This week, Durgapur (eastern India) based pellet makers have raised offers following hike in export offers. 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: 4961 Publish Date : 2019/07/01
South India (Karnataka) based - NMDC Donimalai Pellet Plant has kept base price unchanged for pellet s this month at INR 7,030/MT. Current offers are on FoT basis for Fe 64% pellet s for a quantity of 23,000 MT on advance payment basis. The price validity is till 30th Jun'19.
News ID: 4871 Publish Date : 2019/06/23
Indian pellet export prices have moved up by USD 3-4/MT this week. According to market sources report to SteelMint, east India based pellet maker Brahmani River Pellets Ltd (BRPL) has recently concluded export deal to China for 50,000 MT pellet .
News ID: 4866 Publish Date : 2019/06/23
Bhushan Steel - a major integrated steel maker with a capacity of 5.6 MnT has recorded iron ore & pellet sourcing at 0.50 MnT in May'19. The sourcing increased 55% as against 0.32 MnT in Apr'19.
News ID: 4859 Publish Date : 2019/06/20
According to General Administration of Customs, China - the world's largest iron ore consumer and importer, recorded 4% rise in iron ore imports to 83.75 MnT in May'19 against hitting 18 months low in Apr'19 at 80.77 MnT.
News ID: 4809 Publish Date : 2019/06/11
Central India pellet makers lower offer by INR 200/MT-: Pellet offers for this week declined by INR 200/MT to INR 7,000/MT against last week offers at INR 7,200/MT. Raipur pellet market remains standstill with no trades being reported.
News ID: 4762 Publish Date : 2019/06/07
This week Chinese steel prices witness pessimistic market sentiments over increased supply and weakening prices in domestic market. However spot iron ore prices reported decline by the end of this week.
News ID: 4746 Publish Date : 2019/06/04
Essar Steel - an integrated steelmaker with steel making capacity of 10 MnT p.a. recorded slight decrease in total iron ore & pellet sourcing for Apr'19. The sourcing stood at 1.18 MnT in Apr'19, marginally down as against 1.20 MnT in Mar'19.
News ID: 4710 Publish Date : 2019/06/01
According to the market participants reported to SteelMint, Durgapur pellet prices have increased further in recent trades concluded today. In Durgapur (Eastern India) prices hike by around INR 500-600/MT D-o-D. SteelMint’s reference pellet price assessment stands at INR 6,900/MT against INR 6,300-6,600/MT /MT yesterday.
News ID: 4634 Publish Date : 2019/05/25
Pellet offers for this week increased sharply in the recently concluded deals. SteelMint’s assessment stands at INR 6,900-7,000/MT (ex-Raipur, GST extra) against last week’s assessment of INR 6,600/MT. Current prices are hovering at 3-month high.
News ID: 4627 Publish Date : 2019/05/22
Spot iron ore fines Fe 62% index has picked up to USD 100.4/MT, CNF China as against USD 98/MT, CNF China yesterday. The increase is due to Vale forecast of dam rupture in next week. The prices have hit 5 years high as the prices were last seen in May'14.
News ID: 4577 Publish Date : 2019/05/19
Southern India based pellet maker - KIOCL has concluded pellet export deal recently via tender floated. The company had floated export tender offering 50,000 MT pellet consisting of Fe 64% content with less than 2% Al for which the bid due date was 14 May’19.
News ID: 4553 Publish Date : 2019/05/16
Eastern India based pellet maker - Brahmani River Pellets has recently concluded pellet export deal to Turkey, SteelMint learned from market sources.
News ID: 4539 Publish Date : 2019/05/16
This week Chinese steel market started with optimistic market sentiments along with higher steel prices post May day holidays. However towards the end of weekend prices started tumbling as the USA govt announced increase to 25% from 10% on $200 billion worth of Chinese imports.
News ID: 4536 Publish Date : 2019/05/16
According to General Administration of Customs, China - the world's largest iron ore consumer and importer, recorded fall of 7% in iron ore imports to 80.77 MnT in Apr'19 against 86.42 MnT in Mar'19
News ID: 4520 Publish Date : 2019/05/14
India pellet export market seems to be strengthening this week. SteelMint has learned from trade sources that Chinese mills have marginally raised its bids for Indian pellet s to USD 121-122/MT CFR, China against last assessment at USD 117-119/MT, CFR China for Fe 63% grade pellet (0.5+/-) with 3% Al content.
News ID: 4517 Publish Date : 2019/05/14
Vale- world's largest iron ore producer witnessed drop in iron ore and pellet production for first quarter CY19 due to dam failure in Jan'19 resulting in subsequent halt at numerous mines and tailing dams.
News ID: 4515 Publish Date : 2019/05/14
Durgapur pellet prices remain supported despite fall in sponge offers -: Eastern India pellet prices have remained supported on the back of hampered iron ore movement amid logistics constraints over cyclone Fani.
News ID: 4509 Publish Date : 2019/05/14
According to vessel line up data maintained with SteelMint, India imported 53,860 MT pellet s from Iran in the month of April'19 compared to nil imports in last month. Since the data maintained with SteelMint, it’s for the first time that India has imported pellet s from Iran.
News ID: 4502 Publish Date : 2019/05/14
According to data maintained with SteelMint, Indian pellet export volumes for Apr'19 have been recorded at 0.88 MnT, down 25% on monthly basis as against 1.17 MnT a month ago.
News ID: 4495 Publish Date : 2019/05/10