Issue : 3192 Thursday, 29 Jul 2021

DAILY STEEL REPORT

Issue 3192, Thursday, 29 Jul 2021

Bangladesh: Mills extend silence on lockdown, trade limited

Jul 28, 2021 19:17

Bangladesh’s steel and scrap markets remained quiet for yet that the Bangladesh government has further extended its
another week, owing to the extended lockdown restrictions. lockdown restrictions till 5 Aug’21, ordering shutdown of
Moreover, domestic steel market sentiments remained dull due manufacturing plants. Recent deals and offers A major scrap
to the rainy season. Notably, last week, SteelMint reported dealer has sold around 1,000 t of UK/US-origin shredded to
Continued

Snap Shot - Global Prices (USD/MT)

COMMODITY PARTICULAR SIZE,GRADE AS ON PRICE CHANGE 1M 3M
1
Iron Ore Fines China Imports Fines, Fe 61.5% 28 Jul | 10.52 IST $195 -3 - 14 + 10
1
Iron Ore Lumps Indian Imports Lumps, Fe 64% 28 Jul | 10.52 IST $240 0 -5 + 10
2
Pellets ( Brazil ) China Imports 6-20 mm, Fe 65% 28 Jul | 18.16 IST $309 -5 -7 + 50
2
Pellets ( India ) China Imports 6-20 mm, Fe 64% 28 Jul | 18.16 IST $223 - 21 - 31 -7
2
Coking Australia Exports Premium HCC 26 Jul | 16.38 IST $214.5 +2 + 23 + 106.75
2
Met Coke India Imports 64% CSR, China-origin 26 Jul | 16.40 IST $442 +1 + 11.5 + 23.5
2
Non Coking India Imports RB2 , South Africa origin 28 Jul | 12.58 IST $121.8 0 + 15.4 + 29.9
2 26,000
Graphite Electrode China Exports 600mm, UHP 02 Jul | 15.59 IST + 1,000 - 1,000 NA
RMB/t
Scrap 2 India Imports Shredded 27 Jul | 18.25 IST $523 - 22 - 13 + 45.67
2
Scrap Turkey Imports HMS 1&2 22 Jul | 17.25 IST $480 -5 - 19.6 + 48.17
2
Scrap Pakistan Imports Shredded 27 Jul | 18.09 IST $550 +5 + 11.2 + 68.83
2
Scrap Bangladesh Imports Shredded 28 Jul | 18.31 IST $555 -5 + 5.8 + 52.67
2
Scrap ( Ship Breaking ) India Imports Containers 26 Jul | 12.32 IST $570 + 10 + 20 + 70
2
Billet India Exports 150*150, 3SP/4SP 27 Jul | 18.00 IST $640 + 10 + 38 + 5.67
Billet 2 China Exports - - - -
2
Billet Russia Exports 130*130, 3SP 27 Jul | 18.00 IST $647 0 + 13.5 + 15.67
2
Billet Iran Exports 130*130, 3SP 27 Jul | 18.00 IST $653 0 + 43.5 + 29.67
2
Sponge Iron India Exports Lumps, FeM 80 22 Jul | 17.16 IST $470 + 20 - 7.5 + 30
2
Pig Iron India Exports Steel Grade 24 Jul | 15.27 IST $508 0 - 42 - 22
2
Pig Iron Russia Exports Steel Grade 24 Jul | 15.27 IST $585 -5 - 25 + 30
2
HRC China Exports 3-12mm, SS400 27 Jul | 18.04 IST $975 + 30 + 32 + 10
2
HRC India Exports 2.5 mm, SAE1006 27 Jul | 19.19 IST $888 -8 - 32 - 82
2
HRC South Korea Exports 1.6-2.5mm, SAE 1006 27 Jul | 18.04 IST $1,025 0 - 80 + 30
2
HRC ( China ) Vietnam Imports 2-3mm, SAE 1006 27 Jul | 18.22 IST $945 0 - 6.67 - 53
2
CRC India Exports 0.9 mm, IS 513 Gr.O 28 Jul | 17.20 IST $1,255 - 70 - 35 - 70
2
CRC China Exports 0.90mm, SPCC 28 Jul | 17.20 IST $980 + 25 + 45 + 75
2
HR Plate China Exports 5-10mm, SS 400 28 Jul | 17.09 IST $925 +5 + 40 + 60
DX51D+z80, Width 1,000-
GP 2 China Exports 1,500 mm, thickness 0.5- 22 Jul | 16.49 IST $985 + 40 - 15 + 40
2mm
Silico Manganese 2 India Exports 65-16 28 Jul | 19.08 IST $1,420 +5 - 106.67 + 120
2
Ferro Chrome China Import 10-150mm, HC 60% 28 Jul | 19.07 IST ¢130 /lb + 15 + 30 + 43
2
Manganese Ore India Imports Lumps, Mn 37% 24 Jul | 12.10 IST $4.75 /dmtu - 0.05 - 0.1 + 0.3
2
Ferro Manganese India Exports HC 75% 23 Jul | 19.14 IST $1,435 - 10 - 30 + 225
2
Ferro Silicon Bhutan Exports 70% 22 Jul | 18.23 IST $1,850 - 20 + 70 + 410
1-Daily Assessment, 2-Weekly Assessment, 3-Monthly Assessment, W-O-W:Week On Week, 1M: Change over last month, 3M: Change over last 3 months

Copyright@ 2009-2021 www.steelmint.com [email protected] +91 9770056666

 DAILY STEEL REPORT
Issue 3192, Thursday, 29 Jul 2021

Bangladesh: Mills extend silence on lockdown, trade limited

Bangladesh's steel and scrap markets remained quiet for yet another week, owing to the
extended lockdown restrictions. Moreover, domestic steel market sentiments remained
dull due to t...
ON: 2021-07-28 Category: Scrap & Metallics Read More

Taiwan Feng Hsin's scrap price down $10/t, rebar unchanged

Feng Hsin Steel, Taiwan’s largest rebar producer headquartered in Taichung, Central
Taiwan, has decided to trim its buying price for locally-sourced scrap by TWD 300/tonne
($10.7...
ON: 2021-07-28 Category: Scrap & Metallics Read More

China's industrial firms' gross profits up 67% in H1 CY'21

For the first half of 2021, China's sizable industrial firms saw their gross profits surge by
66.9% on year or 45.5% higher than the corresponding period of 2019, according to the
late...
ON: 2021-07-28 Category: Finish Flat Read More

Rumours on China's expected steel export tax grow louder

The much-awaited steel export tax from China may soon become a reality. There is no
official announcement yet but the rumours, which have been floating in trade circles for
the last tw...
ON: 2021-07-28 Category: Finish Flat Read More

more news

Copyright@ 2009-2021 www.steelmint.com [email protected] +91 9770056666

 DAILY STEEL REPORT
Issue 3192, Thursday, 29 Jul 2021

India: Pellet export index drops to 3-month low on bearish sentiments

in China
Jul 28, 2021 19:34

Limited bids from end-users, falling global iron ore prices and a drop of around $21/t w-o-w and currently stands at $196/t. The
steel output cuts in China continue to exert downward pressure index has fallen to a nearly three-month low, as per SteelMint
on Indian pellet export prices. SteelMint’s pellet export index (Fe data. Market sources shared that demand being persistently
64%, 3% Al, FoB east coast) has recorded weak, sentiments have turned bearish from e
Continued

Snap Shot - Indian Domestic Prices (INR/MT)

COMMODITY PARTICULAR SIZE,GRADE AS ON PRICE CHANGE 1M 3M

5-18 mm, Fe 63%, DR

Fines/lumps 2 Iron Ore Index 24 Jul | 16.45 IST 14,250 - 100 - 100 + 3,375
Grade
Fines/lumps 2 Iron Ore Index 0-10 mm, Fe 63% 24 Jul | 16.45 IST 10,000 0 - 75 + 1,800
3
Iron Ore NMDC 6-40 mm, Fe 65.5% 10 Jul | 12.09 IST 7,450 - 200 - 200 + 1,050
3
Iron Ore NMDC 0 -10 mm, Fe 64% 10 Jul | 12.09 IST 6,360 - 200 - 200 + 1,550
2
Pellets Raipur 6-20 mm, Fe 63% 27 Jul | 18.26 IST 14,600 0 - 1,400 - 650
2
Pellets Bellary 6-20 mm, Fe 63% 27 Jul | 18.26 IST 13,300 + 300 + 825 + 725
2 25-90 mm, Met Coke, Blast
Coal Ex-India (East) 28 Jul | 17.14 IST 27,500 0 0 + 500
Furnace
Graphite Electrode 3 Ex-India 600mm, UHP 02 Jul | 14.43 IST 345,000 + 27,500 + 27,500 + 25,000
2
Mill Scale FoR-Kandla Fines, Fe 70/68% 24 Jul | 16.48 IST 9,400 0 + 1,900 + 3,600
1
Scrap Ex-Mumbai HMS 28 Jul | 17.14 IST 35,200 + 400 + 1,900 + 100
1
Scrap Ex-Alang HMS 26 Jul | 17.24 IST 36,900 + 300 + 1,600 - 400
1
Pig Iron Ex-Ludhiana, Foundary Foundry Grade 28 Jul | 13.50 IST 43,900 - 100 + 400 + 200
1
Sponge Iron Ex-Raipur Mix , FeM 80%, +/-1 28 Jul | 17.08 IST 32,100 + 100 + 1,300 + 1,800
1
Sponge Pellet Ex-Raipur Lumps, FeM 80%, +/-1 28 Jul | 17.06 IST 30,100 + 300 + 700 + 900
1
Billet Ex-Mumbai 100x100mm, IS 2831 28 Jul | 18.24 IST 44,700 + 200 + 3,600 - 600
1
Billet Ex-Raipur 100x100mm, IS 2831 28 Jul | 18.24 IST 42,800 + 400 + 2,000 + 700
TMT (Re-Bar) Secondary 12-25mm, Induction Grade,
Ex-Mumbai 28 Jul | 17.08 IST 48,500 + 200 + 3,300 - 1,300
mills 1 IS 1786- 500 Fe
TMT (Re-Bar) Secondary 12-25mm, Induction Grade,
Ex-Delhi/NCR 28 Jul | 17.08 IST 47,000 + 300 + 500 - 2,600
mills 1 IS 1786- 500 Fe
1 40*40 Angle, Commercial
Structure Ex-Mumbai 28 Jul | 18.25 IST 50,000 + 400 + 2,100 - 1,000
Grade
1 5.5 mm, Wire Rod,
Wire Rod Ex-Raipur 28 Jul | 15.35 IST 45,900 + 100 + 1,000 - 300
Induction grade
HRC 2 Ex-Delhi 2.5-8mm, IS2062 28 Jul | 18.20 IST 63,600 + 850 + 850 + 2,100
2
HRC Ex-Mumbai 2.5-8mm, IS2062 28 Jul | 18.20 IST 65,500 + 1,400 - 1,000 - 1,250
2
CRC Ex-Delhi 0.90mm, IS 513 Gr O 28 Jul | 19.21 IST 75,000 0 - 2,500 + 2,500
2
CRC Ex-Mumbai 0.90mm, IS 513 Gr O 28 Jul | 19.21 IST 77,700 - 1,800 - 4,700 - 3,300
2
HR Plate Ex-Mumbai 5-10mm, Gr E-250 22 Jul | 18.23 IST 64,500 0 - 1,700 + 250
2
GP Ex-Mumbai 0.8mm, 120 GSM 23 Jul | 19.41 IST 83,500 - 1,000 - 2,000 + 2,000
2
Silico Manganese Ex-Raipur 25-150 mm, 60-14 28 Jul | 19.03 IST 94,000 + 650 - 4,633 + 7,500
2
Ferro Manganese Ex-Raipur HC 70% 23 Jul | 19.08 IST 99,000 + 500 - 5,000 + 13,000
2
Ferro Chrome Ex-Jajpur HC 60% 28 Jul | 19.07 IST 122,000 0 + 18,000 + 39,750
Manganese Ore 2 Ex Balaghat, MOIL Lumps, Mn 37%, Fe 7.5% 01 Jul | 13.06 IST 15,334 + 1,070 + 1,070 NA
Ex-Odisha OMC, E-
Chrome Ore 2 Lumps, Friable 48-50% 01 Jul | 13.09 IST 17,326 + 2,669 NA NA
auction
*Basic Price GST @ 18% extra
1-Daily Assessment, 2-Weekly Assessment, 3-Monthly Assessment, W-O-W: Week On Week, 1M: Change over last month, 3M: Change over last 3 months

Copyright@ 2009-2021 www.steelmint.com [email protected] +91 9770056666

 DAILY STEEL REPORT
Issue 3192, Thursday, 29 Jul 2021

India: Pellet export index drops to 3-month low on bearish sentiments in

China

Limited bids from end-users, falling global iron ore prices and steel output cuts in China
continue to exert downward pressure on Indian pellet export prices. SteelMint’s pellet ...
ON: 2021-07-28 Category: Iron Ore Read More

India: Met coke import prices firm on persistent supply tightness

India’s metallurgical (met) coke import prices have continued to remain mostly stable
over the past week amidst acute tightness in global supply that has resulted from
persistent...
ON: 2021-07-28 Category: Coal Read More

India: JSW seeks retrospective changes to "royalty on royalty" issue

JSW has asked for any fix to the royalty on royalty issue to be applied retrospectively,
threatening to surrender existing mining leases if this was applied only prospectively. The
ind...
ON: 2021-07-28 Category: Iron Ore Read More

Indian DRI, billet and rebar update - 28 Jul

Spot trading activity in the Indian secondary steel market remained active on 28 Jul’21 as
prices increased by up to INR 500/t ($7) d-o-d. As per SteelMint assessment, Indian sem...
ON: 2021-07-28 Category: Semi Finished Read More

India: Godawari Power captive iron ore output at record high in Q1FY'22

Central India’s leading steelmaker, Godawari Power and Ispat Limited (GPIL), recorded
the highest-ever production of iron ore and steel billets in Q1FY’22. Total iron ore ...
ON: 2021-07-28 Category: Iron Ore Read More

more news

Copyright@ 2009-2021 www.steelmint.com [email protected] +91 9770056666

 DAILY STEEL REPORT
Issue 3192, Thursday, 29 Jul 2021

Iron Ore
PARTICULAR/DELIVERY SIZE/GRADE DELIVERY PRICE MIN MAX W-O-W 1M 3M

Indian prices (in INR/MT) As on Week 31 ( 26 Jul - 01 Aug )

NMDC 0 -10 mm, Fe 64% F.O.R Siding 6,360 6,360 6,360 - 200 - 200 + 1,550
NMDC 6-40 mm, Fe 65.5% F.O.R Siding 7,450 7,450 7,450 - 200 - 200 + 1,050
Lumps, Karnataka e-auction 10-20mm, Fe 63% Ex-Mines 6,950 NA NA + 180 + 180 + 1,840
Fines, Karnataka e-auction 0 -5 mm, Fe 60% Ex-Mines 4,370 NA NA + 100 + 100 + 1,130
Odisha Iron Ore Index 0-10 mm, Fe 63% Ex-mines 10,000 NA NA 0 - 75 + 1,800
Odisha Iron Ore Index 10-30mm, Fe 63%, BF Grade Ex-mines 14,000 13,800 14,200 0 0 + 3,500
Odisha Iron Ore Index 5-18 mm, Fe 63%, DR Grade Ex-mines 14,250 14,000 14,500 - 100 - 100 + 3,375
Fines/Lump 0-10mm, Fe 62% Ex-mines 9,200 NA NA - 200 - 75 + 1,400
Prices last updated on: 2021-07-24,Odisha index prices are ex-mines & inclusive of Royalty, DMF & NMET; NMDC Royalty, DMF & other taxes extra, Karnataka Prices in INR/MT, Royalty@15%

Global prices (in USD/MT) As on 29 Jul 2021

CNF China
Fines, Fe 61.5% (Australia Origin), Australia - $195 NA NA -3 - 14 + 10

CNF India Lumps, Fe 64% (South Africa origin), South Africa - $240 NA NA 0 -5 + 10
Prices last updated on: 2019-03-11 11:14:00,Prices on DMT basis (Daily Assessment) , India- Single Port Loading , FOB prices including demurrage , June to November: Moisture@ 10% ,
December to May: Moisture@ 8% , Or, actual moisture as per cargo certificate submitted by shipper to be adjusted

Pellets
Indian prices (in INR/MT) As on Week 31 ( 26 Jul - 01 Aug )

Ex-Barbil 6-20 mm, Fe 63% FOR Siding 15,050 15,000 15,100 0 - 125 + 875
Ex-Durgapur 6-20 mm, Fe 63% Ex-Works 14,500 14,500 14,500 0 - 425 + 1,000
Ex-Raipur 6-20 mm, Fe 63% Ex-Works 14,600 14,600 14,600 0 - 1,400 - 650
Ex-Bellary 6-20 mm, Fe 63% Ex-Works 13,300 13,300 13,300 + 300 + 825 + 725
Prices last updated on: 2021-07-27,Weekly Assessment, GST @ 5% extra., Barbil and Kandla - Prices Loaded to Wagons

Global prices (in USD/MT) As on Week 31 ( 26 Jul - 01 Aug )

6-20 mm, Fe 64% (India Origin), India - $223 NA NA - 21 - 31 -7

CNF China
6-20 mm, Fe 65% (Brazil Origin), Brazil - $309 NA NA -5 -7 + 50
FOB India 6-20 mm, Fe 64% - $196 NA NA - 21 - 33 - 14
Prices last updated on: 2021-07-28,

Coal
Global prices (in USD/MT) As on Week 31 ( 26 Jul - 01 Aug )
Prices last updated on: ,

Scrap
Indian prices (in INR/MT) As on 29 Jul 2021

Ex-Alang HMS(80:20) Ex-Yard 36,900 36,800 37,000 + 300 + 2,900 - 1,400

Ex-Mumbai HMS(80:20) DAP 35,200 35,000 35,400 + 400 + 1,900 + 100
Ex-Chennai HMS(80:20) DAP 32,500 32,400 32,700 0 - 1,500 - 1,800
Ex-Alang HMS(80:20), Ship Breaking Ex-Yard 36,900 36,800 37,000 + 300 + 1,600 - 400
Prices last updated on: 2021-07-26 11:04:57,Daily Assessment , Basic Price GST @ 18% extra,

Global prices (in USD/MT) As on Week 31 ( 26 Jul - 01 Aug )

HMS 1&2(80:20) (Containers, Europe Origin), Europe - $497 $492 $502 0 +5 + 39.33
CNF India
Shredded (Containers, Europe Origin), Europe - $523 $520 $525 - 22 - 13 + 45.67
CNF Turkey HMS 1&2(80:20) (Bulk, US Origin), USA - $480 $475 $485 -5 - 18.2 + 17.17
Prices last updated on: 2021-07-28,Weekly Assessment

Note:- W-O-W: Week On Week, 1M: Change over last month, 3M: Change over last 3 months

Copyright@ 2009-2021 www.steelmint.com [email protected] +91 9770056666

 DAILY STEEL REPORT
Issue 3192, Thursday, 29 Jul 2021

Sponge
SPONGE IRON (C-DRI) PELLET SPONGE (P-DRI)
REGION PARTICULAR
PRICE CHANGE W-O-W 1M PRICE CHANGE W-O-W 1M

Indian prices (in INR/MT) As on 28 Jul 2021

North India Mandi Gobindgarh 35,000 + 300 + 800 + 1,200 - - - -

East India Durgapur 32,300 + 200 + 100 + 2,200 30,300 + 200 + 100 + 2,300
East India Rourkela 31,650 + 300 + 1,100 + 1,650 - - - -
Central India Raigarh 31,400 + 400 + 1,200 + 1,300 29,500 + 200 + 500 + 400
Central India Raipur 32,100 + 100 + 700 + 1,300 30,100 + 300 + 400 + 700
South India Bellary 29,900 0 - 100 + 2,050 29,000 - 100 - 200 + 1,800
South India Hyderabad - - - - 29,800 0 - 200 + 1,800
All prices are basic, GST extra.

Scrap
PARTICULAR/DELIVERY SIZE/GRADE DELIVERY PRICE MIN MAX W-O-W 1M 3M

Indian prices (in INR/MT) As on 29 Jul 2021

Ex-Mandi Old Scrap DAP 34,100 34,000 34,400 + 300 + 2,500 - 1,000
Ex-Durgapur HMS(80:20) DAP 36,000 35,800 36,200 0 - 400 + 800
HMS(80:20) DAP 36,200 36,000 36,400 0 + 500 + 200
Ex-Raipur
End Cutting DAP 38,000 37,800 38,200 0 + 800 + 500
Ex-Ahmedabad HMS(80:20) DAP 36,100 35,900 36,300 + 100 + 2,600 - 1,200
Ex-Mumbai HMS(80:20) DAP 35,200 35,000 35,400 + 400 + 1,900 + 100
Ex-Chennai HMS(80:20) DAP 32,500 32,400 32,700 0 - 1,500 - 1,800
Ex-Hyderabad HMS(80:20) DAP 32,700 32,500 32,900 0 - 600 - 700
Prices last updated on: 2021-07-28 17:14:36,Daily Assessment , Basic Price GST @ 18% extra,

Pig Iron
Indian prices (in INR/MT) As on 29 Jul 2021

DAP-Ludhiana Steel Grade DAP 40,900 40,800 41,000 - 100 + 1,000 + 1,000
Ex-Durgapur Steel Grade Ex-Works 38,300 38,000 38,500 0 + 1,000 0
Ex-Rourkela Steel Grade Ex-Works 37,500 37,400 37,600 + 300 + 300 0
DAP-Raigarh Steel Grade DAP 38,500 38,400 38,600 0 + 1,000 - 400
DAP-Raipur Steel Grade DAP 38,900 38,800 39,000 + 200 + 700 - 500
DAP-Hyderabad Steel Grade DAP 40,000 39,900 40,100 0 + 400 0
DAP-Delhi Foundry Grade DAP 44,500 44,400 44,600 0 + 800 + 700
DAP-Ludhiana Foundry Grade DAP 43,900 43,800 44,000 - 100 + 400 + 200
Ex-Kharagpur Foundry Grade Ex-Works 41,800 41,600 41,800 0 - 600 - 200
DAP-Ahmedabad Foundry Grade DAP 45,500 45,300 45,700 0 + 500 - 800
Prices last updated on: 2021-07-28 13:50:55,Indian pig iron price assessment frequency has been increased from weekly to daily basis.

Sponge Iron (C-DRI) -78-80 FeM (Recovery 85%) Scrap - HMS, Mixed (Recovery 94%) Pig Iron - Steel Grade, 0.5 -1.4% Silicon

Copyright@ 2009-2021 www.steelmint.com [email protected] +91 9770056666

 DAILY STEEL REPORT
Issue 3192, Thursday, 29 Jul 2021

Ingot/Billet
INGOT BILLET REBAR
REGION PARTICULAR
PRICE CHANGE 1M PRICE CHANGE 1M PRICE CHANGE 1M

Indian prices (in INR/MT) As on 28 Jul 2021

Ghaziabad 44,400 + 200 + 1,800 - - - - - -

North India Mandi Gobindgarh 45,800 + 500 + 3,500 45,900 + 500 + 3,500 49,900 + 100 + 2,300
Muzaffarnagar 43,650 + 150 + 1,050 - - - 45,800 0 + 100
Durgapur 42,200 + 200 + 2,200 42,650 + 250 + 2,150 44,500 0 + 750
East India
Rourkela 41,350 + 100 + 1,250 41,800 + 100 + 1,400 44,750 + 250 + 450
Raigarh 41,550 + 450 + 1,400 42,250 + 350 + 1,800 44,500 + 100 + 1,000
Central India
Raipur 42,000 + 400 + 1,750 42,800 + 400 + 2,000 44,500 0 + 900
Ahmedabad 44,700 + 700 + 2,900 45,700 + 400 + 3,600 49,000 + 100 + 2,200
Goa 42,200 - 500 + 1,500 42,500 - 500 + 1,500 47,100 + 400 + 1,300
West India
Jaipur 44,000 + 300 + 1,800 - - - - - -
Mumbai 44,200 + 100 + 3,500 44,700 + 200 + 3,600 48,500 + 200 + 3,300
Hyderabad 42,600 0 + 2,300 43,000 0 + 2,300 46,500 + 200 + 1,000
South India
Chennai - - - 42,500 0 - 800 47,000 + 200 - 1,300
West India Jalna - - - - - - 47,600 + 200 + 1,500
South India Bangalore - - - - - - 46,300 + 100 - 700
All prices are basic, GST @ 18% extra.

Rebar (Medium & Small Scale Producers)

PRICE @
PARTICULAR/DELIVERY SIZE/GRADE DELIVERY PRICE MIN MAX W-O-W 1M 3M
18%GST

Indian prices (in INR/MT) As on 29 Jul 2021

Ex-Mandi Gobindgarh 12-25mm Ex-Works 49,900 49,800 50,100 58,900 + 100 + 2,300 - 1,700
Ex-Muzaffarnagar 12-25mm Ex-Works 45,800 45,600 46,000 54,000 0 + 100 - 3,200
Ex-Durgapur 12-25mm Ex-Works 44,500 44,300 44,700 52,500 0 + 750 - 4,000
Ex-Rourkela 12-25mm Ex-Works 44,750 44,700 44,800 52,800 + 250 + 450 - 1,550
Ex-Raigarh 12-25mm Ex-Works 44,500 44,400 44,600 52,500 + 100 + 1,000 - 1,500
Ex-Raipur 12-25mm Ex-Works 44,500 44,400 44,700 52,500 0 + 900 - 1,800
Ex-Ahmedabad 12-25mm Ex-Works 49,000 48,800 49,200 57,800 + 100 + 2,200 - 1,100
Ex-Goa 12-25mm Ex-Works 47,100 47,000 47,400 55,600 + 400 + 1,300 - 5,100
Ex-Jalna 12-25mm Ex-Works 47,600 47,400 47,800 56,200 + 200 + 1,500 - 2,300
Ex-Mumbai 12-25mm Ex-Works 48,500 48,300 48,700 57,200 + 200 + 3,300 - 1,300
Ex-Bangalore 12-25mm Ex-Works 46,300 46,100 46,500 54,600 + 100 - 700 - 3,500
Ex-Chennai 12-25mm Ex-Works 47,000 46,800 47,200 55,500 + 200 - 1,300 - 4,700
Ex-Hyderabad 12-25mm Ex-Works 46,500 46,400 46,600 54,900 + 200 + 1,000 - 2,500
Prices last updated on: 2021-07-28 17:08:35,Daily Assessment, Induction Grade, Grade-500 Fe, Basic Price GST @ 18% extra ,

Structure (Medium & Small Scale Producers)

75
REGION/ZONE PARTICULAR 40 ANGLE CHANGE 1M CHANGE 1M 200 BEAM CHANGE 1M
CHANNEL

Indian prices (in INR/MT) As on 29 Jul 2021

North India Ghaziabad - - - - - - 49,500 0 + 700

East India Durgapur 46,100 0 + 1,300 46,100 0 + 1,300 46,000 0 + 1,400
Central India Raipur - - - 44,900 - 200 + 1,000 46,200 0 + 900
West India Ahmedabad 47,700 0 + 1,400 47,700 0 + 1,400 48,700 0 + 1,400
West India Mumbai 50,000 + 400 + 2,100 50,800 + 400 + 2,100 51,200 + 400 + 2,100
South India Hyderabad 47,500 0 + 1,700 47,100 0 + 1,700 - - -
Indian Structure price assessment frequency has been increased from weekly to daily basis, All prices are basic,Commercial Grade, Basic Price GST @ 18% extra

Re-bar - 12mm, Fe 500 Grade

Ingot - 3.5"*4.5", Commercial Grade Billet - 100*100, 125*125, S+P> 0.1 %,
Structure - Commercial Grade, 40x40 Angle

Note:- W-O-W: Week On Week, 1M: Change over last month, 3M: Change over last 3 months

Copyright@ 2009-2021 www.steelmint.com [email protected] +91 9770056666

 DAILY STEEL REPORT
Issue 3192, Thursday, 29 Jul 2021

Wire Rod
PARTICULAR SIZE/GRADE RAIPUR CHANGE W-O-W DURGAPUR CHANGE W-O-W

Indian prices (in INR/MT) As on date 28-Jul-2021

Wire Rod, Induction grade 5.5 mm 45,900 + 100 - 100 45,800 0 0

HB Wire, Induction grade 12 Gauge - - - 47,800 0 0

Induction grade, 12 Gauge HB Wire 48,200 + 100 - 100 - - -

GI Wire, Induction grade 12 Gauge 52,200 - 300 - 300 53,800 0 0

Binding Wire, Induction grade 20 Gauge 53,700 - 100 - 100 54,300 0 0

Barbed Wire, Induction grade 12*12 Gauge 54,200 - 300 - 300 56,500 0 0
Weekly Assessment,Commercial Grade, Basic Price GST @ 18% extra

Finished Flat
HRC CRC
REGION PARTICULAR
PRICE CHANGE W-O-W 1M PRICE CHANGE W-O-W 1M

Indian prices (in INR/MT) As on 28 Jul 2021

North India Delhi 63,600 + 850 + 850 + 850 75,000 0 0 - 2,500

North India Ludhiana 62,500 + 500 + 500 + 500 73,600 - 300 - 300 - 2,100
East India Kolkata 61,000 - 1,000 - 1,000 - 2,700 74,500 0 0 - 500
West India Ahmedabad 66,200 + 400 + 400 - 800 79,500 0 0 - 2,500
West India Mumbai 65,500 + 1,400 + 1,400 - 1,000 77,700 - 1,800 - 1,800 - 4,700
South India Chennai 65,900 + 1,800 + 1,800 - 1,400 82,100 - 700 - 700 - 2,500
South India Hyderabad 65,900 + 800 + 800 0 80,000 - 300 - 300 - 3,750
All prices are basic, GST @ 18% extra.

Ferro Alloys
PARTICULAR/DELIVERY SIZE/GRADE DELIVERY PRICE MIN MAX W-O-W 1M 3M

Ex-Durgapur 94,000 NA NA - 300 - 4,425 + 6,700

Silico Manganese 25-150 mm, 60-14
Ex-Raipur 94,000 NA NA + 650 - 4,633 + 7,500
Ferro Silicon HC 70% Ex-Guwahati 135,500 NA NA - 9,500 - 4,500 + 15,250
Ferro Manganese HC 70% Ex-Durgapur 98,500 NA NA 0 - 5,000 + 11,250
Ferro Chrome HC 60% Ex-Jajpur 122,000 NA NA 0 + 18,000 + 39,750
Ex-Jajpur (OMC-
Chrome Ore Friable 54%+ 19,364 NA NA + 3,091 NA NA
eAuction)
Prices last updated on: 2021-07-01,OMC E-Auction Prices Including Royalty

Ferro Chrome 10-150mm, HC 60% (cents/lb), India CNF China ¢130 /lb NA NA + 15 + 30 + 43
Ferro Manganese HC 75% FOB India $1,435 NA NA - 10 - 30 + 225
Silico Manganese 65-16 FOB India $1,420 NA NA +5 - 106.67 + 120
Prices last updated on: 2021-07-28,Weekly Assessment

Note:- W-O-W: Week On Week, 1M: Change over last month, 3M: Change over last 3 months

Copyright@ 2009-2021 www.steelmint.com [email protected] +91 9770056666

 DAILY STEEL REPORT
Issue 3192, Thursday, 29 Jul 2021

SteelMint: Raipur billet index edges up INR 400/t on improved demand – 28

Jul
28 Jul 2021

Rationale:

SteelMint’s daily billet index is assessed at INR 42,800/tonne (t) (+INR 400) exw-Raipur on 28 Jul’21.

About 6,000 t of transactions in steel billet were recorded by SteelMint today, as against 4,000 t on 27 Jul.

The index rebound following improved demand and prevailing optimistic sentiments with the assumption by market participants that
the primary steel mills are likely to keep prices strong for Aug deliveries.

● This index has been derived based on transactions, offers, bids and indicative price data sets. Transactions are considered as T1 and
given a weightage of 50% whereas other data sets are considered as T2 and given a weightage of the balance 50%.

● Transactions (T1) – Twelve trades were recorded in the 2:30 pm to 5:30 pm SteelMint trading window and considered for final price
calculation as T1 inputs. Out of which four trades were recorded at INR 42,800/t, three deals at INR 42,700/t, two deals each at INR
42,600/t and INR 42,500/t, and one deal at 43,000/t. The average price of these twelve transactions was INR 42,753/t and given a 50%
weightage in the final price calculation.

● Other Price Indicators – bids/offers/indicative (T2) – Eight offers reported in the trading window and considered as T2 inputs. The
average price of these eight was INR 42,800/t and given a 50% weightage in the final price calculation.

The final price for billet exw Raipur was at INR 42,776/t, rounded to INR 42,800/t exw.

From SteelMint Team - While it would be our earnest endeavour, at SteelMint, to bring about transparent and unbiased price index
reporting, we would request all our readers and subscribers for their feedback and if they could participate in the reporting of more
transactions.

For detailed methodology - click here

Copyright@ 2009-2021 www.steelmint.com [email protected] +91 9770056666

 DAILY STEEL REPORT
Issue 3192, Thursday, 29 Jul 2021

Global Prices
COMMODITY PARTICULAR GRADE/SIZE PRICE CHANGE W-O-W 1M 3M

China
Export
Billet FOB China 125*125, BF Grade NA NA NA NA NA

TMT (Re-Bar) FOB China Commerical NA NA NA NA NA

Wire Rod FOB China 5.5mm NA NA NA NA NA

HRC FOB China 2.5mm $975 + 30 + 30 + 32 + 10

CRC FOB China 0.90 mm $980 + 25 + 25 + 45 + 75

Import
Iron Ore CNF China Lumps Fe 64/63%, South Africa $252 -1 -9 -8 + 27

Iron Ore CNF China Fines Fe 62%, Australia $200 -3 - 20 - 14 + 10

Pellets CNF China 6-20mm, BF Grade $309 -5 -5 -7 + 50

Coking Coal CNF China Premium HCC, Australia NA NA NA NA NA

Mill Scale CNF China 70/68% NA NA NA NA NA

FeCr CNF China HC 60% ¢130/lb + 15 + 15 + 30 + 43

Mn Ore CNF China Mn 46% Lumps, Australia NA NA NA NA NA

Mn Ore CNF China Mn 38%, South Africa NA NA NA NA NA

CIS Nations
Export
Billet FOB Black Sea 125*125, BF Grade $647 0 0 + 13.5 + 15.67

Slabs FOB Black Sea Commercial $925 0 0 - 20 + 190

Pig Iron FOB Black Sea Steel Grade $585 -5 -5 - 25 + 30

TMT (Re-Bar) FOB Black Sea Commercial NA NA NA NA NA

HRC FOB Black Sea 2.5mm $922 -8 -8 - 53 - 68

CRC FOB Black Sea 0.90mm $1,040 -5 -5 - 140 - 10

Japan/Korea
Export
HRC FOB Korea 2.5mm $1,025 0 0 - 80 + 30

Import
FeCr CNF Japan HC 60% ¢134/lb + 16 + 16 + 30 + 44

Note:- W-O-W: Week On Week, 1M: Change over last month, 3M: Change over last 3 months, All prices are weekly assessment, Iron Ore are daily assessment

Copyright@ 2009-2021 www.steelmint.com [email protected] +91 9770056666

 DAILY STEEL REPORT
Issue 3192, Thursday, 29 Jul 2021

COMMODITY PARTICULAR GRADE/SIZE PRICE CHANGE W-O-W 1M 3M

India
Export
Iron Ore FOB India Fines, Fe 58/57% $80 -4 -7 -2 - 12

Billet FOB India 150*150mm $640 + 10 + 17.5 + 38 + 5.67

Pig Iron FOB India Steel Grade $508 0 0 - 42 - 22

HRC FOB India 2.5mm $888 -8 -8 - 32 - 82

CRC FOB India 0.9mm $1,255 - 70 - 70 - 35 - 70

SiMn FOB India 60/14% $1,285 -5 - 31.67 - 105 + 85

FeMn FOB India HC 75% $1,435 - 10 - 10 - 30 + 225

FeSi FOB Bhutan 70-75% $1,850 - 20 - 20 + 70 + 410

Import
Iron Ore CNF India Lumps Fe 64%, South Africa $240 0 - 25 -5 + 10

Scrap CNF India HMS 1&2 ,Middle East $475 -5 -2 0 + 22.33

Scrap CNF India Shredded, Europe $523 - 22 - 19.6 - 13 + 45.67

Coking Coal CNF India Premium HCC, Australia $240.4 +1 + 1.98 + 21.08 + 107.12

Non-Coking Coal CNF India RB2 5500 NAR, South Africa NA NA NA NA NA

Met Coke CNF India 62%, China NA NA NA NA NA

Pellets CNF India 6-20mm, BF Grade NA NA NA NA NA

Wire Rod CNF India 5.5mm, China NA NA NA NA NA

HRC CNF India 2.5mm, China NA NA NA NA NA

HRC CNF India 2.5mm, Korea NA NA NA NA NA

CRC CNF India 0.90mm, China $1,010 + 25 + 25 + 45 + 55

HR Plate CNF India A 36 NA NA NA NA NA

Mn Ore CNF India Mn 38%, South Africa NA NA NA NA NA

Europe & US
Export
Pig Iron FOB Brazil Steel Grade $615 -5 -5 - 10 + 70

Import
Scrap CFR Turkey HMS (80:20), US $480 -5 -3 - 18.2 + 17.17

HRC CIF Europe 2.5mm NA NA NA NA NA

Middle East & Africa

Export
Iron Ore FoB South Africa Lumps, Fe 64/63% NA NA NA NA NA

Non Coking Coal FoB South Africa RB2 5500 NAR NA NA NA NA NA

Import
Billet CNF Dubai 125*125, China NA NA NA NA NA

HRC CNF Dubai 2.5mm, China $1,035 0 0 + 55 + 20

Note:- W-O-W: Week On Week, 1M: Change over last month, 3M: Change over last 3 months, All prices are weekly assessment, Iron Ore are daily assessment

Copyright@ 2009-2021 www.steelmint.com [email protected] +91 9770056666

 DAILY STEEL REPORT
Issue 3192, Thursday, 29 Jul 2021

Intel
Iron Ore
» India: Godawari raises pellet offer by INR 500/t ($7) Jul 28, 2021 18:33

» China: Iron ore futures rebound on recovering steel margins Jul 28, 2021 17:37

» India: Godawari resumes pellet offers for domestic market Jul 28, 2021 16:55

» China: Iron ore spot price keeps dropping on subdued demand Jul 28, 2021 12:37

» India: Bellary pellet prices up in recent transaction Jul 27, 2021 19:12

Coal
» India: South African RB2 coal stock rises at Gangavaram on subdued portside trade Jul 28, 2021 19:16

» China: State planner prioritises coal supplies for flood-hit Henan Jul 28, 2021 16:04

» Pakistan: Buyers opt for thermal coal from Afghanistan amid high seaborne import prices Jul 28, 2021 13:29

» Australian coking coal prices hold firm as market awaits European buy tender result Jul 28, 2021 13:03

» India: South African RB2 coal price at INR 8,800/t, ex-Mangalore Jul 27, 2021 19:20

Scrap & Metallics

» India: Raipur sponge iron prices rise, plants mulling further hike Jul 28, 2021 20:15

» India: Melting scrap prices move up on improving steel sentiments Jul 28, 2021 19:11

» India: Sponge iron prices rise by INR 300/t in Odisha's Rourkela Jul 28, 2021 18:38

» India: Sponge iron prices fall by INR 100/t in Bellary Jul 28, 2021 18:24

» Turkey: Ferrous scrap import price drops in latest US deal Jul 28, 2021 17:36

Steel
» Middle East: Steel mills raise billet export offers after active bookings Jul 28, 2021 18:29

» India: IF rebar prices strong despite limited buying enquiries Jul 28, 2021 17:25

» India: Steel billet export prices rise in recent deal Jul 28, 2021 17:19

» India: Maruti Suzuki's profit declines 62% on quarter in Q1 FY '22 Jul 28, 2021 16:40

» China: Domestic billet prices stable, rebar futures surge Jul 28, 2021 16:19

Ferro Alloy
» India: OMC to auction 35,100 t chrome ore on 30 July Jul 27, 2021 16:11

» China: Tsingshan hikes ferro chrome purchase price for Aug'21 Jul 26, 2021 14:21

» India: Ferro chrome prices rise to historic highs Jul 26, 2021 14:18

» India: Bids drop by INR 1,200/t at SAIL's silico manganese auction Jul 25, 2021 13:04

» India: Price inches up nearly 8% at Sandur's manganese ore auction Jul 24, 2021 18:47

Ship Breaking
» India: Alang shipbreaking scrap movement freezes amid transporters' strike Jul 27, 2021 11:13

» Pakistan: Gadani ship breaking yard suspends operation to supply oxygen for medical use May 04, 2021 15:24

» India: Ship recycling import volumes hit five-month high in Jan '21 Feb 11, 2021 15:10

» Govt plans to double Alang's ship recycling capacity by 2024: FM Feb 01, 2021 12:06

» India: Ship breaking scrap prices in Alang hit all-time high Dec 14, 2020 12:16

Copyright@ 2009-2021 www.steelmint.com [email protected] +91 9770056666

 DAILY STEEL REPORT
Issue 3192, Thursday, 29 Jul 2021

Live Tenders
COMPANY TYPE GRADE QUANTITY EXPIRY DATE LOCATION VIEW

Chrome Ore
OMC Sell Chrome ore 35,100 MT 30 Jul, 2021 Bhubaneswar, Odisha, India

Ferro Manganese
MOIL Limited Sell High Carbon Ferro Chrome (HCFC) 5,385 MT 29 Jul, 2021 Nagpur, Maharashtra, India

Fines/lumps
ron Ore CLO and Iron Ore DRCLO FE: 67.53-
MSTC Sell 6,855 MT 20 Aug, 2021 Vishakhapatnam, Andhra Pradesh, India
68.31%
SAIL Sell Rajhara & Dalli mine Fe:60.13 & 51-52% 104,000 MT 30 Jul, 2021 Bhilai, Chattisgarh, India
Bolani Iron Ore Fines (Dump fines) Size: [-]10
SAIL Sell 100,000 MT 12 Aug, 2021 Kolkata, West Bengal, India
mm Fe:60%
Bolani - Iron Ore Fines Size: [-]10 mm
SAIL Sell 136,000 MT 07 Aug, 2021 Kolkata, West Bengal, India
Fe:62.5%
Barsua - Iron Ore Fines Size: [-]10 mm
SAIL Sell 104,000 MT 10 Aug, 2021 Kolkata, West Bengal, India
Fe:60.5%
689,000 MT
OMC Sell 62-65% CLO & Lumps 31 Jul, 2021 Bhubaneshwar, Odisha, India

OMDC Sell iron ore Lumps & fines 12,345 MT 04 Aug, 2021 Barbil, Odisha, India

Manganese Ore
MOIL Limited Sell Manganese Ore of Dioxide 1,000 MT 29 Jul, 2021 Nagpur, Maharashtra, India

Melting Scrap
SAIL Sell Melting Scrap 995 MT 30 Jul, 2021 Durgapur, West Bengal, India
NINL Sell MS Scrap 1,200 MT 03 Aug, 2021 Jajpur, Odisha, India
SAIL Sell CI-Scrap 1,000 MT 29 Jul, 2021 Burnpur, West Bengal, India

Non Coking
RANGE/GRADE: 6101-6400/G4 MID GCV:
ECL Sell 19,000 MT 31 Jul, 2021 Kolkata, West Bengal, India
6250, STM(-100MM)
BCCL Sell Non Coking coal 510,000 MT 31 Jul, 2021 Dhanbad, Jharkhand, India
552,000 MT
BCCL Sell NCC G-7-10 (-100 MM) 31 Jul, 2021 Dhanbad, Jharkhand, India

Pig Iron
SAIL Sell Steel grade 800 MT 30 Jul, 2021 Durgapur, West Bengal, India

Pooled Iron
RINL Sell Pooled iron 3,350 MT 02 Aug, 2021 Vishakhapatnam, Andhra Pradesh, India

Rail
SAIL Sell Commercial rail 60KG 3,300 MT 30 Jul, 2021 Bhilai, Chattisgarh, India
View All

Copyright@ 2009-2021 www.steelmint.com [email protected] +91 9770056666

 DAILY STEEL REPORT
Issue 3192, Thursday, 29 Jul 2021

Weekly Pig Iron Production Index by Tathya.earth (As on 24 Jul 2021)

Mills considered for this index are Jamshedpur and Mills considered for this index are POSCO's Pohang &
Kalinganagar Gwangyang and Hyundai Steel Dangjin Steel mill

Tathya's Pig Iron (Hot Metal) Index represents the variation in production of Hot Metal (Pig Iron) on a weekly basis at different steel mills. This is a near real-
time indicator of production trends in steel mills which is derived by using advanced Machine Learning leveraging the heat signals captured in the infrared
bands of satellite images. The base value of the index is considered as 100 and subsequent values represent change from the base value which gives an
indication of production trend.

Tathya.Earth has kindly allowed SteelMint to show their Pig Iron production index in this report. More info can be found at www.tathya.earth