The document is a daily steel report that provides information on steel prices and market conditions in India and globally. Some key details include: - Brahmani River Pellets Limited has expressed interest in partnering with Steel Authority of India Limited (SAIL) to utilize unused low grade iron ore fines stockpiled at several mines in Odisha and Jharkhand. - Power cuts in Andhra Pradesh have increased steel prices in the region by Rs. 500-1000 per metric ton over the past week. - The report provides tables with current spot prices for iron ore, pellets, coal, scrap and other steel products in India and globally. Prices are mixed with some increasing and

2. DAILY STEEL REPORT
Issue 1121, Wednesday, 05 Mar 2014
India: BRPL evinces Interest in Partnering
with SAIL
Bhubaneswar: Odisha based Pellet maker
of SAIL has estimated that the amount ofMar 04, 2014 11:58
Brahmani River Pellets Limited (BRPL), a
low grade fines stashed at the mines head
subsidiary of the London based Stemcor
would be about 10 MnT and out of this
group has evinced interest in tying up with
for
Odisha (Bolani mines) itself. “Yes, we
utilization of the unused low grade fines.
would surely like to explore the opportunity
SAIL is looking for partners for utilizing its
and we are open to partner with SAIL for
unused low grade Iron ore fines laying at
the purpose”, said ND Rao, MD of BRPL.
several mines heads located in Odisha &
BRPL, which has 4 MnT pa Iron pellet
Jharkhand. A senior official
plant in Kalinganagar
» India: CIL produced 5% less Coal than
target during Apr’13-Feb’14
more than 3-4 MnT of fines laying in
public
RAW MATERIAL
sector
steel
maker
SAIL
» India: MSTC conducts Auction for Iron
Ore Sale
» China: Weak buying Sentiments
decreased Transaction at Spot Iron Ore
Market
» Australia: NPC raises 4% Coal Shipment
Target for March
SEMI FINISHED
Continued on page 6....
» India: Power cut in Andhra hiked Steel
Prices by INR 1,000/MT W-o-W
Snap Shot - Indian Domestic Prices (INR/MT)
COMMODITY
2
PARTICULAR
PRICE
CHANGE
M-O-M
3M-O-M
Rungta, Odisha
6,800
0
0
0
Iron Ore Fines 3
NMDC
2,910
+ 100
+ 100
+ 300
Scrap 1
Ex-Mumbai
25,500
0
0
+ 2,800
Ex-Cuttack
24,000
0
- 464
NA
Ex-Raipur
21,000
0
- 300
+ 800
Ex-Mumbai
32,500
0
- 100
+ 1,200
Ex-Delhi
35,600
+ 100
+ 300
+ 2,100
Ex-Chennai
36,500
0
- 300
+ 2,500
Ex-Mumbai
36,300
+ 95
+ 200
+ 1,300
Ex-Durgapur
34,500
0
- 850
+ 2,500
Ex-Raipur
35,100
+ 100
- 200
+ 2,200
Ex-Ludhiana
38,300
0
+ 300
+ 1,100
Ex-Raipur
54,000
- 500
0
+ 1,250
Ex-Jajpur
71,000
- 250
- 250
- 250
Ex Balaghat, MOIL
10,403
NA
NA
+ 303
Iron Ore Lumps
Pig Iron
2
Sponge Iron
1
Billet 1
TMT (Re-Bar) 1
Structure 2
Wire Rod 1
HRC 2
Silico Manganese 2
Ferro Chrome
2
Manganese Ore 2
FINISH LONG
» India: Primary Producers increased TMT
Offers for Mar’14
» Indian Structure Market slightly improved
in a Week’s Time
FINISH FLAT
» India: SAIL Hikes prices by 1% across all
Flat Steel Products
FERRO ALLOY
» India: OMC conducts Auction for Sale of
Chrome Ore & Chrome Concenterate
» India: High Carbon Ferro Chrome Prices
down as Buying Interest recedes
Snap Shot - Global Prices (USD/MT)
COMMODITY
1
PARTICULAR
PRICE
CHANGE
M-O-M
3M-O-M
China Imports
117
0
- 5
- 21
China Imports
160
- 2
- 2
- 10
Australia Exports
121
- 1
- 6
- 14
India Imports
247
- 3
- 16
- 28
India Imports
370
0
0
+ 15
Scrap 2
Turkey Imports
350
- 2
- 25
- 44
Pig Iron 2
India Exports
375
- 5
- 10
- 25
China Exports
530
0
0
+ 10
India Exports
995
0
+ 15
+ 30
Iron Ore Fines
Pellets
Coal
2
(coking Coal) 2
2
met Coke
Coal (
Scrap
HRC
)
2
2
Silico Manganese 2
Ferro Chrome
2
Manganese Ore
China Import
2
¢ 84.5/lb
+ 0.5
+ 0.5
+ 0.5
India Imports
$ 4.7/dmtu
NA
NA
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
1-Daily Assessment, 2-Weekly Assessment, 3-Monthly Assessment, W-O-W -> Week On Week, M-O-M -> Month On Month
Copyright@2013 SteelMint
www.steelmint.com
info@steelmint.com
+91 9575100530

3. DAILY STEEL REPORT
Issue 1121, Wednesday, 05 Mar 2014
Iron Ore
PARTICULAR
SIZE/GRADE
DELIVERY
PRICE
W-O-W
M-O-M
3M-O-M
Indian Iron Ore prices (in INR/MT) as on Week 10, 2014 ( 03 Mar - 09 Mar)
Rungta Mines
5-18MM, 63
F.O.R Siding
6,800
0
0
Essel Mining
0
Blue Dust/Fines, 63
F.O.R Siding
2,675
0
0
0
Serajuddin
5-18MM, 63
F.O.R Siding
5,620
0
0
+ 510
Indrani
5-18MM, 63
F.O.R Siding
5,200
0
0
0
NMDC
6-40MM, 65
F.O.R Siding
4,500
-
0
+ 200
Prices Including Royalty (Weekly Assessment,Prices last updated on: 2014-03-04,) , # NMDC Prices Excluding Royalty of 10% (Monthly Assessment)W-O-W -> Week On Week, M-O-M -> Month On Month
Global Iron Ore prices (in USD/MT) as on date 04-Mar-2014
Fe 63.5/63, India
Iron Fines, 63.5/63
CNF China
118
- 1
- 5
- 21
Fe 61.5, Australia
Iron Fines, 61.5
CNF China
117
Fe 63.5, Brazil
Iron Fines, 63.5
CNF China
117
- 1
- 5
- 21
- 3
- 10
- 26
Fe 59/58, India
Iron Fines, 59/58
FOB Vizag
83
- 1
- 5
- 21
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
Indian Pellets prices (in INR/MT) as on Week 10, 2014 ( 03 Mar - 09 Mar)
Barbil
6-20MM, 63
F.O.R Siding
6,400
- 50
- 683
- 850
Raipur
6-20MM, 63
Ex-Works
8,000
- 150
- 200
- 200
Bellary
6-20MM, 62
Ex-Works
7,950
- 50
+ 50
+ 700
Weekly Assessment,Prices last updated on: 2014-03-04, Excise duty @12.36%; VAT as applicable.W-O-W -> Week On Week, M-O-M -> Month On Month
Global Pellets prices (in USD/MT) as on Week 10, 2014 ( 03 Mar - 09 Mar)
India Import
6-20MM, DR Grade
CNF West Coast
170
0
0
NA
China Import
BF Grade
CNF China
160
- 2
- 2
- 10
India Export
6-20MM, DR Grade
FOB East Coast
140
- 3
- 3
- 10
Coal
Global Coal prices (in USD/MT) as on Week 10, 2014 ( 03 Mar - 09 Mar)
Indonesian Thermal
3800 GAR
FOB Indonesia
32
- 1
- 1
0
Indonesian Thermal
4200 GAR
FOB Indonesia
38
- 2
- 3
- 2
Australia
Premium HCC
FOB Australia
121
- 1
- 6
- 14
Australia
Met Coke
CFR India
247
- 3
- 16
- 28
Weekly Assessment,Prices last updated on: 2014-03-04,W-o-W Changes are on the basis of FOB price,*Metcoke- Changes on the basis of CFR IndiaW-O-W -> Week On Week, M-O-M -> Month On Month
Scrap
Indian Scrap prices (in INR/MT) as on date 04-Mar-2014
Alang
Mumbai
Bhavnagar
Chennai
HMS(80:20)
Ex-Yard
26,100
+ 100
+ 200
+ 2,100
HMS(80:20)
Ex-Yard
25,500
0
0
+ 2,800
Ship Breaking
Ex-Yard
28,800
0
+ 600
+ 3,300
HMS(80:20)
Ex-Yard
24,600
0
+ 400
+ 1,200
Daily Assessment,Prices last updated on: 2014-03-04, Excise duty @12.36%; VAT as applicable.W-O-W -> Week On Week, M-O-M -> Month On Month
Global Scrap prices (in USD/MT) as on Week 10, 2014 ( 03 Mar - 09 Mar)
Europe Export
Shredded
FOB Rotterdam
330
0
- 22
- 40
Indian Import
HMS(80:20), Europe
CNF Mumbai
362
+ 2
- 18
- 1
Indian Import
Shredded, Europe/Us
CNF Mumbai
380
+ 2
- 15
+ 2
Turkey Import
HMS(80:20), Us
CNF Turkey Major Port
350
- 2
- 25
- 44
Weekly Assessment,Prices last updated on: 2014-03-04,W-O-W -> Week On Week, M-O-M -> Month On Month
Copyright@2013 SteelMint
www.steelmint.com
info@steelmint.com
+91 9575100530

4. DAILY STEEL REPORT
Issue 1121, Wednesday, 05 Mar 2014
India: Power cut in Andhra hiked Steel Prices by INR 1,000/MT Wo-W
Power cut in Hyderabad (Andhra Pradesh) once in a week has made
manufacturer from Hyderabad. SteelMint in a discussion with a Re-Mar 04, 2014 13:39
the prices dearer and forced manufacturers to increase its offers by
bar manufacturer assessed that steel prices are anticipated to drop
INR 500-1,000/MT for Ingot/Billet & Re-bar in 2-3 days. Ingot is
by INR 500-1,000/MT and there is no hope for price increment in
offered at around INR 32,300/MT, while Billet is traded at around INR
near term. Sluggish demand of Re-bar & Structure in Raipur has
32,600-32,800/MT. Re-bar (20 mm) is traded at INR 34,500-
kept Ingot/Billet offers unchanged from a week’s time. Currently,
34,700/MT. Power cut is likely to continue till Lok Sabha Elections,
Ingot is offered at around INR 30,100/MT and Billet at around INR
held in Apr-May, 2014 as electricity provided to industries is being
30,500/MT. In Durgapur (WB), gap between Ingot and Billet had
provided to farmers for crops reaping, shared an Ingot
increased by INR 300-400MT to INR 700-800/MT (e
Continued on page 6....
Indian Semi Finished & Finished Market Assessment as on Date 04 Mar (INR/MT)
ZONES
PLACE(CITY)
SPONGE IRON CHANGE SPONGE PELLET CHANGE SCRAP CHANGE PIG IRON CHANGE
Mandi Gobindgarh
0
-
-
Ludhiana
-
-
-
-
-
-
Ghaziabad
North India
23,600
-
-
-
-
-
-
-
0
-
20,200
0
0
24,500
0
19,100
0
-
-
-
-
24,200
0
-
-
-
-
-
24,000
0
Central India
0
25,800
- 200
-
25,400
0
26,500
0
-
Raipur
21,000
0
19,700
0
Raigarh
19,900
0
18,800
0
25,600
30,800
Rourkela
Cuttack
0
0
Durgapur
East India
18,800
25,600
23,900
-
South India
Mumbai
-
-
-
-
25,500
0
Jalna
-
-
-
-
25,800
+ 100
Hyderabad
West India
-
-
0
24,900
0
25,500
0
-
24,600
0
26,000
0
Chennai
-
Bellary
20,000
-
19,500
-
0
18,400
0
-
-
-
-
-
-
All prices are basic, Excise duty @ 12.36%, VAT as applicable extra, Bellary sponge pellet - 75 FeM
ZONES
PLACE(CITY)
INGOT
CHANGE
BILLET
CHANGE
Mandi Gobindgarh
Central India
West India
0
-
-
Ghaziabad
33,450
+ 50
-
-
33,100
+ 100
Durgapur
29,900
0
30,700
Rourkela
29,500
0
29,800
Raipur
30,100
+ 50
Raigarh
30,200
+ 50
Mumbai
East India
+ 50
34,650
Muzaffarnagar
North India
34,700
Ludhiana
32,350
Jalna
0
CHANGE
CHANGE
+ 100
-
-
-
-
-
35,400
+ 100
-
-
-
35,000
+ 100
-
-
0
33,050
0
-
-
+ 100
34,300
0
-
-
30,500
0
33,650
0
30,100
0
33,300
0
0
32,500
0
35,700
0
31,600
0
35,800
0
-
38,700
STRUCTURE
-
-
34,900
TMT
-
33,900
0
-
36,300
0
-
South India
35,400
-
Ahmedabad
32,850
+ 50
33,350
+ 50
36,700
+ 100
NA
Hyderabad
32,300
- 200
32,700
- 200
36,100
- 50
-
-
Chennai
32,000
0
32,600
0
36,500
0
-
-
All prices are basic , Excise duty @ 12.36%, VAT as applicable extra
Sponge Iron -78-80 FeM (Recovery 85%)
Scrap - HMS, Mixed (Recovery 94%)
Pig Iron - Steel Grade, 3.5-4.5% Carbon
Ingot - 3.5"*4.5", Commercial Grade
Billet - 100*100, 125*125, S+P> 0.1 %,
Re-bar - 12mm, Fe 415 Grade
Copyright@2013 SteelMint
www.steelmint.com
Structure - Commercial Grade, 40 Angle
info@steelmint.com
+91 9575100530

5. DAILY STEEL REPORT
Issue 1121, Wednesday, 05 Mar 2014
Structure Market Prices Weekly Assessment as on Week 10, 2014 ( 03 Mar - 09 Mar)
REGION
CITY
North India
Ghaziabad
East India
Durgapur
Central India
40 ANGLE CHANGE
Raipur
West India
South India
-
M-O-M
75
CHANGE
CHANNEL
M-O-M
200
BEAM
CHANGE
M-O-M
+ 600
-
-
-
-
-
36,900
+ 167
34,800
- 467
- 100
34,800
- 467
- 400
35,300
- 467
- 100
33,900
+ 189
- 130
-
-
-
33,900
- 65
+ 170
Ahmedabad
35,400
+ 93
+ 320
35,600
+ 93
+ 400
36,800
+ 93
+ 400
Mumbai
36,300
+ 95
+ 200
37,300
+ 95
+ 200
37,500
+ 95
+ 200
Hyderabad
35,500
0
+ 700
36,000
0
+ 700
-
-
-
Weekly Assessment,Commercial Grade ,Excise Duty @ 12.36% ;VAT as applicable,# Prices including all taxes
Wire Market Prices Daily Assessment as on 04 Mar in (INR/MT)
ITEM
SIZE
Wire Rod
RAIPUR
CHANGE
W-O-W
DURGAPUR
CHANGE
W-O-W
5.5 MM
HB Wire
35,100
+ 100
+ 100
34,500
0
0
20 Gauge
Binding Wire
40,400
+ 50
+ 50
41,400
0
- 100
36,500
12 Gauge
37,000
+ 100
+ 100
0
0
12x12 Gauge
42,100
0
+ 150
-
-
-
12 Gauge
Barbed Wire
40,850
0
+ 50
-
-
-
GI Wire
Weekly Assessment,Commercial Grade,Excise Duty @ 12.36% ;VAT as applicable
TMT Market Prices Daily Assessment as on 04 Mar in (INR/MT)
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-Mar-2014
Ghaziabad
35,900
+ 1,150
39,400
Delhi/NCR
35,600
42,000
+ 100
- 200
+ 300
36,100
35,000
41,300
+ 100
- 200
+ 300
35,500
34,300
40,500
0
+ 150
+ 1,050
34,300
Durgapur
33,050
39,000
0
- 150
- 600
34,050
Patna
36,000
42,500
0
0
- 900
37,500
34,300
40,500
0
0
0
34,300
33,650
38,900
0
+ 250
- 450
32,850
Indore
39,400
46,500
0
+ 150
+ 400
38,600
Raigarh
33,300
39,300
0
+ 100
- 300
32,500
Jalna
35,800
42,200
0
- 100
- 500
35,800
Mumbai
35,700
42,100
0
0
- 100
35,500
Latur
36,600
43,200
0
0
+ 200
36,600
Ahmedabad
36,700
43,300
+ 100
0
+ 100
36,300
Goa
38,100
44,900
0
0
0
36,500
Jaipur
35,900
42,400
0
+ 100
+ 300
36,400
Wardha
34,700
40,900
0
NA
NA
34,100
Chennai
36,500
43,100
0
0
- 300
36,500
Hyderabad
36,100
42,600
- 50
+ 700
+ 600
34,600
Bangalore
South India
+ 300
+ 250
Raipur*
West India
- 200
+ 100
Giridih
Central India
+ 100
44,700
Rourkela
East India
41,800
38,700
Muzaffarnagar
North India
35,400
Mandi Gobindgarh
37,300
44,000
0
- 200
- 200
37,500
Daily Assessment,Size - 12MM.,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
Copyright@2013 SteelMint
www.steelmint.com
info@steelmint.com
+91 9575100530

6. DAILY STEEL REPORT
Issue 1121, Wednesday, 05 Mar 2014
Indian Finished Flat Market Weekly Assessment as on Week 10, 2014 ( 03 Mar - 09 Mar) in (INR/MT)
ZONES
North India
East India
West India
South India
PLACE(CITY)
HRC
Delhi/NCR
CHANGE
-
Ludhiana
38,300
Kolkata
CRC
0
-
CHANGE
-
-
42,000
0
-
-
Mumbai
39,400
0
-
Ahmedabad
40,000
0
45,400
0
Hyderabad
42,700
+ 2,700
44,500
+ 2,500
-
42,300
0
Chennai
-
-
All prices are basic , Excise duty @ 12.36%, VAT as applicable extra
India: High Carbon Ferro Chrome Prices down as Buying Interest
recedes
High Carbon Ferro Chrome prices were slightly down from last
not been able to raise offers even though OMC has raised prices. Mar 04, 2014 15:33
week amid limited activity. There were very few inquiries from buyers
Most market participants remained uncertain about the domestic
and few deals were concluded confirmed market participants. In the
market in the near term. [su_quote]Looking at the market condition a
domestic market HC Ferro Chrome prices fall on sluggish demand
trader based from Odisha remarked, “Demand has been poor over
from end-users. Current price for HC Ferro Chrome (60% Grade) is
the past one or two months and prices seem to be flattening out.
around INR 71,000/MT (Ex-Works Odisha) and INR 72,000/MT (Ex-
While, traders were speculating that prices are coming down as
Raigarh). Indian producers said that there was a lack of procurement
there is lack of deals."[/su_quote] Chinese Market India-origin HC
interest from domestic buyers and so most producers have
Ferro Chrome (58-60% Cr) and South African Ch
Continued on page 6....
Ferro Alloys
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 10, 2014 ( 03 Mar - 09 Mar)
Chrome Ore
Friable 52-54%
Ex-Barbil
14,676
NA
+ 2,555
+ 1,361
Ferro Chrome
Hc 60%
Ex-Jajpur
71,000
- 250
- 250
- 250
Ferro Manganese
Hc 70%
Ex-Durgapur
57,500
0
- 500
+ 1,000
Ferro Silicon
Hc 70-75%
Ex-Guwahati
73,250
- 750
- 1,000
- 1,750
Manganese Ore
37.5% Lumps
Ex-Balaghat
10,403
NA
NA
+ 303
Manganese Ore
44% Lumps
Ex-Balaghat
13,571
NA
NA
+ 395
Silico Manganese
60-14
Ex-Durgapur
54,500
- 500
0
+ 1,250
Silico Manganese
60-14
Ex-Raipur
54,000
- 500
0
+ 1,250
NA
- 30
- 30
+ 0.5
+ 0.5
+ 0.5
0
+ 5
+ 50
NA
NA
Global Ferro Alloys prices (in USD/MT) as on Week 10, 2014 ( 03 Mar - 09 Mar)
Chrome Ore
Lumpy 36-38%
CNF China
135
Ferro Chrome
Hc 60%
CNF China
¢ 84.5/lb
Ferro Manganese
Hc 75%
FOB East Coast
1,010
Manganese Ore
44% Lumps, Brazil
CNF East Coast
USD 5.2/dmtu
NA
Manganese Ore
38% Lumps, S. Africa
CNF East Coast
USD 4.7/dmtu
NA
NA
NA
65-15
FOB East Coast
995
0
+ 15
+ 30
Silico Manganese
Weekly Assessment, Excise duty @12.36%; VAT as applicableW-O-W -> Week On Week, M-O-M -> Month On Month
Copyright@2013 SteelMint
www.steelmint.com
info@steelmint.com
+91 9575100530

7. DAILY STEEL REPORT
Issue 1121, Wednesday, 05 Mar 2014
Trade Wise
Ferro Alloy : Esfahan Steel invites bid for purchase of 10,000 MT Ferro
Pellets : Pellet Producers in Bellary are offering Pellets at INR
Silicon in Iran before 13 Mar.
7,950/MT (Fe 63)
Iron Ore : 55,000/MT Iron ore will be exported from Paradip port by
Pig Iron : Durgapur offers Steel grade at INR 24,200- 24,400/ MT
GLASS/SHARK from vessel name Parnon.
(basic)
....Continued from page 1
, Jajpur (Odisha) is planning to trim its capacity owing to low domestic demand and introduced of export duty on Iron pellet. The
plant which was running at 50% capacity owing to raw material scarcity is also considering shutting down the plant.....
India: CIL produced 5% less Coal than target during
Apr’13-Feb’14
India: Primary Producers increased TMT Offers for
Mar’14
2014-03-04 14:18
2014-03-04 13:40
Coal India Limited (CIL), a state owned Coal miner has missed its
production target by around 2.9 MnT as reported by the company. CIL
produced around 42.6 MnT of Coal during February against its target of 45.4
MnT. CIL also missed its offtake target by 2.5 MnT. Company recorded
around 40.5 MnT of Coal supply in February which was targeted to around
for more visit http://www.steelmint.com/steelnews
43 MnT. During Febru...
Low inventory made Primary steel producers to move up TMT offers.
Merely, companies have raw material shortage and few have good export
orders which led to push up the offers. Primary Re-bar producers have
raised offers by INR 500-1,000/MT for March, 2014. Average demand and
material shortage made them to move offers northward. RINL, an Indian
for more visit http://www.steelmint.com/steelnews
Government owned st...
Indian Structure Market slightly improved in a Week’s
Time
India: MSTC conducts Auction for Iron Ore Sale
2014-03-04 13:40
Limited fluctuation in Ingot prices has inched up Structure offers in a week.
Vizag Steel Plant has also hiked its prices. Slight improvement registered by
Indian Structure market. In a week’s time, prices were improved by around
INR 100-200/MT. Improved Ingot prices and average demand has resulted
for
in price hike of Structural item. Mumbai’s Structure offers increas...
2014-03-04 13:37
Metal Scrap Trade Corporation (MSTC) invites bid for sale of Iron ore from
different Iron ore Mines/Stockyard at Karnataka. Material will be available for
sale on “As is Where is” basis. The e-auction is for registered Steel plants,
Pig iron plants, Pelletisation plant, Sponge iron plants and Beneficiation
for more visit
plants which have been wholly/partly dependent on Iron ore ...
http://www.steelmint.com/steelnews
more visit http://www.steelmint.com/steelnews
China: Weak buying Sentiments decreased Transaction Australia: NPC raises 4% Coal Shipment Target for
at Spot Iron Ore Market
March
2014-03-04 12:35
2014-03-04 11:49
Seaborne Iron ore prices remain firm on Tuesday owing to weak Iron ore
market. Spot Iron ore buying by traders & steel mills decreased owing to
uncertainty in market. Iron Ore Fines Prices on 04 Mar, 2014 Country Grade
Price in USD/MT (CNF) M-o-M India Fe 63.5/63 118 -5 Fe 61/60 111 -5
for more visit http://www.steelmint.com/steelnews
Fe...
Newcastle Port Corporation (NPC) raised its Coal shipment forecast by 4%
and expecting to ship around 11.8 MnT Coal during the month of March.
NPC, the world’s leading Coking & Non-coking Coal exporting port have
exported around 3.1 MnT during the last week ended on 03 Mar, 2014 which
rose by 7% against preceding week. However during the February, around
for more visit http://www.steelmint.com/steelnews
13.2 MnT Coal h...
India: OMC conducts Auction for Sale of Chrome Ore
& Chrome Concenterate
India: High Carbon Ferro Chrome Prices down as
Buying Interest recedes
2014-03-04 11:43
Odisha Mining Corporation (OMC) a state government undertaking
company invites bid for sale of Chrome ore & Chrome Concentrate through
auction conducted by MSTC. Material which is available from different
Chrome Ore/Chrome Concentrate(CO/CC) Mines/Stockyard in Odisha. Bid
value quoted shall be the basic price (INR/MT) for minerals(CO/CC),
for
more
visit
inclusive
of
Royalty
and
exclusi...
2014-03-04 10:03
High Carbon Ferro Chrome prices were slightly down from last week amid
limited activity. There were very few inquiries from buyers and few deals
were concluded confirmed market participants. In the domestic market HC
Ferro Chrome prices fall on sluggish demand from end-users. Current price
for HC Ferro Chrome (60% Grade) is around INR 71,000/MT (Ex-Works
for more visit http://www.steelmint.com/steelnews
Odisha) and INR...
http://www.steelmint.com/steelnews
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+91 9575100530

8. DAILY STEEL REPORT
Issue 1121, Wednesday, 05 Mar 2014
India: Power cut in Andhra hiked Steel Prices by INR
1,000/MT W-o-W
India: SAIL Hikes prices by 1% across all Flat Steel
Products
2014-03-04 08:09
Power cut in Hyderabad (Andhra Pradesh) once in a week has made the
prices dearer and forced manufacturers to increase its offers by INR 5001,000/MT for Ingot/Billet & Re-bar in 2-3 days. Ingot is offered at around INR
32,300/MT, while Billet is traded at around INR 32,600-32,800/MT. Re-bar
(20 mm) is traded at INR 34,500-34,700/MT. Power cut is likely to continue
for more visit http://www.steelmint.com/steelnews
till...
Copyright@2013 SteelMint
www.steelmint.com
2014-03-04 07:09
After a price hike initiated by JSW for the month of March, SAIL too has
raised its prices by 1% across major trading regions in the country. Market
was not expecting a price hike due to a tepid demand. However, Flat Steel
manufacturers defied market expectations and hiked the prices. SAIL raised
its prices by around INR 300-500/MT across India. Ludhiana known as one
for more visit http://www.steelmint.com/steelnews
of...
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+91 9575100530

9. DAILY STEEL REPORT
Issue 1121, Wednesday, 05 Mar 2014
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