Chinese demand for seaborne basic pig iron (BPI) increased sharply in the first quarter, continuing a trend from late 2019 of supporting the market when primary buyer US is on the sidelines.
News ID: 9649 Publish Date : 2020/05/31
Steel Authority of India Ltd (SAIL) conducted auction for around 1,800 MT steel grade pig iron today from its Rourkela steel plant (RSP). The auction witnessed active participation over reduction in base price by INR 700/MT (USD 10).
News ID: 8879 Publish Date : 2020/03/07
Indian private mills have reported poor response in floated steel grade pig iron offers and hence they are offering a discount on bulk orders. This has resulted to drop in price range by INR 100-300/MT in a week.
News ID: 8608 Publish Date : 2020/02/25
TATA Metaliks has raised basic (steel) grade pig iron prices by INR 1,300/MT (USD 19) & Foundry grade by INR 1,200/MT (USD 17) for Jan’20 deliveries. The company is known as largest foundry grade pig iron manufacturer in eastern India.
News ID: 8208 Publish Date : 2020/01/02
Steel Authority of India Ltd (SAIL) - a govt. owned steel producer conducted auction for around 6,100 MT steel grade pig iron today from its Rourkela Steel plant (eastern India). The auction received weak response as entire offered quantity remained unsold.
News ID: 7657 Publish Date : 2019/11/18
Indian pig iron export market has regained momentum on active buying from China. Two deals (55,000 MT combined) being concluded recently, SteelMint learnt from market participants.
News ID: 7609 Publish Date : 2019/11/16
TATA Metaliks has raised basic (steel) grade pig iron price by INR 500/MT (USD 7), this week amid better demand.
News ID: 7599 Publish Date : 2019/11/16
Canadian steelmaker Stelco plans to construct a new pig iron facility that will begin shipments by the third quarter of 2020.
News ID: 7482 Publish Date : 2019/11/15
Steel Authority of India Ltd (SAIL) - a govt. owned steel producer conducted auction for around 4,100 MT steel grade pig iron today from its Rourkela Steel plant (eastern India). The auction received good response with around 80% of the material offered got booked at base price.
News ID: 7420 Publish Date : 2019/11/11
Indian pig iron manufacturer - Vedanta has recently concluded pig iron export deal to China last week, as per market sources report to SteelMint. The company is heard to have concluded 35,000 MT basic grade pig iron export deal to China for Nov shipment at around USD 330/MT, CFR China.
News ID: 7344 Publish Date : 2019/11/04
Steel Authority of India Ltd (SAIL) has received decent response for its 13,000 MT steel grade pig iron offer floated on 25th Oct'19 for sale from Bhilai Steel Plant(BSP), SteelMint learnt from trade participants. Nearly 10,000 MT pig iron was learned to have booked at base price, shared company official.
News ID: 7307 Publish Date : 2019/10/31
Steel Authority of India Ltd (SAIL) has kept pig iron (steel grade) offers firm for remaining Oct'19, SteelMint learned from sources.
News ID: 7106 Publish Date : 2019/10/26
TATA Steel's pig iron auction of 3,000 MT from its Bhushan Steel Plant fetched bids higher by INR 350/MT, SteelMint learned from market sources.
News ID: 7007 Publish Date : 2019/10/18
Indian billet and pig iron exports turn active on renewed buying interest from Chinese traders.
News ID: 6991 Publish Date : 2019/10/16
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.
News ID: 6816 Publish Date : 2019/10/08
Pollution cuts slowed China's September crude steel output but were not enough to erase gains from a year ago.
News ID: 6736 Publish Date : 2019/10/18
Neelachal Ispat Nigam Ltd (NINL)- India’s largest and state owned steel grade pig iron manufacturer & exporter has floated fresh price circular for both steel & foundry grade. Prior to this, the last offers floated by company on 5th Jul'19, after that no fresh offers were quoted.
News ID: 6202 Publish Date : 2019/08/28
Amid competitive offers than prices neighboring markets, the company received good response in today's auction.
News ID: 6193 Publish Date : 2019/08/27
SAIL (Steel Authority of India Limited) conducted auction for around 2,400 MT steel grade pig iron today from its Rourkela Steel plant (eastern India). The auction received average response as close to 60% was sold out at the base price.
News ID: 6071 Publish Date : 2019/08/20
China's apparent consumption of crude steel over January-July rose 8.9% on year to 526.76 million mt and will be robust enough to absorb the surge in domestic steel production this year, according to S&P Global Platts estimates.
News ID: 6053 Publish Date : 2019/08/19