Pig Iron

Tags - Pig Iron
Steel Authority of India Ltd (SAIL) has reduced basic grade (steel grade) pig iron offers by around INR 700/MT (USD 10) from its Bhilai Steel Plant (BSP) based in Central India, SteelMint learned from market sources.
News ID: 5982    Publish Date : 2019/08/16

Falling ingot/billet production of standalone mills has lowered supply in merchant market, however weak demand of finished steel products remained a concern. Therefore prices remained volatile since more than a week's time amid subdued trade activities.
News ID: 5770    Publish Date : 2019/08/06

Indian mill heard to have concluded a bulk parcel of 50,000 MT granulated pig iron (GPI) last week to China at around USD 340-350/MT FOB India east coast, SteelMint learnt from market sources.
News ID: 5731    Publish Date : 2019/08/05

TATA Metaliks Limited (TML) - known as the largest Foundry grade pig iron manufacturer in eastern India has again reduced Foundry pig iron offers by INR 600/MT (USD 9) & Low Silicon pig iron by INR 500/MT (USD 7) today.
News ID: 5684    Publish Date : 2019/08/02

Neelachal Ispat Nigam Ltd (NINL), a public sector steel entity and largest merchant supplier of steel grade pig iron is battling raw material crisis on financial issues.
News ID: 5553    Publish Date : 2019/07/29

SAIL (Steel Authority of India Limited) conducted auction for around 6,550 MT steel grade pig iron today from its Rourkela Steel plant (eastern India). The auction received weak response as only 17% material have been sold out amid unchanged base price.
News ID: 5299    Publish Date : 2019/07/18

ECS scrap preheating and zero bucket: the most sustainable way to produce steel
News ID: 5057    Publish Date : 2019/06/12

According to bulk vessel line up data compiled by SteelMint, Bangladesh has observed an increase in bulk imports of raw materials like coal and steel scrap, semi-finish products like HBI and Pig Iron while finished products like steel coil in FY19 (Jul’18-Jun’19) as compared to the earlier fiscal.
News ID: 5014    Publish Date : 2019/07/04

Rashtriya Ispat Nigam Limited (RINL) - a leading state-owned Pig iron producer and exporter had issued an export tender of 21,000 MT basic grade steel making Pig iron for any country other than Nepal.
News ID: 5006    Publish Date : 2019/07/03

TATA Metaliks Limited (TML) - known as the largest foundry grade pig iron manufacturer in eastern India has reduced foundry pig iron prices by INR 800/MT (USD 12) on 25th Jun'19.
News ID: 4968    Publish Date : 2019/07/01

Public sector steel maker & India's largest pig iron manufacturer & exporter - NINL has reported fall in Pig iron output in May'19.
News ID: 4837    Publish Date : 2019/06/18

SAIL's pig iron auction conducted today for 6,500 MT steel grade pig iron from its Rourkela Steel plant (eastern India) has received quite better response in line with last auction which was held on 15th May'19.
News ID: 4638    Publish Date : 2019/05/25

SAIL's pig iron auction conducted today for 12,000 MT steel grade pig iron from its Rourkela Steel plant (Eastern India) has received weak response with around 70% material remaining unsold.
News ID: 4549    Publish Date : 2019/05/16

Weakening demand of finished products has lowered furnaces margins (conversion spread) which in turn has weakened buying interest of pig iron in Indian domestic market.
News ID: 4521    Publish Date : 2019/05/14

South African iron ore exports increased 7% in Q1 CY19 to 17.79 MnT, as against 16.58 MnT in Q4 CY18. On yearly basis, exports picked up by 14% as against 15.56 MnT in Q1 CY18.
News ID: 4498    Publish Date : 2019/05/14

Steel Authority of India Ltd (SAIL) - India's govt. owned steel maker has received better response in today's auction for 7,850 MT steel grade pig iron from its Rourkela Steel plant (RSP) located in eastern India.
News ID: 4474    Publish Date : 2019/05/09

SteelMint in conversation with participants learned that, stockiest in central & northern India have placed regular orders with NINL after recent hike prices by INR 750/MT (USD 12).
News ID: 4454    Publish Date : 2019/05/07

MMTC- India’s largest and state-owned trading house, had floated export tender of 30,000 MT non-alloy Pig Iron on behalf of Neelachal Ispat Nigam Limited (NINL). The due date for submission of bids was on 15 Apr’19 and material shipment was scheduled between 10-20 May'19 from Paradip port.
News ID: 4448    Publish Date : 2019/05/07

Neelachal Ispat Nigam Limited(NINL) - India's largest pig iron manufacturer & exporter has increased its steel grade pig iron prices by INR 750/MT (USD 11) following hike in offers by private mills.
News ID: 4439    Publish Date : 2019/05/07

MMTC- India’s largest and state-owned trading house, had floated export tender of 30,000 MT non-alloy Pig Iron on behalf of Neelachal Ispat Nigam Limited (NINL). The due date for submission of bids was on 15 Apr’19 and material shipment was scheduled between 10-20 May'19 from Paradip port.
News ID: 4422    Publish Date : 2019/05/05

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