Daily Steel Report

Issue 1034, Tuesday, 17 Oct 2023

Contents

Intel & Insights

Snap Shot - Global Prices (USD/MT)

Snap Shot - Indian Domestic Prices (INR/MT)

Iron Ore

Coal

Scrap & Metallics

Steel

Ferro Alloy

Non Ferrous

India Domestic Billet Index

Global Prices - Region Wise

Live Tenders

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 DAILY STEEL REPORT
| Intel & Insights Issue 1034, Tuesday, 17 Oct 2023

India
Iron Ore

» India: Villagers and their temple deity object to mines auctioned in Goa's Bicholim Read More

» India: Buyers book over 12,000 t of iron ore in SAIL Barsua's auction Read More

» India: OMC drops base prices by up to INR 1,700/t for upcoming iron ore e-auction Read More

» Goa Foundation seeks clarity on auction of auctioned iron ores Read More

» India: KIOCL floats 50,000 t pellet export tender Read More

» India: NMDC hikes iron ore base prices by around INR 350/t for its Donimalai auction Read More

» India: Jindal SAW reduces pellet offers by INR 200/t ($2/t) Read More

» SteelMint Daily Trade Sheet - 14 Oct'23 Read More

Scrap & Metallics

» South Asia: Imported ferrous scrap offers down on lack of buying interest Read More

» India: SteelMint's scrap index inches up by INR 100/t d-o-d Read More

» India: Sponge iron prices fall on limited buying interest - 16 Oct Read More

» India: Imported bulk scrap vessel from US to arrive at Kandla port Read More

» India: Melting scrap prices in Alang increase by INR 300/t d-o-d Read More

Steel

» India: SteelMint's billet index decreases by INR 250/t despite improved buying - 16 Oct Read More

» Indian DRI, billet and rebar update - 16 Oct Read More

» India: ERW pipe prices drop by up to INR 200/t d-o-d Read More

» India's Brand-wise Rebar Offers from BF and IF route mills - 16 Oct Read More

» India: KPIL receives new orders worth INR 2,217 crores Read More

» India steel index ends 10-week rally; market cautious ahead of festive days Read More

Ferro Alloy

» India: Silico manganese export prices steady as buyers delay bulk bookings Read More

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 Non Ferrous

» India: Copper prices remain almost firm amid low demand Read More

» India: Aluminium scrap prices remain stable Read More

» India: HZL cuts zinc, lead prices by up to INR 5,300/t ($63/t) Read More

» Non-ferrous metals' prices on LME move southward Read More

» Adani Group's greenfield copper facility to commence operations in March'24 Read More

China
» China: Shagang Steel trims ferrous scrap purchase prices by $4/t within a week Read More

» China: Steel billet prices rise by RMB 10/t ($1/t) Read More

» China: Mills' steel stocks increase marginally w-o-w Read More

» China's blast-furnace capacity use drops further to 91.93% Read More

» China's Xinran aluminium project starts production Read More

South East Asia

» Vietnam: Imported ferrous scrap prices fall w-o-w in response to weak steel sector Read More
sentiments

Far East Asia

» Japan: Tokyo Steel keeps prices unchanged for Nov'23 deliveries Read More

MEA (Middle East Africa)

» Iran: Domestic billet prices fall, rebar prices remain stable Read More

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 DAILY STEEL REPORT
Issue 1034, Tuesday, 17 Oct 2023

Vietnam: Imported ferrous scrap prices fall w-o-w in response to Oct 16, 2023 19:32

weak steel sector sentiments

The Vietnamese imported scrap market remained slow, with and were adopting a passive approach, as the steel market
bearish trends prevailing. Offers from Japan and the US edged showed signs of softening. According to buyers, current imported
down due to weak sentiments in the steel market. Many mills had scrap prices are not feasible currently. Mills are showing a
already finished restocking in previous weeks preference for domestic scrap and short-sea
Continued

Snap Shot - Global Prices (USD/MT)

Commodity Particular Size,Grade As on Price Change 1M 3M

Iron Ore Fines 1 China Imports Fines, Fe 62% 16 Oct | 10.42 IST $118 0 -8 +3
1
Iron Ore Indian Imports Lumps, Fe 64% 12 Oct | 18.27 IST $135 +5 -3 + 15
2
Pellets ( Brazil ) China Imports 6-20 mm, Fe 65% 11 Oct | 12.49 IST $133 -3 -7 -2
2
Pellets ( India ) China Imports 6-20 mm, Fe 63% 11 Oct | 18.21 IST $121 -1 -5 +4
2
Coking Australia Exports Premium HCC 16 Oct | 10.41 IST $367 0 + 47.8 + 130
2
Non Coking India Imports RB2 , S.Africa 16 Oct | 12.37 IST $130 +3 + 10.33 + 40.67
2
Graphite Electrode China Exports 600mm, UHP 16 Oct | 11.41 IST 18,250 RMB/t 0 + 200 + 300
2
Scrap India Imports Shredded 16 Oct | 17.49 IST $406 -2 - 23.2 - 0.6
2
Scrap Turkey Imports HMS 80:20 16 Oct | 17.49 IST $360 -1 - 15.2 + 9.17
2
Scrap Pakistan Imports Shredded 16 Oct | 17.49 IST $405 -5 - 28.2 - 5.4
2
Scrap Bangladesh Imports Shredded 16 Oct | 17.49 IST $422 0 - 18 - 2.4
2
Scrap ( Ship Breaking ) India Imports Containers 10 Oct | 12.14 IST $580 0 + 25 + 30
2
Billet India Exports 150*150, 3SP/4SP 13 Oct | 18.19 IST $490 0 0 - 10
2
Billet Russia Exports 130*130, 3SP 13 Oct | 18.19 IST $490 0 + 10 + 35
2
Billet Iran Exports 130*130, 3SP 13 Oct | 18.19 IST $475 0 +2 -3
2
Billet Philippines Import 150*150, 3SP 13 Oct | 18.17 IST $515 -4 +5 -4
2
Sponge Iron India Exports - - - -
2
Pig Iron Russia Exports Steel Grade 14 Oct | 13.49 IST $345 -5 - 30 + 15
2
HRC China Exports 3-12mm, SS400 10 Oct | 18.41 IST $530 - 20 - 25 - 25
2
Wire Rod Nepal Import 5.5-6.0mm, Commercial Grade 14 Oct | 13.32 IST $570 - 20 - 35 + 10
2
HRC India Exports 2.5 mm, SAE1006 19 Sep | 18.28 IST $580 0 + 10 + 10
2
HRC South Korea Exports 1.6-2.5mm, SAE 1006 10 Oct | 18.41 IST $600 0 0 0
2
HRC ( China ) Vietnam Imports 2-3mm, SAE 1006 10 Oct | 18.43 IST $555 - 10 - 15 - 20
2
HRC ( China ) Dubai Imports 2-3mm, SAE 1006 10 Oct | 18.43 IST $555 - 10 - 15 - 20
2
CRC India Exports 0.9 mm, IS 513 Gr.O 20 Sep | 18.29 IST $695 - 15 - 15 0
2
CRC China Exports 0.90mm, SPCC 11 Oct | 18.22 IST $615 - 15 - 15 - 15
2
HR Plate China Exports 5-10mm, SS 400 11 Oct | 18.31 IST $560 - 15 - 20 - 30
DX51D+z80, Width 1,000-1,500
GP 2 China Exports 12 Oct | 18.18 IST $670 - 20 - 30 - 35
mm, thickness 0.5-2mm
Silico Manganese 2 India Exports 25-150 mm, HC 65-16 16 Oct | 18.59 IST $887 -9 - 50.4 + 17.4
2
Ferro Chrome China Import 10-150mm, HC 60% 11 Oct | 10.25 IST ¢103 /lb 0 +1 +9
2
Manganese Ore India Imports Lumps, Mn 37%, 14 Oct | 15.08 IST $3.75 /dmtu 0 + 0.05 0
2
Ferro Manganese India Exports 25-150 mm, HC 75% 16 Oct | 19.02 IST $882 - 10 - 49.4 + 12
2
Ferro Silicon Bhutan Exports 10-50 mm, FeSi 70% 13 Oct | 10.23 IST $1,310 + 10 + 10 - 115
1-Daily Assessment, 2-Weekly Assessment, 3-Monthly Assessment, W-O-W:Week On Week, 1M: Change over last month, 3M: Change over last 3 months

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 DAILY STEEL REPORT
Issue 1034, Tuesday, 17 Oct 2023

India steel index ends 10-week rally; market cautious ahead of Oct 16, 2023 09:38

festive days

Flats see slow offtake in trade segment Longs pressured by compared with the week-ago period. The index's ten-week rally
liquidity issues Short term may remain slowMorning Brief: The came to a halt with a decline of 1.2% w-o-w.Both the sister indices
SteelMint Composite Steel Index (CSI) for the week ended October were in the red zone this week, hinting towards a lacklustre
14, 2023 was assessed lower at 148.7 points (150.5) market sentiment. The 0.58% decline i
Continued

Snap Shot - Indian Domestic Prices (INR/MT)

Commodity Particular Size,Grade As on Price Change 1M 3M

Fines/lumps 2 Iron Ore Index 5-18 mm, Fe 63%, DR Grade 14 Oct | 16.54 IST 7,900 - 150 - 150 + 1,100
2
Fines/lumps Iron Ore Index 0-10 mm, Fe 63% 14 Oct | 16.54 IST 5,300 - 100 + 100 + 700
3
Iron Ore NMDC 6-40 mm, Fe 65.5% 01 Oct | 09.58 IST 5,200 + 250 + 250 + 250
3
Iron Ore NMDC 0 -10 mm, Fe 64% 01 Oct | 09.58 IST 4,460 + 250 + 250 + 250
2
Pellets Raipur 6-20 mm, Fe 63%, 13 Oct | 18.26 IST 10,050 - 50 - 300 + 1,150
2
Pellets Bellary 6-20 mm, Fe 63% 13 Oct | 18.26 IST 10,650 - 50 - 650 + 150
25-90 mm, Blast Furnace-
Met Coke 2 Ex-India (East) 11 Oct | 17.31 IST 38,000 0 + 4,000 + 4,250
grade
Graphite Electrode 3 Ex-India 600mm, UHP 04 Sep | 17.01 IST 325,000 0 0 - 40,000
2
Mill Scale FoR-Kandla Fines, Fe 70/68% 14 Oct | 16.27 IST 7,650 - 150 + 200 + 875
1
Hms Ex-Mumbai HMS 16 Oct | 17.11 IST 35,500 0 - 1,300 + 1,700
1
Hms Ex-Alang HMS 16 Oct | 17.11 IST 38,100 + 300 - 1,100 + 1,800
1
Pig Iron Ex-Durgapur Steel Grade 16 Oct | 13.33 IST 38,800 - 200 - 2,500 - 700
1
Pig Iron Ex-Ludhiana, Foundary Foundry Grade 16 Oct | 13.27 IST 44,400 0 - 2,400 - 500
1
Sponge Pellet Ex-Raipur Lumps, FeM 80%, +/-1 16 Oct | 17.23 IST 28,850 - 350 - 2,650 + 2,750
1
Billet Ex-Mumbai 100x100mm, IS 2831 16 Oct | 17.45 IST 45,100 - 300 - 2,000 + 3,100
1
Billet Ex-Raipur 100x100mm, IS 2831 16 Oct | 17.45 IST 42,650 - 250 - 2,600 + 2,300
TMT (Re-Bar) Secondary 12-25mm, IF Route, Fe 500, IS
Ex-Mumbai 16 Oct | 13.33 IST 51,000 0 - 1,100 + 4,700
mills 1 1786
TMT (Re-Bar) Secondary 12-25mm, IF Route, Fe 500, IS
1 Ex-Delhi/NCR 16 Oct | 13.33 IST 48,500 + 100 - 2,700 + 1,200
mills 1786
12-32mm, BF Route , IS 1786
TMT (Re-Bar) 2 Ex-Mumbai 13 Oct | 17.33 IST 58,000 - 100 + 1,000 + 7,000
Fe 500D
1 40x40 Angle, IF Route, IS
Structure Ex-Mumbai 17 Oct | 10.25 IST 52,500 0 - 1,200 + 3,600
2062/2011 E-250 Gr A
5.5 mm, SWRY 14 LC Gr 3,
Wire Rod 1 Ex-Raipur 16 Oct | 17.20 IST 46,300 - 300 - 2,000 + 2,500
Induction route
HRC 2 Ex-Delhi 2.5-8mm, IS2062, Gr E-250 13 Oct | 19.22 IST 59,100 0 + 1,000 + 3,100
2
HRC Ex-Mumbai 2.5-8mm, IS2062, Gr E-250 13 Oct | 19.22 IST 58,400 - 100 + 700 + 2,800
2
CRC Ex-Delhi 0.90mm, IS 513 Gr O 13 Oct | 19.34 IST 64,500 + 100 + 1,200 + 3,300
2
CRC Ex-Mumbai 0.90mm, IS 513 Gr O 13 Oct | 19.34 IST 63,500 - 100 + 1,500 + 4,100
2
HR Plate Ex-Mumbai 5-10mm, Gr E-250 11 Oct | 19.02 IST 59,000 - 100 + 700 + 2,500
2
GP Ex-Mumbai 0.8mm, 120 GSM 12 Oct | 19.06 IST 69,900 - 200 + 1,300 + 2,300
2
Silico Manganese Ex-Raipur 25-150 mm, HC 60-14 16 Oct | 18.58 IST 65,700 - 300 - 3,600 - 420
2
Ferro Manganese Ex-Raipur 25-150 mm, HC 70% 16 Oct | 18.57 IST 67,000 0 - 2,880 - 1,020
2
Ferro Chrome Ex-Jajpur 10-150mm, HC 60%, Si- 4% 13 Oct | 10.06 IST 116,000 - 1,000 + 150 + 18,000
2
Manganese Ore Ex Balaghat, MOIL Lumps, Mn 37%, Fe 7.5% 03 Oct | 12.05 IST 11,981 + 177 NA NA
Ex-Odisha OMC, E-
Chrome Ore 2 Lumps, Friable 48-50% 19 Sep | 11.58 IST 28,759 + 2,545 + 2,545 NA
auction
*Basic Price GST @ 18% extra
1-Daily Assessment, 2-Weekly Assessment, 3-Monthly Assessment, W-O-W: Week On Week, 1M: Change over last month, 3M: Change over last 3 months

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 DAILY STEEL REPORT
| Iron Ore Issue 1034, Tuesday, 17 Oct 2023

Iron Ore (India)

Particular/Delivery Size/Grade Delivery As On Price W-O-W 1M 3M

Indian prices (in INR/MT)

0-10 mm, Fe 63% Ex-mines 14 Oct | 16.54 IST 5,300 - 100 + 100 + 700
10-30mm, Fe 63%, BF Grade Ex-mines 14 Oct | 16.54 IST 7,050 - 150 0 + 850
5-18 mm, Fe 63%, DR Grade Ex-mines 14 Oct | 16.54 IST 7,900 - 150 - 150 + 1,100
Odisha Iron Ore
0-10mm, Fe 60% Ex-mines 14 Oct | 16.54 IST 4,300 - 200 - 250 + 400
Index
10-30 mm, lumps, Fe 60% Ex-mines 14 Oct | 16.54 IST 5,500 0 - 500 + 600
5-18 mm, Lumps, Fe 60% Ex-mines 14 Oct | 16.54 IST 6,500 0 - 100 + 900
0-10mm, Fe 62% Ex-mines 14 Oct | 16.54 IST 5,000 - 100 + 50 + 800
OMC
10-40 mm, Fe 62% Ex-Mines 18 Sep | 12.55 IST 6,300 + 200 + 200 - 300
Gandhamardan
OMC Daitari 0 -5 mm, Fe 62-64% Ex-Mines 18 Sep | 12.55 IST 4,950 + 650 + 650 NA
OMC Kurmitar
0 -5 mm, Fe 62-60% Ex-Mines 18 Sep | 12.55 IST 4,375 + 475 + 475 + 275
(Koira)
OMC
0 -5 mm, Fe 62-60% Ex-Mines 18 Sep | 12.55 IST 4,775 + 675 + 675 + 675
Gandhamardan
OMC Guali Fines -5 mm, Fe 60-62% Ex-mines 18 Sep | 12.55 IST 4,975 + 525 + 525 + 475
5-18 mm, Fe 62% Ex-mines 18 Sep | 12.55 IST 9,500 + 700 + 700 - 200
OMC Jilling
Fines -5 mm, Fe 60-62% Ex-mines 18 Sep | 12.55 IST 5,175 + 675 + 675 + 575
F.O.R
6-40 mm, Fe 65.5% 01 Oct | 09.58 IST 5,200 + 250 + 250 + 250
Siding
F.O.R
0 -10 mm, Fe 64% 01 Oct | 09.58 IST 4,460 + 250 + 250 + 250
Siding
NMDC, Chhattisgarh
F.O.R
10-40 mm, Fe 67%, DR CLO 01 Oct | 09.58 IST 6,520 + 250 + 250 + 250
Siding
F.O.R
10-150 mm, Fe 65.5% 01 Oct | 09.58 IST 5,120 + 250 + 250 + 250
Siding
Fines 0 -5 mm, Fe 60% Ex-Mines 30 Sep | 18.05 IST 3,050 + 450 + 450 + 450
Karnataka e-auction
Lumps 10-20mm, Fe 63% Ex-Mines 30 Sep | 18.05 IST 3,650 + 360 + 360 + 500

Pellets (India)
Indian prices (in INR/MT)
FOR
Ex-Barbil 6-20 mm, Fe 63%, (+/- 0.5%) 13 Oct | 18.26 IST 8,550 0 - 150 + 900
Siding
Ex-Durgapur 6-20 mm, Fe 63%, (+/- 0.5%) Ex-Works 13 Oct | 18.26 IST 8,900 0 - 300 + 600
Ex-Jamshedpur 6-20 mm , Fe 63% Ex-Works 13 Oct | 18.26 IST 9,000 - 200 - 200 + 800
Ex-Jharsugda 6-20 mm, Fe 63%, (+/- 0.5%) Ex-Works 13 Oct | 18.26 IST 9,000 - 100 - 200 + 900
Ex-Raipur 6-20 mm, Fe 63%, (+/- 0.5%) Ex-Works 13 Oct | 18.26 IST 10,050 - 50 - 300 + 1,150
Ex-Kandla 6-20 mm, Fe 64/63% DAP 13 Oct | 18.26 IST 11,800 - 300 - 100 + 1,000
Ex-Bellary 6-20 mm, Fe 63% Ex-Works 13 Oct | 18.26 IST 10,650 - 50 - 650 + 150
Weekly Assessment, GST @ 5% extra., Barbil and Kandla - Prices Loaded to Wagons

Iron Ore (Global)

Global prices (in USD/MT)
CNF China Fines, Fe 61.5% (Australia Origin) - 16 Oct | 10.42 IST $116 0 -8 +3
CNF China Fines, Fe 62% (Australia Origin) - 16 Oct | 10.42 IST $118 0 -8 +3
CNF China Fines, Fe 62.5% (Brazil Origin) - 16 Oct | 12.53 IST $121 0 -8 +7
CNF China Fines, Fines 63/62% (India origin) - 16 Oct | 12.53 IST $109 +1 0 + 11
CNF China Lumps, Fe 64/63% (South Africa Origin) - 16 Oct | 12.53 IST $132 0 -7 +4
CNF China Lumps, USD/dmtu - 16 Oct | 10.42 IST $0.24 - 0.005 + 0.07 + 0.1005
CNF China Fines, Fe 55% (India Origin) - 12 Oct | 18.21 IST $80 +8 +5 + 14
CNF China Fines, Fe 56% (India Origin) - 12 Oct | 18.21 IST $83 +8 +3 + 12
CNF China Fines, Fe 57% (India origin) - 12 Oct | 18.21 IST $86 +8 +1 + 10
CNF India Lumps, Fe 64% (South Africa origin) - 12 Oct | 18.27 IST $135 +5 -3 + 15
FOB India Fines, Fe 57% (India origin) - 12 Oct | 18.54 IST $73 +7 +1 +8
Prices on DMT basis (Daily Assessment) , India- Single Port Loading , FOB prices including demurrage , June to November: Moisture@ 10% , December to May: Moisture@ 8% , Or, actual
moisture as per cargo certificate submitted by shipper to be adjusted

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Pellets (Global)
Global prices (in USD/MT)
6-20 mm, Fe 63% (India Origin) - 11 Oct | 18.21 IST $121 -1 -5 +4
CNF China
6-20 mm, Fe 65% (Brazil Origin) - 11 Oct | 12.49 IST $133 -3 -7 -2
FOB India 6-20 mm, Fe 63% - 11 Oct | 18.22 IST $108 -1 -5 +1
5-20mm, Fe 63% - 12 Oct | 11.10 IST $7.4 - 0.2 + 0.1 + 0.1
CNF China
6-20mm - 12 Oct | 11.10 IST $20.15 - 0.2 + 0.5 + 2.85

Note:- W-O-W: Week On Week, 1M: Change over last month, 3M: Change over last 3 months

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 DAILY STEEL REPORT
| Iron Ore Issue 1034, Tuesday, 17 Oct 2023

India: Villagers and their Goa Foundation seeks

temple deity object to clarity on auction of
mines auctioned in Goa's auctioned iron ores
Bicholim 2023-10-16 | Iron Ore
2023-10-16 | Iron Ore
Read More
Read More

SteelMint Daily Trade Sheet India: Buyers book over

- 14 Oct'23 12,000 t of iron ore in SAIL
2023-10-16 | Iron Ore Barsua's auction
2023-10-16 | Iron Ore
Read More
Read More

India: OMC drops base India: KIOCL floats 50,000 t

prices by up to INR 1,700/t pellet export tender
for upcoming iron ore e- 2023-10-16 | Iron Ore
auction
2023-10-16 | Iron Ore Read More

Read More

India: NMDC hikes iron ore India: Jindal SAW reduces

base prices by around INR pellet offers by INR 200/t
350/t for its Donimalai ($2/t)
auction 2023-10-16 | Iron Ore
2023-10-16 | Iron Ore
Read More
Read More

India: KSMCL to auction India: Buyers book 112,000 t

over 767,000 t of iron ore of iron ore from KSMCL's
from Karnataka auction
2023-10-14 | Iron Ore 2023-10-14 | Iron Ore

Read More Read More

India: OMDC to auction over India: KIOCL restarts pellet

15,000 t of iron ore from plant after 15 days
Odisha 2023-10-14 | Iron Ore
2023-10-14 | Iron Ore
Read More
Read More

China: Iron ore prices rise India: Pellet prices head

amid strong buying south in Bellary, Karnataka
activities 2023-10-13 | Iron Ore
2023-10-14 | Iron Ore
Read More
Read More

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 DAILY STEEL REPORT
| Coal
Issue 1034, Tuesday, 17 Oct 2023

Non Coking (India)

Particular/Delivery Size/Grade Delivery As On Price W-O-W 1M 3M

Indian prices (in INR/MT)

RB2 (5500 NAR), S.Africa Ex-Port 16 Oct | 15.30 IST 11,300 0 + 1,000 + 2,300
Ex-Gangavaram
RB3 (4800 NAR), South Africa Ex-Port 16 Oct | 15.30 IST 9,500 0 + 800 + 2,200

Met Coke (India)

Indian prices (in INR/MT)
Ex-Jajpur 25-90 mm, Blast Furnace-grade Ex-Yard 11 Oct | 17.31 IST 38,000 0 + 4,000 + 4,250
Ex-Gandhidham 25-90 mm, Blast Furnace-grade Ex-Yard 11 Oct | 17.31 IST 37,500 0 + 4,000 + 3,250

Coking (Global)
Global prices (in USD/MT)
0-40mm, HCC 64 Mid Vol, Australia - 16 Oct | 10.45 IST $299 +5 + 23.4 + 83.8
CNF India 0-40mm, Premium HCC, Australia - 16 Oct | 10.45 IST $384 0 + 47.6 + 135
Low Vol PCI, Australia - 16 Oct | 10.45 IST $224 0 + 28.6 + 46.6
0-40mm, Low Vol PCI - 16 Oct | 10.41 IST $208 0 + 29.6 + 42.6
FOB Australia HCC 64 Mid Vol - 16 Oct | 10.41 IST $282 +5 + 23.4 + 78
Premium HCC - 16 Oct | 10.41 IST $367 0 + 47.8 + 130

Non Coking (Global)

Global prices (in USD/MT)
RB1 (6000 NAR), S.Africa - 16 Oct | 12.37 IST $149 +2 + 15.33 + 38.83
CNF India RB2 (5500 NAR), S.Africa - 16 Oct | 12.37 IST $130 +3 + 10.33 + 40.67
RB3 (4800 NAR), S.Africa - 16 Oct | 12.37 IST $115 +1 + 10 + 38.5
RB1 (6000 NAR) - 16 Oct | 12.35 IST $134 +2 + 13.33 + 36.17
FOB South Africa RB2 (5500 NAR) - 16 Oct | 12.35 IST $115 +3 + 8.33 + 38.67
RB3 (4800 NAR) - 16 Oct | 12.35 IST $100 +1 +8 + 36.33

Met Coke (Global)

Global prices (in USD/MT)
FOB China 25-90mm, 64% CSR - 12 Oct | 16.30 IST $335 +7 + 30 + 40
25-90mm, 64% CSR, China - 12 Oct | 16.31 IST $372 +7 + 42 + 61
CNF India
64% CSR, Japan origin - 12 Oct | 16.31 IST $370 0 + 20 + 30

Note:- W-O-W: Week On Week, 1M: Change over last month, 3M: Change over last 3 months

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 DAILY STEEL REPORT
| Scrap & Metallics Issue 1034, Tuesday, 17 Oct 2023

Sponge (India)
Sponge Iron (C-DRI) Pellet Sponge (P-DRI)
Region Particular
Price Change W-O-W 1M Price Change W-O-W 1M

Indian prices (in INR/MT) As on 16 Oct 2023

North India Mandi Gobindgarh 35,000 0 - 600 - 1,500 - - - -

East India Durgapur 30,200 - 300 - 1,200 - 2,900 27,900 - 300 - 1,100 - 2,900
East India Rourkela 30,400 - 200 - 750 - 2,350 - - - -
Central India Raigarh 30,200 - 350 - 1,200 - 2,500 28,250 - 250 - 1,050 - 2,450
Central India Raipur 33,050 - 300 - 1,100 - 2,250 28,850 - 350 - 1,200 - 2,650
South India Bellary 30,000 + 50 - 350 - 1,350 29,000 + 200 - 500 - 1,500
Eastern India Ramgarh 29,900 - 300 - 1,300 - 2,900 27,850 - 250 - 1,150 - 2,850
East India Jharsugda - - - - 27,500 - 700 - 1,200 - 2,700
South India Hyderabad - - - - 29,700 + 200 - 500 - 1,500
All prices are basic, GST extra.

Pig Iron (India)

Particular/Delivery Size/Grade Delivery As On Price W-O-W 1M 3M

Indian prices (in INR/MT)

DAP-Ludhiana Steel Grade DAP 16 Oct | 13.33 IST 41,500 0 - 1,100 - 200
Ex-Bokaro Steel Grade Ex-Plant,Bokaro 12 Oct | 17.32 IST 37,350 - 7,150 - 7,150 - 7,150
Ex-Burnpur Steel Grade Ex-Plant,Burnpur 22 Sep | 16.59 IST 39,700 + 350 + 350 - 200
Ex-Works 16 Oct | 13.33 IST 38,800 - 200 - 2,500 - 700
Ex-Durgapur Steel Grade
Ex-Plant,Durgapur 06 Sep | 13.46 IST 40,750 + 1,300 0 + 850
Ex-Rourkela Steel Grade Ex-Plant,Rourkela 03 Oct | 13.44 IST 38,200 - 1,170 - 1,400 - 400
Ex-Bhilai Steel Grade Ex-Plant,Bhilai 12 Aug | 13.25 IST 39,000 + 900 0 - 600
DAP-Raigarh Steel Grade DAP 16 Oct | 13.33 IST 38,400 - 300 - 1,800 + 400
DAP-Raipur Steel Grade DAP 16 Oct | 13.33 IST 38,800 - 250 - 1,750 + 400
DAP-Hyderabad Steel Grade DAP 16 Oct | 13.33 IST 40,300 0 - 400 + 1,100
DAP-Delhi Foundry Grade DAP 16 Oct | 13.27 IST 45,300 0 - 1,500 + 400
DAP-Ludhiana Foundry Grade DAP 16 Oct | 13.27 IST 44,400 0 - 2,400 - 500
Ex-Durgapur Foundry Grade Ex-Works 16 Oct | 13.27 IST 45,000 0 - 1,000 0
Ex-Kharagpur Foundry Grade Ex-Works 16 Oct | 13.27 IST 45,000 0 - 1,000 0
DAP-Ahmedabad Foundry Grade DAP 16 Oct | 13.27 IST 47,000 0 0 + 800
DAP-Kolhapur Foundry Grade DAP 16 Oct | 13.27 IST 47,200 0 + 200 + 1,700
Indian pig iron price assessment frequency has been increased from weekly to daily basis.

Re - Rolling Scrap (India)

Indian prices (in INR/MT)
HMS(80:20), Ship Breaking Ex-Yard 17 Oct | 10.18 IST 37,700 - 400 - 1,800 + 1,600
Attachment, Ship Breaking Ex-Yard 17 Oct | 10.18 IST 38,700 - 400 - 1,900 + 1,100
1-2 KG, Ship Breaking Ex-Yard 17 Oct | 10.18 IST 38,900 - 400 - 1,900 + 1,100
6-8mm(4 ANE) , Ship Breaking Ex-Yard 16 Oct | 11.01 IST 40,300 + 400 - 2,000 + 1,600
2-5 KG, Ship Breaking Ex-Yard 16 Oct | 11.01 IST 40,900 + 500 - 1,900 + 1,700
Ex-Alang 9-11mm(6 ANE), Ship Breaking Ex-Yard 16 Oct | 11.01 IST 41,300 + 400 - 2,000 + 1,100
5-10 KG, Ship Breaking Ex-Yard 16 Oct | 11.01 IST 41,900 + 500 - 1,900 + 1,200
12-14mm(8 ANE), Ship Breaking Ex-Yard 16 Oct | 11.01 IST 43,400 + 500 - 1,900 + 1,200
15-18mm(10 ANE), Ship Breaking Ex-Yard 16 Oct | 11.37 IST 43,800 + 400 - 2,100 + 800
19-22mm(12 ANE), Ship Breaking Ex-Yard 16 Oct | 11.01 IST 44,000 + 400 - 2,100 + 800
1 Inch, Ship Breaking Ex-Yard 16 Oct | 11.01 IST 44,200 + 400 - 2,100 + 700

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Melting Scrap (India)
Particular/Delivery Size/Grade Delivery As On Price W-O-W 1M 3M

Indian prices (in INR/MT)

End Cutting DAP 16 Oct | 17.11 IST 39,000 - 100 - 2,900 - 600
Turning Boring Scrap DAP 16 Oct | 17.11 IST 36,400 - 200 - 3,100 - 600
Ex-Ludhiana
CI Scrap, Mixed Size DAP 16 Oct | 17.11 IST 40,600 - 200 - 1,400 - 400
CR Busheling (Loose) DAP 16 Oct | 17.11 IST 39,700 0 - 2,400 - 200
HMS(80:20) DAP 16 Oct | 17.11 IST 37,200 0 - 2,400 + 200
LMS (Light Melting Scrap) DAP 16 Oct | 17.11 IST 34,400 0 - 2,400 + 200
Ex-Mandi
End Cutting DAP 16 Oct | 17.11 IST 39,300 + 100 - 2,900 + 400
CR Busheling (Loose) DAP 16 Oct | 17.11 IST 39,900 0 - 3,000 - 100
Ex-Durgapur HMS(80:20) DAP 16 Oct | 17.11 IST 36,700 - 400 - 3,000 - 1,000
HMS(80:20) DAP 16 Oct | 17.11 IST 37,000 - 100 - 1,500 + 1,000
Ex-Raipur
End Cutting DAP 16 Oct | 17.11 IST 39,000 - 100 - 1,500 + 1,000
HMS(80:20) DAP 16 Oct | 17.11 IST 37,500 + 500 - 500 + 2,200
Ex-Ahmedabad
CR Busheling (Bundle) DAP 16 Oct | 17.11 IST 41,300 - 700 - 1,500 NA
Ex-Alang HMS(80:20) Ex-Yard 16 Oct | 17.11 IST 38,100 + 300 - 1,100 + 1,800
HMS(80:20) DAP 16 Oct | 17.11 IST 36,000 0 - 1,600 + 1,300
Ex-Jalna
CR Busheling (Loose) DAP 16 Oct | 17.11 IST 39,000 0 - 1,600 + 1,300
Ex-Mumbai HMS(80:20) DAP 16 Oct | 17.11 IST 35,500 0 - 1,300 + 1,700
HMS(80:20) DAP 16 Oct | 17.11 IST 33,900 - 200 - 2,100 + 2,200
CR Busheling (Bundle) DAP 16 Oct | 17.11 IST 37,500 0 - 800 + 700
Ex-Chennai
Turning Boring Scrap DAP 16 Oct | 17.11 IST 32,900 - 100 - 2,000 + 2,400
HMS(90:10) DAP 16 Oct | 17.11 IST 35,500 - 100 - 1,800 + 2,400
Ex-Coimbatore CI Scrap, Mixed Size DAP 16 Oct | 17.11 IST 40,500 0 - 1,000 - 400
HMS(90:10) DAP 16 Oct | 17.11 IST 35,500 0 0 + 2,000
Ex-Hyderabad
HMS(80:20) DAP 16 Oct | 17.11 IST 34,000 0 0 + 2,000
Ex-Bhilai 9-13 Meters, 60 KG Ex-works 13 Oct | 12.22 IST 43,000 0 + 1,000 + 1,000

Mill Scale (India)

Indian prices (in INR/MT)
Ex Plant, Raipur Fines, Fe 70/68% EXW 14 Oct | 16.27 IST 7,150 + 50 + 450 + 950
Ex-Kandla Fines, Fe 70/68% DAP 14 Oct | 16.27 IST 7,650 - 150 + 200 + 875

Sponge Iron (Global)

Particular/Delivery Size/Grade Delivery As On Price W-O-W 1M 3M

Global prices (in USD/MT)

CNF Bangladesh FeM 80% (+/-1), 100% lumps - 12 Oct | 17.42 IST $428 -2 -7 + 56
Mix (70% lumps, 30% fines), FeM 80% (+/-
CNF Nepal - 12 Oct | 17.42 IST $415 -5 - 11 + 50
1)

Melting Scrap (Global)

Global prices (in USD/MT)
FOB Europe HMS 80:20 (Bulk) - 11 Oct | 18.04 IST $333 -5 -4 +8
HMS 80:20 - 16 Oct | 18.00 IST $332 -1 - 16.6 + 1.25
FOB USA
Shredded - 16 Oct | 18.00 IST $352 -1 - 16.6 + 1.25
H2 (Bulk,Japan origin) - 11 Oct | 18.03 IST $418 -2 -2 + 11.5
HMS 80:20 (Bulk, US Origin) - 11 Oct | 18.03 IST $423 -2 -2 + 25.5
CNF Bangladesh
HMS 80:20 (Containers, Europe Origin) - 16 Oct | 17.49 IST $404 0 - 15.6 - 0.4
Shredded (Containers, UK Origin) - 16 Oct | 17.49 IST $422 0 - 18 - 2.4
H2 - 16 Oct | 13.38 IST $369 0 +2 + 10
CNF China HMS 80:20 (Bulk) - 16 Oct | 13.38 IST $372 0 - 27 - 27
Shredded - 16 Oct | 13.38 IST $405 0 - 14 - 14

Copyright@ 2009-2023 www.steelmint.com info@steelmint.com +91 9770056666 PG | 11

 HMS 80:20 (Europe Origin,Containers) - 16 Oct | 17.49 IST $395 0 - 19.4 + 6.6
HMS 80:20 (West Africa Origin,
- 16 Oct | 17.49 IST $392 0 - 15.6 + 10.4
Containers)
CNF India HMS 80:20 (West Africa
- 16 Oct | 17.49 IST $394 0 - 18.5 +5
Origin,Containers)
Shredded (Europe Origin, Containers) - 16 Oct | 17.49 IST $406 -2 - 23.2 - 0.6
Shredded (US Origin, Containers) - 16 Oct | 17.49 IST $403 -2 - 22 + 0.8
CNF Pakistan Shredded (Containers, Europe Origin) - 16 Oct | 17.49 IST $405 -5 - 28.2 - 5.4
CNF Taiwan HMS 80:20 (US Origin,Containers) - 12 Oct | 18.23 IST $370 -2 -2 + 10
CNF Thailand HMS 70:30 - 16 Oct | 17.49 IST $330 0 0 0
CNF Turkey HMS 80:20 (Bulk, US Origin) - 16 Oct | 17.49 IST $360 -1 - 15.2 + 9.17
H2, (Bulk,Japan origin) - 16 Oct | 17.49 IST $378 -4 -4 -7
CNF Vietnam
HMS 80:20 (Bulk, US Origin) - 16 Oct | 17.49 IST $388 -4 - 10 +3

Pig Iron (Global)

Particular/Delivery Size/Grade Delivery As On Price W-O-W 1M 3M

Global prices (in USD/MT)

FOB Black Sea Steel Grade - 14 Oct | 13.49 IST $345 -5 - 30 + 15
FOB Brazil Steel Grade - 14 Oct | 13.49 IST $403 0 -9 -9
CNF Italy Steel Grade - 14 Oct | 13.51 IST $407 -3 - 27 -3
Weekly Assessment,, *Tender Prices in export

Ship Breaking (Global)

Global prices (in USD/MT)
Containers - 10 Oct | 12.14 IST $520 0 0 - 90
CNF Bangladesh
Tanker - 10 Oct | 12.14 IST $500 0 0 - 90
Containers - 10 Oct | 12.14 IST $580 0 + 25 + 30
CNF India
Tanker - 10 Oct | 12.14 IST $560 0 + 25 + 30
Containers - 10 Oct | 12.14 IST $560 0 -5 + 20
CNF Pakistan
Tanker - 10 Oct | 12.14 IST $540 0 -5 + 20
Containers - 10 Oct | 12.14 IST $320 0 0 - 20
CNF Turkey
Tanker - 10 Oct | 12.14 IST $310 0 0 - 20

Note:- W-O-W: Week On Week, 1M: Change over last month, 3M: Change over last 3 months

Copyright@ 2009-2023 www.steelmint.com info@steelmint.com +91 9770056666 PG | 12

 DAILY STEEL REPORT
| Scrap & Metallics Issue 1034, Tuesday, 17 Oct 2023

Vietnam: Imported ferrous South Asia: Imported

scrap prices fall w-o-w in ferrous scrap offers down
response to weak steel on lack of buying interest
sector sentiments 2023-10-16 | Scrap & Metallics
2023-10-16 | Scrap & Metallics
Read More
Read More

India: SteelMint's scrap India: Sponge iron prices

index inches up by INR fall on limited buying
100/t d-o-d interest - 16 Oct
2023-10-16 | Scrap & Metallics 2023-10-16 | Scrap & Metallics

Read More Read More

India: Imported bulk scrap China: Shagang Steel trims

vessel from US to arrive at ferrous scrap purchase
Kandla port prices by $4/t within a week
2023-10-16 | Scrap & Metallics 2023-10-16 | Scrap & Metallics

Read More Read More

India: Melting scrap prices India: Mill scale prices

in Alang increase by INR largely stable in Raipur;
300/t d-o-d offers fall in Kandla
2023-10-16 | Scrap & Metallics 2023-10-14 | Scrap & Metallics

Read More Read More

India: Melting scrap prices Indian sponge iron export

remain stable in Alang, offers fall by $5/t w-o-w
Gujarat 2023-10-13 | Scrap & Metallics
2023-10-14 | Scrap & Metallics
Read More
Read More

India: Melting scrap prices Indian: Imported Russian

decline by INR 500/t d-o-d pig iron cargo to arrive at
in Alang, Gujarat Paradeep Port
2023-10-13 | Scrap & Metallics 2023-10-12 | Scrap & Metallics

Read More Read More

India: SAIL-BSL pig iron India: Maharashtra-based

auction receives active mill acquires Brazilian
response; bids fall ferrous scrap in recent deal
2023-10-12 | Scrap & Metallics - Correction
2023-10-12 | Scrap & Metallics
Read More
Read More

Copyright@ 2009-2023 www.steelmint.com info@steelmint.com +91 9770056666 PG | 13

 DAILY STEEL REPORT
| Steel
Issue 1034, Tuesday, 17 Oct 2023

Ingot/Billet (India)
INGOT BILLET
Region Particular
Price Change W-O-W 1M Price Change W-O-W 1M

Indian prices (in INR/MT) As on 16 Oct 2023

North India Ghaziabad 44,200 + 200 - 800 - 2,200 - - - -

North India Ludhiana 46,000 - 300 - 1,000 - 2,000 - - - -

North India Mandi Gobindgarh 44,900 - 350 - 1,300 - 2,700 44,900 - 400 - 1,300 - 2,700
North India Muzaffarnagar 44,000 + 200 - 800 - 2,300 - - - -
East India Rourkela 41,000 - 500 - 1,300 - 2,900 41,550 - 450 - 1,300 - 3,150
Central India Raigarh 41,600 - 400 - 800 - 2,500 42,100 - 400 - 800 - 2,600
Central India Raipur 42,300 - 400 - 800 - 2,500 42,650 - 250 - 800 - 2,600
West India Ahmedabad 44,400 - 300 - 1,100 - 2,400 45,500 - 200 - 800 - 2,300
West India Jaipur 43,300 - 200 - 1,300 - 3,300 - - - -
West India Mumbai 44,600 - 300 - 1,200 - 2,100 45,100 - 300 - 1,200 - 2,000
East India Durgapur - - - - 41,800 - 350 - 1,300 - 3,200
East India Kolkata - - - - 42,500 - 350 - 1,300 - 3,300
West India Bhavnagar - - - - 45,000 - 200 - 1,000 - 2,300
West India Goa - - - - 44,500 0 - 1,000 - 2,300
West India Jalna - - - - 44,600 - 100 - 800 - 2,300
South India Chennai - - - - 46,000 0 - 1,000 - 2,000
South India HINDPUR - - - - 45,300 - 200 - 900 - 2,700
South India Hyderabad - - - - 44,500 - 500 - 1,000 - 2,500
Eastern India Ramgarh - - - - 41,750 - 300 - 1,250 - 3,250
All prices are basic, GST @ 18% extra. Ingot - 3.5"*4.5", Commercial Grade, Billet - 100*100

Rebar (India)
PRICE @
Particular/Delivery Size/Grade Delivery As On Price W-O-W 1M 3M
18%GST

Indian prices (in INR/MT)

Exy-Delhi/NCR 12-32mm, BF Route, IS 1786 Fe 500D Ex-Yard 13 Oct | 17.33 IST 57,400 67,700 - 300 + 1,100 + 6,600
Exy-Durgapur 12-32mm BF Route , IS 1786 Fe 500D Ex-Yard 13 Oct | 17.33 IST 55,600 65,600 - 1,000 + 1,500 + 6,100
Exy-Ahmedabad 12-32mm BF Route , IS 1786 Fe 500D Ex-Yard 13 Oct | 17.33 IST 57,300 67,600 0 + 1,300 + 5,800
Exy-Mumbai 12-32mm, BF Route , IS 1786 Fe 500D Ex-Yard 13 Oct | 17.33 IST 58,000 68,400 - 100 + 1,000 + 7,000
Exy-Bangalore 12-32mm, BF Route, IS 1786 Fe 500D Ex-Yard 13 Oct | 17.33 IST 58,000 68,400 - 400 + 1,100 + 6,700
Exy-Chennai 12-32mm, BF Route, IS 1786 Fe 500D Ex-Yard 13 Oct | 17.33 IST 57,100 67,400 0 + 1,000 + 5,600
Exy-Hyderabad 12-32mm, BF Route , IS 1786 Fe 500D Ex-Yard 13 Oct | 17.33 IST 56,900 67,100 - 100 + 1,400 + 6,100

Indian prices (in INR/MT)

Ex-Delhi/NCR 12-25mm, IF Route, Fe 500, IS 1786 Ex-Works 16 Oct | 13.33 IST 48,500 57,200 + 100 - 2,700 + 1,200
Ex-Jaipur 12-25mm IF route, Fe 500, IS 1786 Ex-Works 16 Oct | 13.33 IST 47,700 56,300 - 100 - 3,100 + 1,300
Ex-Mandi
12-25mm, IF Route, Fe 500, IS 1786 Ex-Works 16 Oct | 13.33 IST 49,800 58,800 0 - 2,300 + 1,000
Gobindgarh
Ex-Muzaffarnagar 12-25mm, IF Route, Fe 500, IS 1786 Ex-Works 16 Oct | 17.30 IST 47,300 55,800 - 100 - 2,900 + 700
12-25mm, IF Route, Fe 500, IS 1786 Ex-Works 16 Oct | 17.30 IST 45,200 53,300 0 - 2,900 + 2,200
Ex-Durgapur
12-25mm, IF Route, Fe 500D, IS 1786 Ex-Works 16 Oct | 13.33 IST 47,500 56,100 0 - 2,900 + 2,500
12-25mm, IF Route, Fe 500, IS 1786 Ex-Works 16 Oct | 17.30 IST 46,300 54,600 - 500 - 2,000 + 3,000
Ex-Rourkela
12-25mm, IF Route, Fe 500D, IS 1786 Ex-Works 16 Oct | 13.33 IST 51,800 61,100 0 - 2,000 + 2,000
Ex-Raigarh 12-25mm, IF Route, Fe 500, IS 1786 Ex-Works 16 Oct | 13.33 IST 45,400 53,600 - 300 - 2,100 + 2,700
12-25mm, IF Route, Fe 500, IS 1786 Ex-Works 16 Oct | 17.30 IST 46,200 54,500 - 300 - 1,500 + 3,500
Ex-Raipur
12-25mm, IF Route, Fe 500D, IS 1786 Ex-Works 16 Oct | 13.33 IST 49,000 57,800 0 - 1,500 + 3,500
Ex-Ahmedabad 12-25mm, IF Route, Fe 500, IS 1786 FOR 16 Oct | 13.33 IST 49,900 58,900 0 - 1,900 + 3,200
Ex-Goa 12-25mm, IF Route, Fe 500, IS 1786 Ex-Works 16 Oct | 13.33 IST 51,700 61,000 0 - 1,800 + 3,900
Ex-Jalna 12-25mm, IF Route, Fe 500, IS 1786 Ex-Works 16 Oct | 13.33 IST 51,000 60,200 0 - 800 + 3,700
Ex-Mumbai 12-25mm, IF Route, Fe 500, IS 1786 Ex-Works 16 Oct | 13.33 IST 51,000 60,200 0 - 1,100 + 4,700
12-25mm, IF Route, Fe 500D, IS 1786 Ex-Works 16 Oct | 13.33 IST 55,000 64,900 0 - 1,200 + 4,700
Ex-Bangalore
12-25mm, IF Route, Fe 500, IS 1786 Ex-Works 16 Oct | 13.33 IST 51,700 61,000 - 100 - 1,600 + 4,200

Copyright@ 2009-2023 www.steelmint.com info@steelmint.com +91 9770056666 PG | 14

 Ex-Chennai 12-25mm, IF Route, Fe 500, IS 1786 Ex-Works 16 Oct | 13.33 IST 50,800 59,900 - 200 - 1,000 + 3,000
Ex-Hyderabad 12-25mm, IF Route, Fe 500, IS 1786 Ex-Works 16 Oct | 13.33 IST 50,000 59,000 - 500 - 2,000 + 4,500
Ex-Patna 12-25mm IF route, Fe 500, IS 1786 Ex-Works 16 Oct | 13.33 IST 47,000 55,500 0 - 2,200 + 2,500

Structure (Medium & Small Scale Producers) (India)

75
Region/Zone Particular 40 ANGLE Change 1M Change 1M 200 BEAM Change 1M
CHANNEL

Indian prices (in INR/MT)

North India Ghaziabad - - - - - - 53,600 + 100 - 900
East India Durgapur 48,200 - 300 - 1,800 48,200 - 300 - 1,800 50,450 - 300 - 1,500
Central India Raipur - - - 48,300 - 100 - 1,600 - - -

West India Ahmedabad 50,200 + 200 - 1,500 50,200 + 200 - 1,500 - - -

West India Mumbai 52,500 0 - 1,200 53,300 0 - 1,200 - - -

South India Hyderabad 51,500 0 - 1,800 51,100 0 - 1,800 - - -

Indian Structure price assessment frequency has been increased from weekly to daily basis, All prices are basic,Commercial Grade, Basic Price GST @ 18% extra

Wire Rod (India)

Particular Size/Grade Raipur Change W-O-W Durgapur Change W-O-W

Indian prices (in INR/MT)

SWRY 14 LC Gr 3, Induction route 5.5 mm 46,300 - 300 - 900 45,300 - 200 - 900

HB Wire, Induction route 12 Gauge 48,800 - 300 - 900 47,800 - 200 - 900

GI Wire, Induction route 12 Gauge 53,300 - 200 - 400 55,500 - 200 - 900

Binding Wire, Induction route 20 Gauge 55,000 - 200 - 700 54,500 - 200 - 900

Barbed Wire, Induction route 12*12 Gauge 55,300 - 200 - 400 58,300 - 200 - 900
Daily Assessment,Commercial Grade, Basic Price GST @ 18% extra

HRC (India)
Particular/Delivery Size/Grade Delivery As On Price W-O-W 1M 3M

Indian prices (in INR/MT)

Delhi 2.5-8mm, IS2062, Gr E-250 Ex-stockyard 13 Oct | 19.22 IST 59,100 0 + 1,000 + 3,100
2.5-8mm, IS2062, Gr E-350 Ex-stockyard 13 Oct | 19.22 IST 61,800 0 + 950 + 3,300
Faridabad 1.8mm, IS2062, Gr E-250 Ex-stockyard 13 Oct | 19.22 IST 60,100 0 + 750 + 3,100
2.5-8mm, IS2062, Gr E-250 Ex-stockyard 13 Oct | 19.22 IST 58,600 0 + 750 + 3,100
Ludhiana 2.5-8mm, IS2062, Gr E-250 Ex-stockyard 13 Oct | 19.22 IST 58,100 - 400 + 100 + 2,650
Kolkata 2.5-8mm, IS2062, Gr E-250 Ex-stockyard 13 Oct | 19.22 IST 56,600 + 100 + 900 + 2,800
Ahmedabad 2.5-8mm, IS2062, Gr E-250 Ex-stockyard 13 Oct | 19.22 IST 58,900 - 400 + 1,150 + 2,750
2.5-8mm, IS2062, Gr E-350 Ex-stockyard 13 Oct | 19.22 IST 61,400 - 100 + 700 + 2,800
Mumbai 2.5-8mm, IS2062, Gr E-250 Ex-stockyard 13 Oct | 19.22 IST 58,400 - 100 + 700 + 2,800
1.8mm, IS2062, Gr E-250 Ex-stockyard 13 Oct | 19.22 IST 59,900 - 100 + 700 + 2,800
Bangalore 2.5-8mm, IS2062, Gr E-250 Ex-stockyard 13 Oct | 19.35 IST 59,800 + 700 + 700 + 2,500
2.5-8mm, IS2062, Gr E-250 Ex-stockyard 13 Oct | 19.22 IST 60,200 0 + 900 + 2,850
Chennai
1.8mm, IS2062, Gr E-250 Ex-stockyard 13 Oct | 19.22 IST 61,700 0 + 900 + 2,900
Hyderabad 2.5-8mm, IS2062, Gr E-250 Ex-stockyard 13 Oct | 19.22 IST 59,500 - 300 + 900 + 3,200
Weekly Assessment, Commercial Grade, *Basic Price GST @ 18% extra.,

CRC (India)
Particular/Delivery Size/Grade Delivery As On Price W-O-W 1M 3M

Indian prices (in INR/MT)

Delhi 0.90mm, IS 513 Gr O Ex-stockyard 13 Oct | 19.34 IST 64,500 + 100 + 1,200 + 3,300
0.5mm, IS 513 Gr O Ex-stockyard 13 Oct | 19.34 IST 65,500 0 + 1,250 + 3,200
Faridabad
0.90mm, IS 513 Gr O Ex-stockyard 13 Oct | 19.34 IST 64,000 0 + 1,250 + 3,200
Ludhiana 0.90mm, IS 513 Gr O Ex-stockyard 13 Oct | 19.34 IST 64,300 0 + 1,500 + 3,800
Kolkata 0.90mm, IS 513 Gr O Ex-stockyard 13 Oct | 19.34 IST 61,600 - 400 + 150 + 1,900
Ahmedabad 0.90mm, IS 513 Gr O Ex-stockyard 13 Oct | 19.34 IST 65,100 - 300 + 2,250 + 4,500
0.5mm, IS 513 Gr O Ex-stockyard 13 Oct | 19.34 IST 65,000 - 100 + 1,500 + 4,100
Mumbai
0.90mm, IS 513 Gr O Ex-stockyard 13 Oct | 19.34 IST 63,500 - 100 + 1,500 + 4,100
Bangalore 0.9mm, IS 513 GrO Ex-stockyard 13 Oct | 19.34 IST 64,500 - 300 + 350 + 2,700

Copyright@ 2009-2023 www.steelmint.com info@steelmint.com +91 9770056666 PG | 15

 0.90mm, IS 513 Gr O Ex-stockyard 13 Oct | 19.34 IST 64,800 - 100 + 500 + 2,800
Chennai
0.5mm, IS 513 Gr O Ex-stockyard 13 Oct | 19.34 IST 66,300 - 100 + 500 + 2,800
Hyderabad 0.90mm, IS 513 Gr O Ex-stockyard 13 Oct | 19.34 IST 65,000 + 200 + 1,500 + 3,300
Weekly Assessment, Commercial Grade, *Basic Price GST @ 18% extra.,

HR Plate (India)
Particular/Delivery Size/Grade Delivery As On Price W-O-W 1M 3M

Indian prices (in INR/MT)

20-40mm, Gr E-250 Ex-stockyard 11 Oct | 19.02 IST 63,800 0 + 1,000 + 1,600
5-10mm, Gr E-250 Ex-stockyard 11 Oct | 19.02 IST 59,400 0 + 700 + 2,900
60-100mm, Gr E-250 Ex-stockyard 11 Oct | 19.02 IST 69,200 0 + 1,200 + 2,400
Ex-Delhi
20-40mm, Gr E-350 Ex-stockyard 11 Oct | 19.02 IST 67,200 - 200 + 900 + 1,500
5-10mm, Gr E-350 Ex-stockyard 11 Oct | 19.02 IST 62,800 - 100 + 600 + 2,800
60-100mm, Gr E-350 Ex-stockyard 11 Oct | 19.02 IST 72,700 0 + 1,200 + 2,400
20-40mm, Gr E-250 Ex-stockyard 11 Oct | 19.02 IST 65,100 - 100 + 700 + 2,900
5-10mm, Gr E-250 Ex-stockyard 11 Oct | 19.02 IST 59,000 - 100 + 700 + 2,500
60-100mm, Gr E-250 Ex-stockyard 11 Oct | 19.02 IST 70,000 - 400 + 800 + 3,100
Ex-Mumbai
20-40mm, Gr E-350 Ex-stockyard 11 Oct | 19.02 IST 68,300 - 400 + 500 + 2,300
5-10mm, Gr E-350 Ex-stockyard 11 Oct | 19.02 IST 62,600 0 + 800 + 2,500
60-100mm, Gr E-350 Ex-stockyard 11 Oct | 19.02 IST 73,500 - 700 + 1,100 + 3,200
Weekly Assessment, Commercial Grade, Basic Price GST @ 18% extra

GP (India)
Indian prices (in INR/MT)
0.7mm, 120 GSM Ex-stockyard 12 Oct | 19.08 IST 70,300 - 100 + 1,300 + 1,800
Ex-Delhi
0.6mm, 120 GSM Ex-stockyard 12 Oct | 19.08 IST 71,800 - 100 + 1,300 + 1,900
0.8mm, 120 GSM Ex-stockyard 12 Oct | 19.06 IST 69,900 - 200 + 1,300 + 2,300
Ex-Mumbai
0.6mm, 120 GSM Ex-stockyard 12 Oct | 19.06 IST 71,400 - 200 + 1,400 + 2,300
0.8-1.6mm, 120 GSM Ex-stockyard 12 Oct | 19.06 IST 74,400 - 500 + 100 + 2,700
Ex-Chennai
0.6mm, 120 GSM Ex-stockyard 12 Oct | 19.06 IST 75,900 - 500 + 100 + 2,700
0.8mm, 120 GSM Ex-stockyard 12 Oct | 19.06 IST 72,700 - 300 + 2,200 + 3,700
Ex-Hyderabad
0.6mm, 120 GSM Ex-stockyard 12 Oct | 19.06 IST 74,200 - 300 + 2,200 + 3,700

PPGI (India)
Particular/Delivery Size/Grade Delivery As On Price W-O-W 1M 3M

Indian prices (in INR/MT)

Ex-Delhi 0.5mm, 90 GSM Ex-stockyard 12 Oct | 18.50 IST 80,000 - 800 + 300 + 600
Ex-Mumbai 0.5mm, 90 GSM Ex-stockyard 12 Oct | 18.50 IST 79,300 - 500 + 200 + 500

MS Pipes (India)
Indian prices (in INR/MT)
Ex-Raipur 41-60 OD (Patra Based) Ex-works 16 Oct | 16.27 IST 47,300 - 100 - 2,400 + 1,800
Ex-Mandi
41-60 OD (Patra Based) Ex-works 16 Oct | 16.27 IST 48,200 - 200 - 2,800 - 300
Gobindgarh
Exy-Delhi 2.2-6mm, IS 1239,IS 1161 (HR Coil Based) Ex-Yard 11 Oct | 17.33 IST 64,500 0 + 1,000 + 3,000
Exy-Raipur 2.2-6mm, IS 1239,IS 1161 (HR Coil Based) Ex-Yard 11 Oct | 17.33 IST 63,500 0 + 1,000 + 2,500
Exy-Pune 2.2-6mm, IS 1239,IS 1161 (HR Coil Based) Ex-Yard 11 Oct | 17.33 IST 64,000 0 + 1,000 + 3,000
Exy-Bangalore 2.2-6mm, IS 1239,IS 1161 (HR Coil Based) Ex-Yard 11 Oct | 17.33 IST 64,500 0 + 2,000 + 3,500
Exy-Hyderabad 2.2-6mm, IS 1239,IS 1161 (HR Coil Based) Ex-Yard 11 Oct | 17.33 IST 64,500 0 + 2,000 + 4,000

Billet (Global)
Particular/Delivery Size/Grade Delivery As On Price W-O-W 1M 3M

Global prices (in USD/MT)

FOB India 150*150, 3SP/4SP - 13 Oct | 18.19 IST $490 0 0 - 10
FOB Iran 130*130, 3SP - 13 Oct | 18.19 IST $475 0 +2 -3
FOB Russia 130*130, 3SP - 13 Oct | 18.19 IST $490 0 + 10 + 35
CNF Nepal 100*100, IS 2831 (IF Grade) - 13 Oct | 18.17 IST $528 - 11 - 32.5 + 1.5
CNF Philippines 150*150, 3SP - 13 Oct | 18.17 IST $515 -4 +5 -4
CNF Turkey 120*120 - 13 Oct | 18.17 IST $505 0 0 + 25

Copyright@ 2009-2023 www.steelmint.com info@steelmint.com +91 9770056666 PG | 16

Weekly Assessment

Rebar (Global)
Particular/Delivery Size/Grade Delivery As On Price W-O-W 1M 3M

Global prices (in USD/MT)

FOB Turkey 12-32mm, Commercial - 13 Oct | 12.48 IST $568 -2 -2 - 12

Wire Rod (Global)

Particular/Delivery Size/Grade Delivery As On Price W-O-W 1M 3M

Global prices (in USD/MT)

5.5-6.0mm, Commercial Grade - 14 Oct | 13.32 IST $570 - 20 - 35 + 10
CNF Nepal
6-8 mm, ASTM A510 SAE 1008 - 14 Oct | 13.32 IST $640 + 12 + 25 + 57

HRC (Global)
Particular/Delivery Size/Grade Delivery As On Price W-O-W 1M 3M

Global prices (in USD/MT)

CNF Bangladesh 2mm, SAE 1006 (China origin) - 10 Oct | 18.43 IST $580 - 20 - 25 - 20
CNF Dubai 2mm, SAE1006 (India origin), SAE1006 - 19 Sep | 18.31 IST $620 0 0 + 10
3-4mm, S235JR - 10 Oct | 18.43 IST $600 - 20 - 25 - 50
CNF Europe
3mm+, S275 - 26 Sep | 18.41 IST $685 -5 -5 + 15
2-12 mm, SS400 (China Origin) - 10 Oct | 18.43 IST $565 - 20 - 10 - 45
3mm, SS400 (South Korea Origin) - 10 Oct | 18.43 IST $640 0 0 0
7.14 mm - 12 mm, X60 API (China Origin) - 12 Jan | 18.25 IST $760 -5 NA NA

CNF India 7.14 mm - 12 mm, X60 API (South Korea

- 20 Oct | 16.51 IST $810 - 25 NA NA
Origin)
7.14 mm - 12 mm, X70 API (China Origin) - 12 Jan | 18.25 IST $780 -5 NA NA
7.14 mm - 12 mm, X70 API (South Korea
- 20 Oct | 16.51 IST $830 - 25 NA NA
Origin)
CNF Nepal 2mm, SAE1006 (India origin), SAE1006 - 10 Oct | 18.43 IST $675 0 + 15 + 35
2mm, SS400 (China origin), SS400 - 10 Oct | 18.43 IST $540 - 10 - 20 - 30
CNF Pakistan
2mm, SS400 (Japan origin), SS400 - 03 Oct | 18.41 IST $580 0 0 NA
CNF UAE 2mm, SAE1006 (China Origin) - 10 Oct | 18.43 IST $580 -8 0 - 25
2 mm, SAE 1006 (Formosa, skin pass) - 18 Sep | 17.50 IST $595 - 15 NA NA

2-20mm, SAE 1006 (India Origin) - 11 Jul | 18.48 IST $580 - 78 NA NA

CNF Vietnam
2-3mm, SAE 1006 (China Origin) - 10 Oct | 18.43 IST $555 - 10 - 15 - 20
Thickness - 2-6 mm, Width - 1.1-1.3m - 03 Oct | 16.41 IST $572 - 17 NA NA
FOB Black Sea 3mm, SAE1006 - 10 Oct | 18.41 IST $570 0 0 - 15
FOB China 3-12mm, SS400 - 10 Oct | 18.41 IST $530 - 20 - 25 - 25
FOB India 2.5 mm, SAE1006 - 19 Sep | 18.28 IST $580 0 0 + 10
FOB Japan 2mm, SS400 - 10 Oct | 18.41 IST $580 0 0 + 10
FOB South Korea 1.6-2.5mm, SAE 1006 - 10 Oct | 18.41 IST $600 0 0 0

CRC (Global)
Particular/Delivery Size/Grade Delivery As On Price W-O-W 1M 3M

Global prices (in USD/MT)

FOB China 0.90mm, SPCC - 11 Oct | 18.22 IST $615 - 15 - 15 - 15
FOB India 0.9 mm, IS 513 Gr.O - 20 Sep | 18.29 IST $695 - 15 - 15 -5
FOB Russia 0.90mm, SPCC - 11 Oct | 18.22 IST $655 0 0 - 25

HR Plate (Global)
Particular/Delivery Size/Grade Delivery As On Price W-O-W 1M 3M

Global prices (in USD/MT)

Copyright@ 2009-2023 www.steelmint.com info@steelmint.com +91 9770056666 PG | 17

 12 metres, API 5L X60 PSL2 (China Origin) - 12 Jan | 18.29 IST $860 - 40 NA NA

12 metres, API 5L X60 PSL2 (Japan Origin) - 19 May | 17.43 IST $1,540 0 NA NA
12 metres, API 5L X60 PSL2 (South Korea
- 22 Sep | 16.48 IST $1,125 0 NA NA
Origin)
CNF India
12 metres, API 5L X70 PSL2 (China Origin) - 12 Jan | 18.29 IST $880 - 40 NA NA

12 metres, API 5L X70 PSL2 (Japan Origin) - 19 May | 17.43 IST $1,560 0 NA NA
12 metres, API 5L X70 PSL2 (South Korea
- 22 Sep | 16.48 IST $1,150 0 NA NA
Origin)
FOB China 5-10mm, SS 400 - 11 Oct | 18.31 IST $560 - 15 - 20 - 30

GP (Global)
Global prices (in USD/MT)
DX51D+z80, Width 1,000-1,500 mm,
FOB China - 12 Oct | 18.18 IST $670 - 20 - 30 - 35
thickness 0.5-2mm
Width 900-1250mm, thickness 0.50mm,
FOB India - 21 Sep | 18.27 IST $810 - 25 - 25 - 20
DX51D+z80, BS EN 10142:2000

Note:- W-O-W: Week On Week, 1M: Change over last month, 3M: Change over last 3 months

Copyright@ 2009-2023 www.steelmint.com info@steelmint.com +91 9770056666 PG | 18

 DAILY STEEL REPORT
| Steel
Issue 1034, Tuesday, 17 Oct 2023

India: SteelMint's billet Indian DRI, billet and rebar

index decreases by INR update - 16 Oct
250/t despite improved 2023-10-16 | Semi Finished
buying - 16 Oct
2023-10-16 | Semi Finished Read More

Read More

India's Brand-wise Rebar Japan: Tokyo Steel keeps

Offers from BF and IF route prices unchanged for
mills - 16 Oct Nov'23 deliveries
2023-10-16 | Finish long 2023-10-16 | Finish Flat

Read More Read More

China: Mills' steel stocks China's blast-furnace

increase marginally w-o-w capacity use drops further
2023-10-16 | Finish Flat to 91.93%
2023-10-16 | Finish Flat
Read More
Read More

India steel index ends 10- Iran: Domestic billet prices

week rally; market cautious fall, rebar prices remain
ahead of festive days stable
2023-10-16 | Finish Flat 2023-10-16 | Steel

Read More Read More

China: Steel billet prices rise India: ERW pipe prices drop
by RMB 10/t ($1/t) by up to INR 200/t d-o-d
2023-10-16 | Steel 2023-10-16 | Steel

Read More Read More

India: KPIL receives new India: HR strip prices rise d-

orders worth INR 2,217 o-d in Raipur
crores 2023-10-14 | Steel
2023-10-16 | Steel
Read More
Read More

India: ERW pipe prices rise Iran: Steel consumption

d-o-d in key markets edge up 5% y-o-y in H1 of
2023-10-14 | Steel current Persian year
2023-10-14 | Steel
Read More
Read More

Copyright@ 2009-2023 www.steelmint.com info@steelmint.com +91 9770056666 PG | 19

 DAILY STEEL REPORT
| Ferro Alloy Issue 1034, Tuesday, 17 Oct 2023

Manganese Ore (India)

Particular/Delivery Size/Grade Delivery As On Price W-O-W 1M 3M

Indian prices (in INR/MT)

Lumps, Mn 37%, Fe 7.5% Ex-Mines 03 Oct | 12.05 IST 11,981 + 177 NA NA

Lumps, Lumps, Mn 44%, Fe 7% Ex-Mines 03 Oct | 12.05 IST 15,741 - 288 NA NA

MOIL
6-80 mm, Lumps, Mn 46% Ex-Mines 03 Oct | 12.05 IST 16,455 - 302 NA NA

6-80 mm, Lumps, Mn 30% Ex-Mines 03 Oct | 12.05 IST 6,503 + 96 NA NA

Weekly Assessment, Prices Ex-Mines Basis Including Royalty

Chrome Ore (India)

Indian prices (in INR/MT)
Lumps, Friable 48-50% Ex-Mines 19 Sep | 11.58 IST 28,759 + 2,545 + 2,545 NA

Ex-Jajpur (OMC- Friable 50-52% Ex-Mines 19 Sep | 11.58 IST 28,969 + 4,692 + 4,692 NA
eAuction) Friable 52-54% Ex-Mines 19 Sep | 11.58 IST 32,108 + 3,768 + 3,768 NA

Friable 54%+ Ex-Mines 19 Sep | 11.58 IST 35,247 + 4,644 + 4,644 NA

OMC E-Auction Prices Including Royalty

Silico Manganese (India)

Indian prices (in INR/MT)
25-150 mm, HC 60-14 Ex-Works 16 Oct | 18.58 IST 64,500 - 500 - 3,740 - 900
10-150 mm, LC (Mn 55% min.) Ex-Works 12 Oct | 10.18 IST 90,000 0 0 + 8,250
Ex-Durgapur
10-150 mm, MC (Mn 53% min.) Ex-Works 12 Oct | 10.18 IST 85,000 0 0 + 7,750
10-50 MM, HC 60-14 Ex-Works 16 Oct | 18.58 IST 65,000 - 500 - 3,740 - 950
Ex-Raipur 25-150 mm, HC 60-14 Ex-Works 16 Oct | 18.58 IST 65,700 - 300 - 3,600 - 420
Ex-Vizag 25-150 mm, HC 60-14 Ex-Works 16 Oct | 18.58 IST 66,100 - 200 - 3,600 - 1,080
Weekly Assessment; All Prices are basic; GST @ 18% extra

Ferro Manganese (India)

Indian prices (in INR/MT)
25-150 mm, HC 70% Ex-Works 16 Oct | 18.57 IST 66,500 0 - 2,360 - 980
Ex-Durgapur
10-150 mm, MC ( Mn 70% min) Ex-Works 12 Oct | 10.21 IST 92,500 - 1,500 - 2,000 - 5,000
Ex-Raipur 25-150 mm, HC 70% Ex-Works 16 Oct | 18.57 IST 67,000 0 - 2,880 - 1,020
Weekly Assessment; All Prices are basic; GST @ 18% extra

Ferro Chrome (India)

Indian prices (in INR/MT)
10-150mm, HC 60%, Si- 4% Ex-Works 13 Oct | 10.06 IST 116,000 - 1,000 + 150 + 18,000
Ex-Jajpur
10-150mm, HC 60%, Si - 2% Ex-Works 12 Oct | 10.12 IST 125,500 - 5,500 + 1,000 + 17,500
Weekly Assessment; All Prices are basic; GST @ 18% extra

Ferro Silicon (India)

Indian prices (in INR/MT)
Ex-Guwahati 25-150 mm, FeSi 70% Ex-Works 13 Oct | 10.08 IST 104,100 - 400 - 900 - 3,100
Ex-Bhutan 25-150 mm, FeSi 70% Ex-Works 13 Oct | 10.08 IST 103,800 - 200 - 1,500 - 3,900
Weekly Assessment; All Prices are basic; GST @ 18% extra

Copyright@ 2009-2023 www.steelmint.com info@steelmint.com +91 9770056666 PG | 20

Manganese Ore (Global)
Particular/Delivery Size/Grade Delivery As On Price W-O-W 1M 3M

Global prices (in USD/MT)

Lumps, Mn 37% (USD/dmtu) - 14 Oct | 15.08 IST $3.6 /dmtu 0 + 0.05 0
CNF China
Lumps, Mn 44% (USD/dmtu) - 14 Oct | 15.08 IST $4.36 /dmtu 0 + 0.06 - 0.14
Lumps, Mn 37%, (South African origin)
- 14 Oct | 15.08 IST $3.75 /dmtu 0 + 0.05 0
(USD/dmtu)
CNF India
Lumps, Mn 44% (USD/dmtu) - 14 Oct | 15.08 IST $4.45 /dmtu 0 0 - 0.15
Lumps, Mn 46%, (USD/dmtu) - 14 Oct | 15.08 IST $4.75 /dmtu 0 0 - 0.2
Weekly Assessment

Chrome Ore (Global)

Global prices (in USD/MT)
Conc 40-42%, S. Africa - 10 Oct | 18.52 IST $300 0 +5 + 20
CNF China
Conc 46-48%, Turkish - 10 Oct | 18.52 IST $400 0 +5 + 40
Weekly Assessment

Silico Manganese (Global)

Global prices (in USD/MT)
25-150 mm, HC 60-14 - 16 Oct | 18.59 IST $800 -9 - 41.2 - 8.8
FOB India
25-150 mm, HC 65-16 - 16 Oct | 18.59 IST $887 -9 - 50.4 + 17.4
Weekly Assessment

Ferro Manganese (Global)

Global prices (in USD/MT)
25-150 mm, HC 70% - 16 Oct | 19.02 IST $800 - 15 - 36 - 30
FOB India
25-150 mm, HC 75% - 16 Oct | 19.02 IST $882 - 10 - 49.4 + 12
Weekly Assessment

Ferro Chrome (Global)

Global prices (in USD/MT)
CNF China 10-150mm, HC 60% (cents/lb) - 11 Oct | 10.25 IST ¢103 /lb 0 +1 +9
CNF Japan 10-50mm, HC 60% (cents/lb) - 11 Oct | 10.25 IST ¢110 /lb 0 +1 +6
CNF South Korea 10-50mm, HC 60% (cents/lb) - 11 Oct | 10.25 IST ¢109 /lb 0 +1 +6
Weekly Assessment

Ferro Silicon (Global)

Global prices (in USD/MT)
FOB China 10-50 mm, FeSi 75% - 13 Oct | 10.23 IST $1,255 - 90 - 90 - 80
FOB India 10-50 mm, FeSi 70% - 13 Oct | 10.23 IST $1,310 + 10 + 10 - 115
Weekly Assessment

India: Silico manganese China's silico manganese

export prices steady as market dips down amid
buyers delay bulk bookings weak demand
2023-10-16 | Ferro Alloy 2023-10-16 | Ferro Alloy
Read More Read More

Copyright@ 2009-2023 www.steelmint.com info@steelmint.com +91 9770056666 PG | 21

 DAILY STEEL REPORT
| Non Ferrous Issue 1034, Tuesday, 17 Oct 2023

Aluminium (India)
Particular/Delivery Size/Grade Delivery As On Price W-O-W 1M 3M

Indian prices (in INR/MT)

Aluminium Tense
Solid (Loose) Ex-Yard 16 Oct | 17.04 IST 156,000 0 0 + 2,000
Scrap, Exy-Delhi
Aluminium Taint
Tabor Scrap, Exy- Loose Ex-Yard 16 Oct | 17.04 IST 158,000 0 - 500 - 1,000
Delhi
Aluminium Utensil
Loose Ex-Yard 16 Oct | 17.04 IST 173,000 0 0 + 3,000
Scrap, Exy-Delhi
Aluminium
Extrusion Scrap, 6063 & 6061 (Mix) Ex-Yard 16 Oct | 17.04 IST 175,000 0 - 1,000 + 4,000
Exy-Delhi
Aluminium Ingot
ADC12, Exw-Delhi Automobile Equivalent Ex-Works 11 Oct | 17.32 IST 186,000 - 2,000 - 4,000 + 500
NCR
Aluminium Ingot Exw-Delhi
Automobile OEM Approved 11 Oct | 17.32 IST 195,000 0 NA NA
ADC12, Exw-Delhi NCR
Aluminium Ingot
Ingot EC Grade 99.70% Ex-Yard 16 Oct | 17.04 IST 218,000 - 1,000 + 2,000 + 5,500
P1020, Exy-Delhi
Aluminium Utensil
Utensil (Loose) DAP 16 Oct | 17.04 IST 169,000 - 1,000 - 3,000 - 1,000
Scrap, Exy-Mumbai
Aluminium
Extrusion Scrap, 6063 (Loose) Ex-Yard 16 Oct | 17.04 IST 182,000 0 - 2,000 0
Exy-Mumbai
Aluminium Ingot
Ingot EC Grade 99.70% Ex-Yard 16 Oct | 17.04 IST 208,000 - 1,000 0 + 6,000
P1020, Exy-Mumbai

Aluminium (Global)
Particular/Delivery Size/Grade Delivery As On Price W-O-W 1M 3M

Global prices (in USD/MT)

Aluminium
Extrusion Scrap, CFR
6063 (Briquetted) - 10 Oct | 17.35 IST $2,090 - 40 - 60 - 35
Nhava Sheva, Middle
East
Aluminium Taint
Tabor Scrap, CFR
Briquetted - 10 Oct | 17.35 IST $1,870 0 - 10 - 70
Nhava Sheva, Middle
East
Aluminium Talk
Scrap, CFR Nhava Solid (Clean) - 10 Oct | 17.35 IST $4,055 0 - 255 - 335
Sheva, Middle East
Aluminium Talk,
CFR Nahva Sheva, Solid (Clean) - 10 Oct | 17.35 IST $4,220 - 10 - 230 - 305
US
Aluminium Tense
Scrap, CFR Nhava Attachments 5-6%, Mix - 10 Oct | 17.35 IST $1,585 - 15 - 15 + 25
Sheva, Middle East
Aluminium Tense,
CFR Nahva Sheva, Solid (Loose) - 10 Oct | 17.35 IST $1,640 - 20 - 20 - 20
US
Aluminium Wheel
Scrap, CFR Nahva Solid (Loose) - 10 Oct | 17.35 IST $2,220 - 60 + 10 - 80
Sheva, UK
Aluminium Zorba
95-5, CFR Nhava 20 mm, Solid (Shredded) - 10 Oct | 17.35 IST $1,840 - 30 -5 + 110
Sheva, UK
Silicon Metal, CFR
Grade 553 Si- 98.5% - 10 Oct | 17.35 IST $2,125 + 10 + 85 + 265
Mundra, China
Taint Tabor, CFR
Cut and sheared 9-10% attachment - 10 Oct | 19.17 IST $1,560 - 15 - 80 0
Nahva Sheva, UK
Taint Tabor, CFR
HRB 3% - 10 Oct | 17.35 IST $1,670 - 40 - 45 - 10
Nahva Sheva, US

Copyright@ 2009-2023 www.steelmint.com info@steelmint.com +91 9770056666 PG | 22

Copper (India)
Particular/Delivery Size/Grade Delivery As On Price W-O-W 1M 3M

Indian prices (in INR/MT)

Copper Armature
Cu 99% Ex-Yard 16 Oct | 16.51 IST 652,000 0 - 15,000 - 32,800
Scrap, Exy-Delhi
Copper Primary CC
Wire Rods, Exw- 8 mm, Cu 99.99% Ex-works 16 Oct | 16.51 IST 710,000 - 2,000 - 30,800 - 39,000
Delhi
Copper Secondary
CC Wire Rods, Exw- 8 mm, Cu 99% min Ex-works 16 Oct | 16.51 IST 688,000 - 2,000 - 16,000 - 39,000
Delhi
Brass Honey Scrap,
Cu 63% Zn 33% DAP 16 Oct | 16.51 IST 461,000 - 1,000 - 16,750 - 31,200
Exy-Mumbai
Copper Armature
Cu - 98% DAP 16 Oct | 16.51 IST 674,000 - 3,000 - 18,500 - 30,600
Scrap, Exy-Mumbai
Copper Primary CC
Wire Rods (CCR), 8 mm, Cu 99.99% Ex-Yard 16 Oct | 16.51 IST 716,000 - 7,000 - 33,250 - 46,000
Exy-Mumbai

Zinc (India)
Particular/Delivery Size/Grade Delivery As On Price W-O-W 1M 3M

Indian prices (in INR/MT)

Zinc Special High
Grade Ingot, Exw- Ingot, Zn 99.99% Ex-works 16 Oct | 16.38 IST 227,000 - 1,000 - 1,600 + 3,200
Delhi
Zinc Special High
Grade Ingot, Exy- Ingot, Zn 99.995% Ex-Yard 16 Oct | 16.38 IST 222,000 - 1,000 - 3,750 + 3,400
Mumbai

Lead (India)
Particular/Delivery Size/Grade Delivery As On Price W-O-W 1M 3M

Indian prices (in INR/MT)

Lead Primary Ingot,
Ingot, Pb 99.99% Ex-works 16 Oct | 16.40 IST 197,000 - 500 - 6,000 - 1,000
Exw-Delhi
Lead Remelted
Ingot, Pb 99% Ex-works 16 Oct | 16.40 IST 183,000 0 - 3,000 + 4,800
Ingot, Exw-Delhi
Lead Primary Ingot,
Ingot, Pb 99.99% Ex-Yard 16 Oct | 16.40 IST 189,000 + 1,000 - 1,500 + 4,000
Exy-Mumbai

Non-ferrous metals' prices India: Copper prices remain

on LME move southward almost firm amid low
2023-10-16 | Non Ferrous demand
Read More 2023-10-16 19:04:48 | Steel
Read More

India: Aluminium scrap China's Xinran aluminium

prices remain stable project starts production
2023-10-16 17:44:26 | Steel 2023-10-16 15:38:34 | Steel
Read More Read More

Copyright@ 2009-2023 www.steelmint.com info@steelmint.com +91 9770056666 PG | 23

 DAILY STEEL REPORT
Issue 1034, Tuesday, 17 Oct 2023

India: SteelMint's billet index decreases by INR 250/t despite improved buying
- 16 Oct

16 Oct 2023

T2 and given a weightage of the balance 50%.

SteelMint's billet index fell by INR 250/tonne (t) on 16 October, 2023 to
INR 43,650/t exw-Raipur.
● Transactions (T1) - Three trades at INR 42,500-42,700/t were recorded
during 2:30 pm to 5:30 pm as per SteelMint trading window and
The billet index declined due to weak sentiments in the semi-finished
considered for final price calculation as T1 inputs. The average of these
steel segment, while buying activity increased somewhat today due to
transactions was INR 42,627/t which is given a 50% weightage in the
reduced spot market prices. As a result, daily trading volumes increased
final price calculation.
considerably. On the other hand, buying activity in sponge iron ● Other price indicators - bids/offers/indicative (T2) - Ten offers were
remained modest because sufficient bookings had already been made.
reported in the trading window and considered as T2 inputs. The
Approximately 1,500 t of billet deals were concluded today compared to average price of these ten was INR 42,643/t and given a 50%
700 t on 14 October. weightage in the final price calculation.

Today's rebar and wire rod prices in Raipur declined by INR 300/t, while The final price for billet exw Raipur was at INR 42,635/t exw, rounded to
sponge iron prices fell by INR 350/t d-o-d. INR 42,650/t exw.

Around 750 t of wire rod and 1,400 t of rebar transactions were

From SteelMint Team - While it would be our earnest endeavour, at
concluded in Raipur today.
SteelMint, to bring about transparent and unbiased price index
The spread between sponge iron (PDRI) and billets of the standalone reporting, we would request all our readers and subscribers for their
furnaces in Raipur was recorded at INR 13,800/t. feedback and if they could participate in the reporting of more
transactions.
Rationale -
For detailed methodology - click here
This index has been derived based on transactions, offers, bids and
indicative price data sets. Transactions are considered as T1 and given a
weightage of 50% whereas other data sets are considered as

Copyright@ 2009-2023 www.steelmint.com info@steelmint.com +91 9770056666 PG | 24

 DAILY STEEL REPORT
Issue 1034, Tuesday, 17 Oct 2023

Global Prices - Region Wise

Commodity Particular Grade/Size Price Change W-O-W 1M 3M

China
Export
Billet FOB China 125*125, BF Grade NA NA NA NA NA

TMT (Re-Bar) FOB China Commerical NA NA NA NA NA

Wire Rod FOB China 5.5mm NA NA NA NA NA

HRC FOB China 2.5mm $530 - 20 - 20 - 25 - 25

CRC FOB China 0.90 mm $615 - 15 - 15 - 15 - 15

Import
Iron Ore CNF China Lumps Fe 64/63%, South Africa $132 0 0 -7 +4

Iron Ore CNF China Fines Fe 62%, Australia $118 0 -1 -8 +3

Pellets CNF China 6-20mm, BF Grade $133 -3 NA -7 -2

Coking Coal CNF China Premium HCC, Australia NA NA NA NA NA

Mill Scale CNF China 70/68% NA NA NA NA NA

FeCr CNF China HC 60% ¢103/lb 0 0 +1 +9

Mn Ore CNF China Mn 46% Lumps, Australia NA NA NA NA NA

Mn Ore CNF China Mn 38%, South Africa NA NA NA NA NA

CIS Nations
Export
Billet FOB Black Sea 125*125, BF Grade $490 0 0 + 10 + 35

Slabs FOB Black Sea Commercial NA NA NA NA NA

Pig Iron FOB Black Sea Steel Grade $345 -5 -5 - 30 + 15

TMT (Re-Bar) FOB Black Sea Commercial NA NA NA NA NA

HRC FOB Black Sea 2.5mm $570 0 0 0 - 15

CRC FOB Black Sea 0.90mm $655 0 0 0 - 25

Japan/Korea
Export
HRC FOB Korea 2.5mm $600 0 0 0 0

Import
FeCr CNF Japan HC 60% ¢110/lb 0 0 +1 +6

Note:- W-O-W: Week On Week, 1M: Change over last month, 3M: Change over last 3 months, All prices are weekly assessment, Iron Ore are daily assessment

Copyright@ 2009-2023 www.steelmint.com info@steelmint.com +91 9770056666 PG | 25

 DAILY STEEL REPORT
Issue 1034, Tuesday, 17 Oct 2023

Commodity Particular Grade/Size Price Change W-O-W 1M 3M

India
Export
Iron Ore FOB India Fines, Fe 58/57% $73 +7 +7 +1 +8

Billet FOB India 150*150mm $490 0 0 0 - 10

Pig Iron FOB India Steel Grade NA NA NA NA NA

HRC FOB India 2.5mm $580 0 NA 0 + 10

CRC FOB India 0.9mm $695 - 15 NA - 15 -5

SiMn FOB India 60/14% $800 -9 - 10.4 - 41.2 - 8.8

FeMn FOB India HC 75% $882 - 10 - 8.6 - 49.4 + 12

FeSi FOB Bhutan 70-75% $1,310 + 10 + 10 + 10 - 115

Import
Iron Ore CNF India Lumps Fe 64%, South Africa NA NA NA NA NA

Scrap CNF India HMS 1&2 ,Middle East NA NA NA NA NA

Scrap CNF India Shredded, Europe $406 -2 - 8.2 - 23.2 - 0.6

Coking Coal CNF India Premium HCC, Australia $384 0 + 11.2 + 47.6 + 135

Non-Coking Coal CNF India RB2 5500 NAR, South Africa NA NA NA NA NA

Met Coke CNF India 62%, China NA NA NA NA NA

Pellets CNF India 6-20mm, BF Grade NA NA NA NA NA

Wire Rod CNF India 5.5mm, China NA NA NA NA NA

HRC CNF India 2.5mm, China $565 - 20 - 20 - 10 - 45

HRC CNF India 2.5mm, Korea $640 0 0 0 0

CRC CNF India 0.90mm, China $635 - 15 - 15 - 15 - 25

HR Plate CNF India A 36 NA NA NA NA NA

Mn Ore CNF India Mn 38%, South Africa NA NA NA NA NA

Europe & US
Export
Pig Iron FOB Brazil Steel Grade $403 0 0 -9 -9

Import
Scrap CFR Turkey HMS (80:20), US $360 -1 - 5.6 - 15.2 + 9.17

HRC CIF Europe 2.5mm NA NA NA NA NA

Middle East & Africa

Export
Iron Ore FoB South Africa Lumps, Fe 64/63% NA NA NA NA NA

Non Coking Coal FoB South Africa RB2 5500 NAR NA NA NA NA NA

Import
Billet CNF Dubai 125*125, China NA NA NA NA NA

HRC CNF Dubai 2.5mm, China $580 -8 -8 0 - 25

Note:- W-O-W: Week On Week, 1M: Change over last month, 3M: Change over last 3 months, All prices are weekly assessment, Iron Ore are daily assessment

Copyright@ 2009-2023 www.steelmint.com info@steelmint.com +91 9770056666 PG | 26

 DAILY STEEL REPORT
Issue 1034, Tuesday, 17 Oct 2023

Live Tenders

EXPIRY
COMPANY TYPE GRADE QUANTITY LOCATION VIEW
DATE

Aluminium
HindustanAeronauticsLimited Buy Aluminium 31 MT 21 Oct, 2023 Bangalore, Karnataka, India
ARMOUREDVEHICLESNIGAMLIMITED Buy Aluminium Ingot 23 MT 30 Oct, 2023 Medak, Telangana, India
Aluminum Alloy
HindustanAeronauticsLimited Sell 52 MT 20 Oct, 2023 Bangalore, Karnataka, India
Scrap

Billet/Ingot/Slab
SAIL Sell CC Slab 3,000 MT 20 Oct, 2023 Bhilai, Chattisgarh, India
SAIL Sell Billet 660 MT 17 Oct, 2023 Burnpur, West Bengal, India

Coking
Calcined Petroleum
NMDC Buy 550 MT 17 Oct, 2023 Jagdalpur, Chattisgarh, India
Coke

Ferro Chrome
High Carbon Ferro
SAIL Buy 3,000 MT 17 Oct, 2023 Salem, Tamil Nadu, India
Chrome

Fines/Lumps
Iron Ore and
Director of Mines & Geology Services 3 Nos 25 Oct, 2023 Lucknow, Uttar Pradesh, India
Limestone Block
KIOCL Buy Iron Ore Fines 100,000 MT 28 Oct, 2023 Mangalore, Karnataka, India
KIOCL Sell Iron Ore Fines 250,000 MT 27 Oct, 2023 Bangalore, Karnataka, India
Iron Ore Fines &
Karnataka State Minerals Corporation Limited Sell 767,502 MT 21 Oct, 2023 Bellary, Karnataka, India
Lumps
OMDC Sell Iron Ore Fines 15,896 MT 17 Oct, 2023 Bhubaneshwar, Odisha, India

Limestone
SAIL Sell Limestone Lumps 20,000 MT 17 Oct, 2023 Bhadravathi, Karnataka, India

Manganese Ore
Sandur Manganese & Iron Ore Sell Manganese Ore 23,184 MT 19 Oct, 2023 Bellary, Karnataka, India

Melting Scrap
NALCO Sell Melting Scrap 650 MT 21 Oct, 2023 Angul, Odisha, India
NALCO Sell Melting Scrap 300 MT 20 Oct, 2023 Angul, Odisha, India
Mahindra & Mahindra Sell Melting Scrap 1,480 MT 20 Oct, 2023 Pune, Maharashtra, India
HMCL Sell Melting Scrap 300 MT 17 Oct, 2023 Panchmahal, Gujarat, India
NPCIL Sell Melting Scrap 270 MT 21 Oct, 2023 Thane, Maharashtra, India
Welspun Corp Limited Sell Melting Scrap 1,125 MT 25 Oct, 2023 Anjar, Gujarat, India
Welspun Corp Limited Sell Cast Iron Scrap 450 MT 19 Oct, 2023 Anjar, Gujarat, India
SAIL Sell Mix Melting Scrap 23,785 MT 18 Oct, 2023 Bhilai, Chattisgarh, India
SAIL Sell Melting Scrap 2,275 MT 17 Oct, 2023 Durgapur, West Bengal, India
Melting Scrap-D
Indian Oil Sell 200 MT 26 Oct, 2023 Chennai, Tamil Nadu, India
Shaped Cylinder
Melting Scrap-D
Indian Oil Sell 200 MT 18 Oct, 2023 Chennai, Tamil Nadu, India
Shaped Cylinder
Welspun Corp Limited Sell Melting Scrap 2,300 MT 27 Oct, 2023 Anjar, Gujarat, India
NTPC Sell Melting Scrap 571 MT 27 Oct, 2023 Bilaspur, Chattisgarh, India

Met Coke
SAIL Buy Coke Breeze 20,000 MT 18 Oct, 2023 Durgapur, West Bengal, India

Mill Scale
SAIL Sell Mill Scale 1,668 MT 17 Oct, 2023 Bhadravathi, Karnataka, India

Copyright@ 2009-2023 www.steelmint.com info@steelmint.com +91 9770056666 PG | 27

 EXPIRY
COMPANY TYPE GRADE QUANTITY LOCATION VIEW
DATE

SAIL Sell Mill Scale 900 MT 25 Oct, 2023 Kangra, Himachal Pradesh,
India

Non Coking

MPPGCL Sell Coal Mill Reject 5,484 MT 26 Oct, 2023 Jabalpur, Madhya Pradesh,
India

MPPGCL Sell Coal Mill Reject 6,879 MT 26 Oct, 2023 Jabalpur, Madhya Pradesh,
India

MPPGCL Sell Coal Mill Reject 2,155 MT 26 Oct, 2023 Jabalpur, Madhya Pradesh,
India

MPPGCL Sell Coal Mill Reject 1,620 MT 26 Oct, 2023 Jabalpur, Madhya Pradesh,
India
NLC Sell Non Coking Coal 300,000 MT 18 Oct, 2023 Sambalpur, Odisha, India

APMDC Sell Non Coking Coal 100,000 MT 20 Oct, 2023 Vijayawada, Andhra Pradesh,
India
ODISHA COAL AND POWER LIMITED Sell Non Coking Coal G14 200,000 MT 20 Oct, 2023 Bhubaneswar, Odisha, India

Pig Iron
SAIL Sell Pig Iron 1,950 MT 18 Oct, 2023 Bhilai, Chattisgarh, India
NMDC Sell Pig Iron 25,000 MT 19 Oct, 2023 Jagdalpur, Chattisgarh, India
SAIL Sell Pig Iron 1,000 MT 17 Oct, 2023 Durgapur, West Bengal, India
SAIL Sell Pig Iron 2,000 MT 19 Oct, 2023 Rourkela, Odisha, India

Silico Manganese

RINL Buy Silico Manganese 12,000 MT 23 Oct, 2023 Visakhapatnam, Andhra

Pradesh, India

Stainless Steel
NationalFertilizersLimited Buy Stainless Steel Plates 60 MT 08 Nov, 2023 Ropar, Punjab, India

Used Plants And Machines

Used Plant &
TATA Steel Sell 1 Nos 19 Oct, 2023 Angul, Odisha, India
Machines

Zinc
Welspun Corp Limited Sell Zinc Dust 23 MT 18 Oct, 2023 Anjar, Gujarat, India
KALPATARUPROJECTSINTERNATIONALLIMITED Sell Zinc Dross 60 MT 19 Oct, 2023 Raipur, Chattisgarh, India
KALPATARUPROJECTSINTERNATIONALLIMITED Sell Zinc Ash 55 MT 19 Oct, 2023 Raipur, Chattisgarh, India
SAIL Sell Zinc Dross 42 MT 18 Oct, 2023 Bokaro, Jharkhand, India
View All

Copyright@ 2009-2023 www.steelmint.com info@steelmint.com +91 9770056666 PG | 28

Copyright@ 2009-2023 www.steelmint.com info@steelmint.com +91 9770056666 PG | 29