Top Banner
8
Welcome message from author
This document is posted to help you gain knowledge. Please leave a comment to let me know what you think about it! Share it to your friends and learn new things together.
Transcript
Page 1: Steelreport
Page 2: Steelreport

DAILY STEEL REPORT

Issue 1045, Thursday, 05 Dec 2013

Snap Shot - Indian Domestic Prices (INR/MT)

Snap Shot - Global Prices (USD/MT)

1-Daily Assessment, 2-Weekly Assessment, 3-Monthly Assessment, W-O-W -> Week On Week, M-O-M -> Month On Month

India: NMDC hikes Iron ore Prices the 2nd Time in Q3 FY14

December 4, 2013 NMDC, a state owned and India’s largest

Iron ore miner, has raised Iron ore offers

by INR 200/MT for Dec 2013. The miner

has an installed capacity of 32 MnT pa

and produces about 27-28 MnT. The

company revises Iron ore prices on a

monthly basis. This is the 2nd time that

NMDC has been able to lift offers in Q3

FY14. In October, offers had increased by

INR 100/MT, after a year's time. On

   what grounds is NMDC charging high for

Iron ore? For December bookings, miners

in Odisha increased offers amid low

output and better buying volumes.

NMDC’s Iron ore production (2.56 MnT)

and sales (2.44 MnT) increased M-o-M in

November 2013. In October, it produced

1.9 MnT and sold 2.26 MnT. In November,

numbers were lower than expected

because of unavailability of

Continued on page 6....

COMMODITY PARTICULAR PRICE CHANGE M-O-M 3M-O-M

Iron Ore Lumps 2 Rungta, Odisha 6,800 +  200     +  200     +  400    

Iron Ore Fines 3 NMDC 2,810 +  200     +  200     +  300    

Scrap 1 Ex-Mumbai 22,700    0     +  700     +  600    

Pig Iron 2 Ex-Cuttack -     NA     NA     NA    

Sponge Iron 1 Ex-Raipur 20,200 -  100     +  300        0    

Billet 1 Ex-Mumbai 31,300 -  200     +  1,200     +  200    

TMT (Re-Bar) 1Ex-Delhi 33,500 -  300     -  100     NA    

Ex-Chennai 34,000    0     +  200     NA    

Structure 2 Ex-Mumbai 35,100 +  118     +  1,300     -  850    

Wire Rod 1Ex-Durgapur 32,000 -  200     +  600        0    

Ex-Raipur 32,900 -  200     +  500     -  300    

HRC 2 Ex-Ludhiana 37,200    0        0     +  200    

Silico Manganese 2 Ex-Raipur 52,750    0     NA     -  750    

Ferro Chrome 2 Ex-Jajpur 72 -  71,428     -  71,928     -  69,428    

Manganese Ore 2 Ex Balaghat, MOIL 10,100 NA     NA     NA    

COMMODITY PARTICULAR PRICE CHANGE M-O-M 3M-O-M

Iron Ore Fines 1 China Imports 138 +  2     +  6     +  1    

Pellets 2 China Imports 170 +  2     +  6     +  5    

Coal (coking Coal) 2 Australia Exports 136 -  3     -  11     -  16    

Coal (met Coke) 2 India Imports 274 -  2     +  1     +  10    

Scrap 2 India Imports 355 +  5     +  10     +  21    

Scrap 2 Turkey Imports 395 +  5     +  3     +  27    

Pig Iron 2 India Exports 400    0     +  21     +  30    

HRC 2 China Exports 525 +  5     +  5     -  25    

Silico Manganese 2 India Exports 965 -  30     NA     +  35    

Ferro Chrome 2 China Import ¢ 84.5/lb +  0.5     NA     -  0.5    

Manganese Ore 2 India Imports $ 4.5/dmtu NA     +  0.5     NA    

Our Contact Details Raipur:

#301, Jeevan Parisar, Rajeev Nagar Behind Crystal Arcade

Raipur (C.G) - 492 007 India Tel: +91 771 2284888

Kolkata:

5th Floor, Vishvakarma Building, 86, Topsia Road, South-West Block Kolkata (W.B) - 700 046, India

Tel: +91 33 22852063

RAW MATERIAL

» Imported Scrap Offers from Middle East to India up by USD 5-7/MT

» Karnataka Government seeks Higher Iron Ore Production

» India: NMDC hikes Iron ore Prices the 2nd Time in Q3 FY14

» India: HNL floats Tender for Purchase of Imported Coal

SEMI FINISHED

» Mandi MS Ingot Price Gap widened compared to Central & East India

» Indian Sponge Iron Prices fall by INR 400-500/MT W-o-W

FINISH

» India's Largest Re-bar Producers keep Prices Unchanged for Dec'13

FERRO ALLOY

» India: Ferro Chrome Demand cramped by weak Stainless Steel Market in China

Copyright@2013 SteelMint www.steelmint.com [email protected] +91 9575100530

Page 3: Steelreport

Iron Ore

Prices Including Royalty (Weekly Assessment,Prices last updated on: 2013-12-04,) , # NMDC Prices Excluding Royalty of 10% (Monthly Assessment)W-O-W -> Week On Week, M-O-M -> Month On Month

Prices on DMT basis (Daily Assessment) , India- Single Port Loading , FOB prices including demurrageW-O-W -> Week On Week, M-O-M -> Month On Month

Weekly Assessment,Prices last updated on: 2013-12-04, Excise duty @12.36%; VAT as applicable.W-O-W -> Week On Week, M-O-M -> Month On Month

Coal

Weekly Assessment,Prices last updated on: 2013-12-04,W-o-W Changes are on the basis of FOB price,*Metcoke- W-o-W changes on the basis of CFR IndiaW-O-W -> Week On Week, M-O-M -> Month On Month

Scrap

Daily Assessment,Prices last updated on: 2013-12-04, Excise duty @12.36%; VAT as applicable.W-O-W -> Week On Week, M-O-M -> Month On Month

Weekly Assessment,Prices last updated on: 2013-12-04,W-O-W -> Week On Week, M-O-M -> Month On Month

DAILY STEEL REPORT Issue 1045, Thursday, 05 Dec 2013

PARTICULAR SIZE/GRADE DELIVERY PRICE W-O-W M-O-M 3M-O-M

Indian Iron Ore prices (in INR/MT) as on Week 49, 2013 ( 02 Dec - 08 Dec)

Rungta Mines 5-18MM, 63 F.O.R Siding 6,800 +  200     +  200     +  400    

Essel Mining Blue Dust/Fines, 63 F.O.R Siding 2,675 +  200     +  200     +  400    

Serajuddin 5-18MM, 63 F.O.R Siding 5,110    0        0        0    

Indrani 5-18MM, 63 F.O.R Siding 5,200    0        0     +  350    

NMDC 6-40MM, 65 F.O.R Siding 4,500 -     +  200     +  300    

Global Iron Ore prices (in USD/MT) as on date 04-Dec-2013   

Fe 63.5/63, India Iron Fines, 63.5/63 CNF China 139 +  3     +  5     +  1    

Fe 61.5, Australia Iron Fines, 61.5 CNF China 138 +  3     +  6     +  1    

Fe 63.5, Brazil Iron Fines, 63.5 CNF China 143 +  3     +  10     +  4    

Fe 59/58, India Iron Fines, 59/58 FOB Vizag 104    0     +  3     -  3    

Indian Pellets prices (in INR/MT) as on Week 49, 2013 ( 02 Dec - 08 Dec)   

Barbil 6-20MM, 63 F.O.R Siding 7,100    0     +  100     -  100    

Raipur 6-20MM, 63 Ex-Works 7,850    0     -  550     -  500    

Bellary 6-20MM, 62 Ex-Works 7,075    0     -  125     -  365    

Global Pellets prices (in USD/MT) as on Week 49, 2013 ( 02 Dec - 08 Dec)   

China Import BF Grade CNF China 170 +  2     +  6     +  5    

India Export 6-20MM, DR Grade FOB East Coast 150 +  2     +  6     +  11    

Global Coal prices (in USD/MT) as on Week 49, 2013 ( 02 Dec - 08 Dec)   

Indonesian Thermal 3800 GAR FOB Indonesia 32 -  1        0     -  3    

Indonesian Thermal 4200 GAR FOB Indonesia 39    0        0     -  1    

Australia Premium HCC FOB Australia 136 -  3     -  11     -  16    

Australia Met Coke CFR India 274 -  2     +  1     +  10    

Indian Scrap prices (in INR/MT) as on date 04-Dec-2013   

Alang HMS(80:20) Ex-Yard 24,000 -  750     -  200     +  500    

Mumbai HMS(80:20) Ex-Yard 22,700    0     +  700     +  600    

Bhavnagar Ship Breaking Ex-Yard 25,500 -  800     +  950     +  850    

Chennai HMS(80:20) Ex-Yard 23,400 +  200     +  400     +  400    

Global Scrap prices (in USD/MT) as on Week 49, 2013 ( 02 Dec - 08 Dec)   

US Export HMS(80:20) FOB East Coast 308    0        0     NA    

Europe Export Shredded FOB Rotterdam 370 +  5     -  2     +  22    

Indian Import HMS(80:20), Europe CNF Mumbai 363    0        0     +  10    

Indian Import Shredded, Europe/Us CNF Mumbai 378    0        0     +  8    

Turkey Import HMS(80:20), Us CNF Turkey Major Port 395 +  5     +  3     +  27    

Copyright@2013 SteelMint www.steelmint.com [email protected] +91 9575100530

Page 4: Steelreport

Indian Semi Finished & Finished Market Assessment as on Date 05 Dec (INR/MT)

All prices are basic, Excise duty @ 12.36%, VAT as applicable extra, Bellary sponge pellet - 75 FeM

All prices are basic , Excise duty @ 12.36%, VAT as applicable extra

DAILY STEEL REPORT Issue 1045, Thursday, 05 Dec 2013

Indian Sponge Iron Prices fall by INR 400-500/MT W-o-W December 4, 2013 Sponge iron prices in Eastern region of India, which contributes

almost 60 percent of total installed sponge iron capacity, have fallen

down by INR 400-500/MT in a week's time. However sponge prices

in Western region firm up on limited supply of imported scrap Indian

sponge iron prices have shown some resistance after an increment

last week. Prices are down by almost INR 400-500 per tonne in this

week largely owing to weak demand in finished steel.Current offers

are prevailing in the range of INR 18,200-20,200/MT (USD

   290-320) on ex works basis. Chhattisgarh is the largest sponge iron

producing state in India with an installed capacity of over 11 million

tonnes per annum. Prices have come down by INR 500 and

currently being offered at around INR 20,200/MT on ex- works basis.

"Sponge prices have come down marginally, however there is no

reason for prices to correct. There is shortage of iron ore in the

market. Matter of the fact is miners like Rungta, Essel and NMDC

have raised their ore prices by INR 200/MT. Downside looks li

Continued on page 6....

ZONES PLACE(CITY) SPONGE IRON CHANGE SPONGE PELLET CHANGE SCRAP CHANGE PIG IRON CHANGE

North India

Mandi Gobindgarh 22,500    0     -     -     23,600 -  50     -     -    

Ludhiana -     -     -     -     -     -     30,000    0    

Ghaziabad -     -     -     -     -     -     -     -    

East India

Durgapur 19,100 -  200     18,100 -  200     23,800    0     23,800    0    

Rourkela 18,200 -  100     -     -     -     -     23,600    0    

Cuttack -     -     -     -     -     -     -     NA    

Central IndiaRaipur 20,200 -  100     19,300 -  100     22,800    0     24,800    0    

Raigarh 19,300 -  300     18,400 -  400     -     -     24,000    0    

West IndiaMumbai -     -     -     -     22,700    0     25,500    0    

Jalna -     -     -     -     23,250    0     -     -    

South India

Hyderabad -     -     19,200 -  300     22,700    0     24,500    0    

Chennai -     -     -     -     23,400    0     25,500    0    

Bellary 19,000    0     18,500    0     -     -     -     -    

ZONES PLACE(CITY) INGOT CHANGE BILLET CHANGE TMT CHANGE STRUCTURE CHANGE

North India

Mandi Gobindgarh 32,150 -  200     32,500 -  200     36,050 -  50     35,000 -  100    

Ludhiana 32,300 -  100     -     -     -     -     -     -    

Ghaziabad 31,500 -  100     -     -     33,300 -  300     -     -    

Muzaffarnagar 31,250 -  150     -     -     32,900 -  300     -     -    

East IndiaDurgapur 28,000 -  200     28,400 -  250     31,400 -  400     -     -    

Rourkela 27,000 -  200     27,500 -  100     31,150 -  250     -     -    

Central IndiaRaipur 27,800 -  200     28,500 -  250     31,200 -  200     -     -    

Raigarh 28,000 -  100     28,200 -  100     -     -     -     -    

West India

Mumbai 31,100 -  150     31,300 -  200     34,500 -  100     35,100    0    

Jalna -     -     30,200    0     34,600    0     -     -    

Ahmedabad 30,200 -  100     30,900    0     33,400    0     -     -    

South IndiaHyderabad 30,200    0     30,500    0     33,500 -  400     -     -    

Chennai 29,400    0     29,800    0     34,000    0     -     -    

Sponge Iron -78-80 FeM (Recovery 85%)

Ingot - 3.5"*4.5", Commercial Grade

Scrap - HMS, Mixed (Recovery 94%)

Billet - 100*100, 125*125, S+P> 0.1 %,

Pig Iron - Steel Grade, 3.5-4.5% Carbon

Re-bar - 12mm, Fe 415 Grade

Structure - Commercial Grade, 40 Angle

Copyright@2013 SteelMint www.steelmint.com [email protected] +91 9575100530

Page 5: Steelreport

Structure Market Prices Weekly Assessment as on Week 49, 2013 ( 02 Dec - 08 Dec)

Weekly Assessment,Commercial Grade ,Excise Duty @ 12.36% ;VAT as applicable,# Prices including all taxes

Wire Market Prices Daily Assessment as on 05 Dec in (INR/MT)

Weekly Assessment,Commercial Grade,Excise Duty @ 12.36% ;VAT as applicable

TMT Market Prices Daily Assessment as on 05 Dec in (INR/MT)

Daily Assessment,Grade- 415/500 Fe, Excise Duty @ 12.36% ;VAT as applicable. ,*Payment next dayW-O-W -> Week On Week, M-O-M -> Month On Month,# Prices including all taxes

DAILY STEEL REPORT Issue 1045, Thursday, 05 Dec 2013

REGION CITY 40 ANGLE CHANGE M-O-M75

CHANNELCHANGE M-O-M

200 BEAM

CHANGE M-O-M

North India Ghaziabad -     -     -     -     -     -     35,500 +  733     +  550    

East India Durgapur 32,700 +  100     -  300     33,000 +  100     -  200     33,200 +  100     -  300    

Central India Raipur 31,800 -  80     +  867     31,600 -  110     +  889     32,300    0     +  500    

West IndiaAhmedabad 33,100 +  200     NA     33,300 +  200     NA     34,500 +  100     NA    

Mumbai 35,100 +  118     +  1,300     36,100 +  118     +  1,300     36,300 +  118     +  1,300    

South India Hyderabad 33,500 +  1,200     NA     34,000 +  1,200     NA     -     -     -    

ITEM SIZE RAIPUR CHANGE W-O-W DURGAPUR CHANGE W-O-W

Wire Rod 5.5 MM 32,900 -  200     -  900     32,000 -  200     -  650    

Binding Wire 20 Gauge 38,400 -  200     -  600     38,600 -  200     -  400    

HB Wire 12 Gauge 34,700 -  200     -  800     34,100 -  100     -  600    

Barbed Wire 12x12 Gauge 40,700 -  150     -  400     -     -     -    

GI Wire 12 Gauge 39,000 -  150     -  700     -     -     -    

REGION PARTICULAR 12MM PRICE (BASIC)PRICE#(ALL

TAX)CHANGE W-O-W M-O-M

20MM PRICE (BASIC)

Indian TMT prices (in INR/MT) as on date 04-Dec-2013   

North India

Ghaziabad 33,300 39,300 -  300     -  900     -  100     33,800

Mandi Gobindgarh 36,050 42,500 -  50     -  350     NA     36,750

Delhi/NCR 33,500 39,500 -  300     -  900     -  100     34,000

Muzaffarnagar 32,900 38,800 -  300     -  900     -  100     33,400

East India

Rourkela 31,150 36,800 -  250     +  250     +  850     31,150

Durgapur 31,400 37,000 -  400     -  700     +  400     32,400

Patna 35,200 41,500    0     NA     NA     36,700

Giridih 32,600 38,500    0     NA     NA     32,600

Central India Raipur* 31,200 36,100 -  200     -  500     +  300     30,600

West India

Jalna 34,600 40,800    0     -  200     +  1,200     33,000

Mumbai 34,500 40,700 -  100     -  300     +  1,600     34,500

Latur 35,100 41,400    0     NA     NA     33,500

Ahmedabad 33,400 39,400    0     -  300     +  100     33,600

Goa 35,900 42,400    0     +  600     +  1,100     34,300

Jaipur 34,100 40,200 -  300     -  350     +  1,200     34,600

South India

Chennai 34,000 40,100    0     +  350     +  200     34,000

Hyderabad 33,500 39,500 -  400        0     +  1,400     32,500

Bangalore 35,700 42,100    0     +  200     +  1,500     36,100

Copyright@2013 SteelMint www.steelmint.com [email protected] +91 9575100530

Page 6: Steelreport

Indian Finished Flat Market Weekly Assessment as on Week 49, 2013 ( 02 Dec - 08 Dec) in (INR/MT)

All prices are basic , Excise duty @ 12.36%, VAT as applicable extra

Ferro Alloys

Weekly Assessment, Excise duty @12.36%; VAT as applicableW-O-W -> Week On Week, M-O-M -> Month On Month

DAILY STEEL REPORT Issue 1045, Thursday, 05 Dec 2013

ZONES PLACE(CITY) HRC CHANGE CRC CHANGE

North IndiaDelhi/NCR -     -     -     -    

Ludhiana 37,200    0     42,000 -  300    

East India Kolkata -     -     -     -    

West IndiaMumbai 37,600 NA     42,000 NA    

Ahmedabad 38,900 NA     43,600    0    

South IndiaHyderabad 38,200 NA     -     -    

Chennai -     -     -     -    

India: Ferro Chrome Demand cramped by weak Stainless Steel Market in China

December 4, 2013 High Carbon Ferro Chrome Market was mostly unchanged in India

with market participants expecting better prices achievable soon.

Indian High Carbon Ferro Chrome market is firm at INR 72, 000 /MT

(Ex-Works Odisha) for 60% Grade, unmoved from last week. The

price of HC Ferro Chrome in Raigarh is trading around INR 72,000 -

73,000 /MT. Sources are of the view that prices should rise as the

recently concluded Chrome Ore auction received higher bids by 20-

30 per cent. IDCOL AUCTION IDCOL Ferro Chrome & Alloys

   Limited had invited tenders for the sale of High Carbon Ferro

Chrome (HCFC) of 1100 MT approximately. According to industry

sources bids were received to the levels of INR 69,250/MT (USD

1,108 /MT), Ex-Works. SteelMint assessed that quite a few Stainless

Steel mills participated in the tender, and actual buying interest was

relatively modest as bid levels were much lower as compared to

prices in the open market. OVERSEAS MARKET Spot import price

of lumpy High-Carbon Ferro Chrome imported into Japan

Continued on page 6....

PARTICULAR SIZE/GRADE DELIVERY PRICE (BASIC) W-O-W M-O-M 3M-O-M

Indian Ferro Alloys prices (in INR/MT) as on Week 49, 2013 ( 02 Dec - 08 Dec)

Chrome Ore Friable 52-54% Ex-Barbil 13,315 NA     NA     NA    

Ferro Chrome Hc 60% Ex-Jajpur 72 -  71,428     -  71,928     -  69,428    

Ferro Manganese Hc 70% Ex-Durgapur 56,500    0     NA     NA    

Ferro Silicon Hc 70-75% Ex-Guwahati 75,000 +  250     -  1,000     +  1,000    

Manganese Ore 37.5% Lumps Ex-Balaghat 10,100 NA     NA     NA    

Manganese Ore 44% Lumps Ex-Balaghat 13,176 NA     NA     NA    

Silico Manganese 60-14 Ex-Durgapur 54,000    0     NA     +  500    

Silico Manganese 60-14 Ex-Raipur 52,750    0     NA     -  750    

Global Ferro Alloys prices (in USD/MT) as on Week 49, 2013 ( 02 Dec - 08 Dec)   

Chrome Ore Lumpy 36-38% CNF China 165 NA     NA     NA    

Ferro Chrome Hc 60% CNF China ¢ 84.5/lb +  0.5     NA     -  0.5    

Ferro Manganese Hc 75% FOB East Coast 950    0     NA     NA    

Manganese Ore 44% Lumps, Brazil CNF East Coast USD 4.9/dmtu NA     -  0.1     NA    

Manganese Ore 38% Lumps, S. Africa CNF East Coast USD 4.5/dmtu NA     +  0.5     NA    

Silico Manganese 65-15 FOB East Coast 965 -  30     NA     +  35    

Copyright@2013 SteelMint www.steelmint.com [email protected] +91 9575100530

Page 7: Steelreport

DAILY STEEL REPORT Issue 1045, Thursday, 05 Dec 2013

....Continued from page 1 required number of rakes, issues with equipment, loading problems and impact of post monsoon”, said sources. Sponge iron

market is looking up because of shortage of Scrap in domestic market and landed cost of imported Scrap is still high. INR is at 62

against USD, pushing up domestic prices of Sponge iron and Scrap. What CGSIMA has to say? "Our cost of production has gone

up by INR 500/MT because of NM.... for more visit http://www.steelmint.com/steelnews

Surplus Coal sales, another Option to increase Coal Supply Over India’s increasing coal thrust and state owned miners inability to fulfill the demand, has pushed Coal Ministry to work on more options for coal supply. To increase the domestic supply, the Ministry is formulating policies that can help captive mine holders to sell surplus Coal to Power, Steel and Cement producer who have undeveloped mines or no Coal linkages wit... for more visit http://www.steelmint.com/steelnews

India: HNL floats Tender for Purchase of Imported Coal Hindustan Newsprint Limited, a Government of India Company and subsidiary of Hindustan Paper Corporation Limited. It floats tender for purchase of 50,000 MT of Indonesian origin Imported Coal from indigenous sources on FOR basis at Newsprint Nagar Kerala. Specification Gross Calorific Value (Kcal/Kg) :  5600 (ADB) Total Moisture: Max 22% Ash: Max 8% Size:... for more visit http://www.steelmint.com/steelnews

India: NMDC hikes Iron ore Prices the 2nd Time in Q3 FY14 NMDC, a state owned and India’s largest Iron ore miner, has raised Iron ore offers by INR 200/MT for Dec 2013. The miner has an installed capacity of 32 MnT pa and produces about 27-28 MnT. The company revises Iron ore prices on a monthly basis. This is the 2nd time that NMDC has been able to lift offers in Q3 FY14. In October, offers had increased by INR 100/MT, aft... for more visit http://www.steelmint.com/steelnews

Indian Sponge Iron Prices fall by INR 400-500/MT W-o-W Sponge iron prices in Eastern region of India, which contributes almost 60 percent of total installed sponge iron capacity, have fallen down by INR 400-500/MT in a week's time. However sponge prices in Western region firm up on limited supply of imported scrap Indian sponge iron prices have shown some resistance after an increment last week. Prices are down by almost INR ... for more visit http://www.steelmint.com/steelnews

Karnataka Government seeks Higher Iron Ore Production On 3 Dec, looking after the imbalance in supply and consumption of iron ore in the country, steel ministry filed an application to Supreme Court, urging to raise Iron ore production in Karnataka up to 50 MnT annually. “India is currently 4th largest producer of steel in the world, and soon by 2017 would likely to become the 2nd largest producer, if the capacities are ... for more

visit http://www.steelmint.com/steelnews

India: Ferro Chrome Demand cramped by weak Stainless Steel Market in China High Carbon Ferro Chrome Market was mostly unchanged in India with market participants expecting better prices achievable soon. Indian High Carbon Ferro Chrome market is firm at INR 72, 000 /MT (Ex-Works Odisha) for 60% Grade, unmoved from last week. The price of HC Ferro Chrome in Raigarh is trading around INR 72,000 - 73,000 /MT. Sources are of the view that prices shou... for more visit http://www.steelmint.com/steelnews

Mandi MS Ingot Price Gap widened compared to Central & East India MS Ingot offers in Mandi Gobindgarh are around INR 32,200/MT. Whereas, prices in Durgapur (East India) & Raipur (Central India) are hovering around INR 28,000-28,200/MT creating a gap of INR 4,000-4,200/MT. MS Ingot prices increased by INR 500-1,500/MT (M-o-M) previous month, owing to high raw material cost and low Ingot productions. Ingot manufacturer across the city h... for more visit http://www.steelmint.com/steelnews

India’s Largest Re-bar Producers keep Prices Unchanged for Dec’13 RINL, India’s first shore based integrated Steel plant located at Visakhapatnam in Andhra Pradesh produces approx 2.5 MnT Bars and Rods every year, has kept its Re-bar prices untouched for Dec’13. On the other hand a negligible increment of INR 200/MT is made in Wire Rod prices. Other primary steel producers like Tata and SAIL have also kept their Re-bar prices unaffec... for more visit http://www.steelmint.com/steelnews

Imported Scrap Offers from Middle East to India up by USD 5-7/MT Indian Scrap importers are interested in the imports owing to the increased demand and high domestic Scrap prices. Stable exchange rate also supports the interest.  Indian importers are eyeing at the benefit of high domestic Scrap prices and stable exchange rates. Domestic Scrap prices increase by 700-1,000/MT M-o-M and today Mumbai domestic HMS trade prices were at IN... for more visit http://www.steelmint.com/steelnews

Copyright@2013 SteelMint www.steelmint.com [email protected] +91 9575100530

Page 8: Steelreport

DAILY STEEL REPORT Issue 1045, Thursday, 05 Dec 2013

 

 REPORTS

  Daily Steel Report

  Ironore Insight

  Coal Review

  Scrap Insight

  Semi Finished And Finished Long

  Finished Flat

  Ferro Alloys Insight

 

SERVICES

Steel Prices   Market Tracker  

Steel News   Statistics

Archive Data   Logistics

Tenders   Events

Expert Comments   Plant & Machinary For sale

Forecasts   Global Steel Prices

   

 

SUBSCRIPTION/ TRIALS OFFICES

www.steelmint.com Ph: +919575100530 Email: [email protected]

Bank Account Details HDFC Bank, Raipur Account Number - 01522560009922 IFSC Code - HDFC0000152

IDBI Bank, Raipur

Account Number - 0049102000048888 IFSC Code - IBKL0000851

SteelMint, Raipur 301, Jeevan ParisarRajeev Nagar, Raipur(C.G) - 492007 Telefax: +917712284888

SteelMint, Kolkata 5th Floor, Vishvakarma Building, 86, Topsia Road, South-West Block, Telefax: +913322852063

This publication is for information purposes only. The information contained in this document has been compiled from sources believed to be reliable.

SteelMint cannot be made liable for any loss no matter how it may arise. The recipient of this report must make its own independent decisions regarding

any product or items mentioned herein.

©SteelMint 2013. All rights reserved. No part of this publication (text, data or graphic) may be reproduced, stored in corporate data retrieval systems or

transmitted in any form without obtaining SteelMint's prior written consent.

Copyright@2013 SteelMint www.steelmint.com [email protected] +91 9575100530