pellet

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West India (Rajasthan) based pellet maker - Jindal SAW decreased pellet (Fe 63%) offers by INR 150/MT for the week. Current offers are at INR 7,900/MT (delivered Kandla) as against 8,050/MT (delivered Kandla) assessed last week. The pellet maker has booked an export shipment for Nov shipment and thereafter is also likely to take maintenance shutdown for a month's time. Jindal SAW runs a 1.5 MnT pellet plant in Bhilwara (Rajasthan).
News ID: 7113    Publish Date : 2019/10/29

Indian Steel prices were down trend during the Week – 43 (19-26 Oct'19) over limited trade activities. As per producers, the market observed short pause amid ‘Diwali’ festive holidays.
News ID: 7109    Publish Date : 2019/10/26

JSW Steel, one of the prominent steel producer in India with an installed steel-making capacity of 18 MnT pa announced its Q2 FY20 results today.Below are the highlights of the conducted conference call-
News ID: 7055    Publish Date : 2019/10/23

Anglo American Kumba iron ore production for Q3 CY19 witnessed stable at 10.5 MnT as increased production at Sishen mines was offset by lower production due to plant upgrade at Kolomela mines.
News ID: 7050    Publish Date : 2019/10/22

Durgapur pellet assessment inch up: In Durgapur SteelMint’s reference, pellet price has picked marginally to INR 5,400-5,500/MT (ex-Durgapur, GST extra), against INR 5,300-5,400/MT a week ago.
News ID: 7045    Publish Date : 2019/10/22

World's second largest iron ore miner- Rio Tinto's Pilbara iron ore production witnessed at 87.3 MnT for Q3 CY19, up 10% as against 79.7 MnT in Q2 CY19. On yearly premises miner depicted 6% increase in production when compared to Q3 CY18 output at 82.5 MnT.
News ID: 6990    Publish Date : 2019/10/16

According to market sources report to SteelMint, Indian pellet export market turn active amid decent deals concluded by pellet makers recently.
News ID: 6938    Publish Date : 2019/10/14

Brazilian iron ore miner Vale said on Monday it has temporarily shut down its Itabiruçu tailing dam and lowered its full year iron ore and pellet sales guidance as a result.
News ID: 6930    Publish Date : 2019/10/21

US iron ore producer Cleveland-Cliffs cut its 2019 sales volume expectations for iron ore pellet by 2.5pc amid lower third quarter volumes, unfavorable export economics and timing issues.
News ID: 6898    Publish Date : 2019/10/23

Seaborne pellet prices rose this week, as steel mills stepped up use of direct-charge material on the back of sintering restrictions in Hebei and Shandong provinces.
News ID: 6826    Publish Date : 2019/10/22

As per bulk vessel line up data maintained with SteelMint, South African export shipments of iron ore in Sep’19 witnessed at 4.47 MnT, down 14% as against 5.21 MnT in Aug’19. Export shipments to India continued to remain nil for third consecutive month in Sep’19. The drop is attributed to availability of comparatively less expensive domestic pellet s. Major buyers from west India and south India have shifted to pellet s. Jindal SAW pellet prices are assessed at INR 8,050/MT, delivered Kandla.
News ID: 6817    Publish Date : 2019/10/08

According to data maintained with SteelMint, Indian pellet export volumes in Sep'19 were recorded at 1.11 MnT, down 22% on monthly basis as against 1.42 MnT a month ago.
News ID: 6792    Publish Date : 2019/10/05

In week-40 (28th Sep - 5th Oct’19) Indian steel prices in secondary market continued to fall owing to lack of domestic & export inquiries. Major mills announced roll over in finished steel prices for Oct'19.
News ID: 6790    Publish Date : 2019/10/05

EU iron ore imports fell to their lowest monthly level since mid-2009 in August as weak steel market conditions pressured operations. Some mills are considering further adjustments to the balance of their ore burdens in order to contain costs.
News ID: 6721    Publish Date : 2019/10/18

Southern India based pellet maker - KIOCL has concluded domestic pellet deal yesterday on 3rd Oct’19 via tender floated. The company had floated domestic tender offering 50,000 MT pellet s consisting of Fe 64% content with less than 2% Al. As per the sources, the deal was concluded at around INR 8,100/MT (on FoB basis to Mangalore port).
News ID: 6710    Publish Date : 2019/10/04

A Hebei steel mill in north China has signed an initial agreement to buy Indian pellet indexed to Argus assessments.
News ID: 6687    Publish Date : 2019/10/17

This week Chinese finished steel prices continued to remain volatile amid fluctuations in the futures market. With the aspiration of clear and pollution-free sky, stringent production curbs announced by Hebei, Shanxi and Shandong provincial govt ahead of China’s National Day processions on 1st Oct’19 sent spot steel prices soaring. However, prices could not sustain the momentum and started to decline towards the end of the week with the curbs engrossing major downstream steel-consuming sectors resulting in a decline in demand.
News ID: 6597    Publish Date : 2019/09/28

Brazilian iron ore miner Vale SA said on Thursday it will start supplying a new iron ore product ‘GF88’, hematite or ground fines used for pellet izing, in the first quarter of 2020.
News ID: 6503    Publish Date : 2019/10/05

Southern India based pellet maker – KIOCL participated Karnataka iron ore e-auction on 21st Sept 2019. Company has procured around 8,000 MT fines (Fe 59%) from Iyli Gurunath Iron Ore Mine Karnataka at INR 2,065/MT (basic prices, taxes extra).
News ID: 6483    Publish Date : 2019/09/23

South India (Karnataka) based - NMDC Donimalai pellet plant has increased offers by INR 200/MT to INR 6,200/MT (FoT basis).
News ID: 6475    Publish Date : 2019/09/20

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