
News ID: 4219 Publish Date : 2019/04/07
Induction furnaces based in Jindal's industrial park in Punjipatra, Raigarh (Central India) has reported fall in production since 1st April due to power cuts by Jindal power ltd (JPL) for 5-6 hrs/day.
News ID: 4217 Publish Date : 2019/04/07
NMDC Ltd, India's biggest iron ore producer, has cut iron ore lump and fines price from its CG mines by up to INR 150/MT (5%), SteelMint learned from market sources.
News ID: 4212 Publish Date : 2019/04/07
