The Iranian Ministry of Industry, Mine and Trade has not issued any permits for iron ore pellet exports since the beginning of August because of a shortage in the domestic market.
News ID: 5808 Publish Date : 2019/08/07
The Iranian ministry of industry, mine and trade has not issued any permits for iron ore pellet exports since last week because of a shortage in the domestic market.
News ID: 5799 Publish Date : 2019/08/06
Iron ore pellet prices were lower on the back of a broader fall in ferrous markets since yesterday.
News ID: 5797 Publish Date : 2019/08/06
According to market sources report to SteelMint, central India based sponge makers have sourced pellet s from Odisha recently.
News ID: 5727 Publish Date : 2019/08/05
Limited trades in Durgapur (eastern India) have resulted in decline in pellet offers. In Durgapur SteelMint’s reference, pellet price assessment stands at INR 6,000 (delivered) down sharply by INR 300-400/MT against INR 6,300-6,400/MT end of the last week assessment.
News ID: 5688 Publish Date : 2019/08/02
Indian steel market remained bearish in the week-30 (20-27th Jul'19) owing to lessened trade activities in domestic market.
News ID: 5646 Publish Date : 2019/08/01
Seaborne pellet prices rose today in line with the seaborne fines market, supported by expectations of looser restrictions on blast furnace operations in Tangshan in August.
News ID: 5611 Publish Date : 2019/07/30
Vale- world's largest iron ore producer witnessed drop in iron ore and pellet production for second quarter CY19 as a consequence of dam failure in Jan'19 resulting in subsequent halt at numerous mines and tailing dams.
News ID: 5482 Publish Date : 2019/07/25
West India (Rajasthan) based pellet maker - Jindal SAW lowered pellet (Fe 63%) offers for the week. Following decline in imported iron ore prices amid global iron ore prices, pellet maker has lowered offers. Current offers are at INR 8,300/MT (delivered Kandla) as against INR 8,500/MT towards closing of last week.
News ID: 5476 Publish Date : 2019/07/25
Seaborne iron ore pellet prices in China slipped this week, as a sharp decline in seaborne lump prices cut into demand for Indian pellet .
News ID: 5437 Publish Date : 2019/07/23
Floating discounts for iron ore concentrates have widened into China this month, including for higher-quality brands like 67-68pc Fe Minas Rio, as big moves in the underlying indexes and competition from domestic ores pressure discounts downward.
News ID: 5295 Publish Date : 2019/07/18
Durgapur (eastern India) based pellet makers have raised offers following hike in sponge prices. SteelMint’s reference pellet price assessment stands at INR 6,500/MT (delivered) up by INR 200-300/MT against INR 6,200-6,300/MT in last week.
News ID: 5250 Publish Date : 2019/07/17
SteelMint in conversation with market participants learned that Raipur (central India) based pellet manufacturers have increased their offers today by INR 200/MT. Current offers for Fe 63% grade to INR 7,000/MT (ex-Raipur, GST extra) as against last assessment at INR 6,800/MT.
News ID: 5242 Publish Date : 2019/07/17
This week (6th-13th Jul'19) Indian steel market observed limited demand in finished products, hence there is fall in price range by INR 200-1,000/MT (USD 3-15).
News ID: 5237 Publish Date : 2019/07/17
Indian iron ore pellet exports may be slower in the near term because of congestion at major shipping ports on the east coast.
News ID: 5234 Publish Date : 2019/07/16
Raipur based pellet makers book over 50,000 MT for exports for August delivery, SteelMint learned from market participants. Although prices were not discovered at the time of publishing but SteelMint's price assessment for standard grade pellet s stands at around USD 120-122/MT FOB India east coast. This is equivalent to INR 8,200-8,300/MT FoB basis.
News ID: 5145 Publish Date : 2019/07/13
SteelMint in conversation with market participants learned that central India based pellet makers have lowered offers by INR 200/MT. Current offers for Fe 63% is at INR 6,800/MT (ex-Raipur, GST extra). Not significant deals were reported at last offers of INR 7,000/MT. P-DRI prices declined to INR 15,900/MT today as compared to INR 16,500-16,700/MT (basic) a week ago.
News ID: 5118 Publish Date : 2019/07/11
ME-METALS: The representatives of Gol Gohar Mining and Industrial Company, Mines and Metals Development Investment Company, Ghadir Investment, Omid Investment Group, and Sepah Investment Group, formed the five members of the Board of Directors at Gohar Zamin Iron Ore Company.
News ID: 5069 Publish Date : 2019/07/08
Bellary (southern India) based pellet makers have lowered pellet offers by INR 100-200/MT this week. SteelMint’s assessment for pellet s stands at INR 6,300-6,500/MT against last week assessment at INR 6,700-6,900/MT.
News ID: 5012 Publish Date : 2019/07/04
Indian steel prices remained volatile during the week 26 (22nd to 29th Jun) as domestic trades were not up to the mark for Semis & Finished products amid rising inventories with the mid sized mills, as reported by industry participants.
News ID: 4980 Publish Date : 2019/07/02