Iron ore & pellets:
- Indian iron ore export shipments increase by more than 85% to 46.5 mn t in FY’21
- SteelMint’s PELLEX continues to increase further by INR 200/t in recent deal.
- Odisha Mining Corp postpones 1 mnt seized iron ore auction scheduled today
Coal:
- S.African RB2 (5500 NAR) coal prices assessed at INR 6,800/t ex-Gangavaram as buyers refrain from making bookings amid fear of weak steel demand on COVID restrictions
Scrap & Metallics:
- SteelMint: India’s domestic steel scrap index rises further by INR 500/t
- Imported Shredded scrap prices rise to $460-465/t CFR Pakistan in recent trades
Semi-finished steel:
- Indian billet export prices hit an 8-year high of $591-593/t FoB in a recent tender
- SteelMint’s billet index increases by INR 200/t
- SAIL floats export tender for 16,000 t slabs from Bhilai Steel Plant
- Vizag Steel floats 240,000 t blooms export tender
Finished steel:
- SteelMint’s Indian HRC export index surges by $63 w-o-w
- Indian primary mills raise rebar offers by INR 4,000/t for Apr
- Tata Steel India achieves the highest ever annual delivery volume of 17.30 mn t in FY’21
Ferro Alloys:
- Indian Silicomanganese prices increase further by INR 1,500/t w-o-w in Raipur amidst supply shortage
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