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ODISHA: 53.6 Million Tonnes of Iron Ore stocked at Mines Head- Sources
Sep 21, 2013 18:54
RAW MATERIAL
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India: Two Iron Ore E-Auction on 26th September'13 Taiwan: Taipower invites bids for purchase of Sub-Bituminous Coal ODISHA: 53.6 Million Tonnes of Iron Ore stocked at Mines Head- Sources India: MSTC E-Auction on 27th September
Bhubaneswar: Even as the Odisha based steel units are crying oven scarcity of raw material a government report shows that there are enough iron ore fines and lumps at various mines heads lying unsold.According to an internal report of the steel and mines department there are total 46.52 million tones of iron ore fines and 7.15 million tones of iron ore lumps lying at mines heads in
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different mining circles. Thus total 53.6 million tones of iron ore remain stocked at the mines head.In Joda 27.6 million tones, Koira12.8 million tones, Keonjhar 5.2 million tones, Baripada 0.37 million tones, Jajpur road 0.43 million tones of iron ore fines has been stocked at mines head.Similarly in Joda 3.4 million tones, Koira 2.4 million tones, Keonjhar 0.57 million tones, Baripada 0.45 million tones, Jajpur road 0.22 million tones o
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FINISH
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India: Secondary Re-bar offers are Untouched India: Secondary Re-bar offers marginally Down India: Structure Prices are Invariable
Snap Shot - Indian Domestic Prices (INR/MT) COMMODITY Iron Ore Lumps Iron Ore Fines 3 Scrap 1 Pig Iron Billet 1 TMT (Re-Bar) Structure HRC
2 2 1 2 2
PARTICULAR Rungta, Odisha NMDC Ex-Mumbai Ex-Cuttack Ex-Raipur Ex-Mumbai Ex-Delhi Ex-Chennai Ex-Mumbai Ex-Durgapur Ex-Ludhiana Ex-Raipur Ex-Jajpur Ex Balaghat, MOIL
PRICE 6,400 2,510 22,500 23,750 20,500 31,300 34,600 34,700 35,800 32,450 37,000 53,750 73,500 9,616
M-O-M + 200 0 + 1000 + 1250 + 2100 + 2300 NA NA + 2460 + 2250 + 2300 + 4000 + 8000 0
3M-O-M - 400 - 100 - 300 + 750 + 1400 + 2000 NA NA + 2000 + 650 + 1800 + 4750 + 8750 NA
FERRO ALLOY
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Sponge Iron 1
Manganese Ore
Snap Shot - Global Prices (USD/MT) COMMODITY Iron Ore Fines Pellets
2 2 1
PARTICULAR China Imports China Imports Australia Exports India Imports India Imports Turkey Imports India Exports China Exports
2
PRICE 131 164 152.75 267 337 363 379 540 950 85.5 4.35
M-O-M - 10 0 + 6.75 NA - 3 - 15 + 9 0 + 50 NA NA
3M-O-M + 11 NA + 18.75 NA - 15 + 11 - 11 + 55 - 50 NA NA
Kolkata: 5th Floor, Vishvakarma Building, 86, Topsia Road, South-West Block Kolkata (W.B) - 700 046, India Tel: +91 33 22852063
Coal (Coking Coal) Coal (Met Coke) 2 Scrap 2 Scrap HRC 2 Silico Manganese Ferro Chrome
2 2 2
Pig Iron 2
Manganese Ore
1-Daily Assessment, 2-Weekly Assessment, 3-Monthly Assessment, W-O-W -> Week On Week, M-O-M -> Month On Month
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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 38, 2013 ( 16 Sep - 22 Sep)
F.O.R Siding F.O.R Siding F.O.R Siding F.O.R Siding F.O.R Siding
0 0 0 0 -
0 0 0 0 0
Prices Including Royalty (Weekly Assessment,Prices last updated on: 2013-09-21,) , # NMDC Prices Excluding Royalty of 10% (Monthly Assessment)W-O-W -> Week On Week, M-O-M -> Month On Month
Iron Fines, 63.5/63 Iron Fines, 61.5 Iron Fines, 63.5 Iron Fines, 59/58
- 1 - 1 0 - 1
- 10 - 10 - 9 - 10
+ 9 + 11 NA + 6
Indian Pellets prices (in INR/MT) as on Week 38, 2013 ( 16 Sep - 22 Sep)
+ 100 + 50 - 80
Weekly Assessment,Prices last updated on: 2013-09-21, 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 38, 2013 ( 16 Sep - 22 Sep)
+ 1 - 1 + 1
+ 2 0 + 1
NA NA - 15
Prices last updated on: 2013-09-21,W-O-W -> Week On Week, M-O-M -> Month On Month
Coal
Global Coal prices (in USD/MT) as on Week 38, 2013 ( 16 Sep - 22 Sep)
34.5 40 152.75 -
- 0.5 0 + 0.75 NA
- 0.5 - 2 + 6.75 NA
- 1.5 - 2 + 18.75 NA
Weekly Assessment,Prices last updated on: 2013-09-21,W-O-W -> Week On Week, M-O-M -> Month On Month
Scrap
Indian Scrap prices (in INR/MT) as on date 21-Sep-2013
+ 100 0 + 300 0
Daily Assessment,Prices last updated on: 2013-09-21, 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 38, 2013 ( 16 Sep - 22 Sep)
FOB Rotterdam CNF Mumbai CNF Mumbai CNF Turkey Major Port
- 4 + 4 + 5 - 5
- 15 + 4 + 5 - 15
+ 4 + 7 + 10 + 11
Weekly Assessment,Prices last updated on: 2013-09-21,W-O-W -> Week On Week, M-O-M -> Month On Month
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Indian Semi Finished & Finished Market Assessment as on Date 23 Sep (INR/MT)
ZONES North India PLACE(CITY) Mandi Gobindgarh Ludhiana Ghaziabad Durgapur East India Rourkela Cuttack Central India West India Raipur Raigarh Mumbai Jalna Hyderabad South India Chennai Bellary 19,300 20,500 20,000 19,900 18,900 SPONGE IRON CHANGE SPONGE PELLET CHANGE SCRAP CHANGE PIG IRON CHANGE 22,600 0 0 0 0 0 0 18,800 19,500 19,500 19,100 18,800 - 100 0 0 - 500 0 23,500 23,800 22,800 22,500 22,900 23,200 23,300 + 100 0 0 0 - 100 + 200 0 29,000 24,050 23,500 23,750 25,000 24,800 25,000 24,500 24,500 0 0 0 + 775 0 0 0 0 0 -
All prices are basic, Excise duty @ 12.36%, VAT as applicable extra, Bellary sponge pellet - 75 FeM
ZONES
PLACE(CITY) Mandi Gobindgarh Ludhiana Ghaziabad Muzaffarnagar Durgapur Rourkela Raipur Raigarh Mumbai Jalna Ahmedabad Hyderabad Chennai
INGOT 32,200 32,200 31,600 31,250 28,000 28,000 28,300 28,800 31,100 30,400 29,300 29,800
BILLET 32,500 28,300 28,200 29,100 28,900 31,300 30,400 29,700 30,300
TMT 36,050 34,400 34,000 31,200 32,200 32,200 35,300 35,400 33,700 33,400 34,700
CHANGE 0 0 0 0 -
North India
West India
South India
All prices are basic , Excise duty @ 12.36%, VAT as applicable extra
Indian Finished Flat Market Weekly Assessment as on Week 38, 2013 ( 16 Sep - 22 Sep) in (INR/MT)
ZONES North India East India West India South India PLACE(CITY) Delhi/NCR Ludhiana Kolkata Mumbai Ahmedabad Hyderabad Chennai 37,400 39,200 39,100 38,700 37,000 HRC CHANGE + 667 0 0 + 200 0 42,700 41,300 45,400 40,500 CRC CHANGE + 167 0 0 0
All prices are basic , Excise duty @ 12.36%, VAT as applicable extra
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
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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 38, 2013 ( 16 Sep - 22 Sep)
Chrome Ore Ferro Chrome Ferro Silicon Manganese Ore Manganese Ore Silico Manganese Silico Manganese
Friable 52-54% Hc 60% Hc 70-75% 37.5% Lumps 44% Lumps 60-14 60-14
Global Ferro Alloys prices (in USD/MT) as on Week 38, 2013 ( 16 Sep - 22 Sep)
Chrome Ore Ferro Manganese Manganese Ore ($/DMTU) Manganese Ore ($/DMTU) Silico Manganese
CNF China FOB East Coast CNF East Coast CNF East Coast FOB East Coast
NA + 30 NA NA + 20
NA + 45 NA NA + 50
NA + 20 NA - 0.65 - 50
Weekly Assessment,Prices last updated on: 2013-09-21, Excise duty @12.36%; VAT as applicableW-O-W -> Week On Week, M-O-M -> Month On Month
f iron ore lumps has been stocked at mines head.A senior official of the Directorate of Mines said that the iron ore remain unsold are mostly from the 50% state quota. Generally the 50% earmarked for the outside state units get sold out. But as the local steel units demand raw material at a lower price the minerals remain unsold.The local steel units under the banner of All Odisha Steel Federation (AOSF) have been demanding for steady raw material supply with a lower price. The Odisha government last year had come up with a resolution to earmar....
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MSTC (Metal & Scrap Trading Corporation Ltd) is organizing an Iron ore e-auction at Karnataka on behalf of various mines and stockyards in Karnataka. Iron ore's auction will be conducted on 26th September'13. The total quantity of Iron ore offered for sale is 734,000 MT. Auction 1 will commence at 16:00 HRS IST and conclude by 18:00 HRS IST Auction 2 will commence at 14:00 HRS IST and conclude by 16:00 HRS IST for more visit Auction1: Inspection of material will take place between...
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Taiwan Power Company (Taipower), located in Zhongzheng District of Taipei City is inviting bids for the supply of coal from abroad countries and districts. Grade:Gross Calorific Value GCV: Min 5,000 Kcal/KgTotal Moisture: Max 28%Ash: Max 15%Fixed Carbon: Max 60% General Conditions: Required quantity should be shipped in 14 Panamax X 75,000 MT +/-10%Each shipment of coal to be purchased by Taipower and delivered by a bidder should be entirely supplied from a single mine. for more visit http://www.steelmint.com/steelnews Supp...
ODISHA: 53.6 Million Tonnes of Iron Ore stocked at Mines Head- Sources
Sep 21, 2013 06:54
Bhubaneswar: Even as the Odisha based steel units are crying oven scarcity of raw material a government report shows that there are enough iron ore fines and lumps at various mines heads lying unsold.According to an internal report of the steel and mines department there are total 46.52 million tones of iron ore fines and 7.15 million tones of iron ore lumps lying at mines heads in different mining circles. Thus total 53.6 million tones of for more iron ore remain stocked at the mines head.In Joda 27.6 m...
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MSTC is conducting Iron ore e-auction at karnataka on 27th of September, on behalf of various mines and stockyards in karnataka.The total quantity of Iron ore offered for sale is 460,000MT.Total two auction going to take place on 27th september'13. Auction 1 will commence at 11:00 HRS IST and conclude by 13:00 HRS ISTAuction 2 will commence at 13:00 HRS IST and conclude by 15:00 HRS ISTAuction1: Inspection of material will take place between 21.09.13 to 26.09.13Auction 2: for more visit http://www.steelmint.com/steelnews Inspect...
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Re-bar manufacturers of India have kept offers unchanged from last 3-4 days because of weak sale in finished long steel products and stable semi finish products prices.Shree Vaishnav Industries Pvt Ltd based at Mumbai with a Re-bar production capacity of approx 18,000MT/M has kept its Re-bar prices unchanged.Correspondingly, in Raipur city, a part for more visit http://www.steelmint.com/steelnews of Central India, Re-bar ...
Re-bar manufacturers of India have made a slight cut of INR 100-300/MT from last trade because of weak sale in finished long steel products and stable semi finish products prices.In Raipur city, a part of Central India, Rebar offers for GK TMT has moved down by INR 300/MT. Generally Re-bar is supplied in Maharashtra, Tamil Nadu and Kerala region, but owing to slow for more visit http://www.steelmint.com/steelnews off tak...
Structure prices all over India remain unchanged on slowdown in demand. Demand from local market is on hold, as the festival session had suspended construction activities. Also fabrication works are running on a numb pace. Offers in Mumbai are unchanged from 16th September. Ingot prices has witnessed a slight change with a decrease of INR for more visit http://www.steelmint.com/steelnews 100/MT. On the oth...
"OMC can adopt any methodology of price setting for chrome ore depending on the market conditions"The Competition commission of India (CCI) has rejected the petition by the All Odisha Steel Federation (AOSF) against the Odisha government owned Odisha Mining Corporation (OMC) for abusing its dominant position to fix high prices of Chrome ore and for more visit http://www.steelmint.com/steelnews intentionally restricting ch...
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+91 9575100530