The Goa based Pig iron producer with capacity of 0.6 MnT pa has recently finalized an export deal for 30,000 MT of Steel grade (Si 1.2%) material.
The deal was concluded at around USD 417/MT CFR with a Korean trader in the previous week. For the third time, Goa based exporter has concluded a deal with Daewoo International Corporation.
Shipment of the material will take place towards the end of January, from Goa Port.
Rise in freight charges had eaten up the Pig iron export market in the month of December, owing to which no deal was finalized by the Goa based exporter. The Company has a monthly export target of 30,000 MT Pig iron.
| Goa based Pig iron exporter concluded 3 deals with Daewoo International | |||
| Month | Qty (in MT) | Prices (USD/MT ) | Delivery Schedule |
| Jan-14 | 30,000 | 417 CFR | Jan-14 |
| Oct-13 | 30,000 | 403.75 CFR | Oct-13 |
| Sep-13 | 30,000 | 397 CFR | Sep-13 |
Source : SteelMint
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