DAILY STEEL REPORT Issue 1116, Thursday, 27 Feb 2014
Indian Government to allocate Coal Blocks to Non Power Sectors Indian Government began the procedure
around 267.91 MnT Coking Coal for SteelFeb 26, 2014 18:47
for allocating Coal blocks to non power
(Blast Furnace). 2. Andal Babuisol of
sector
invites
Raniganj Coalfield, West Bengal having
applications for the allocated blocks
Geological Reserves of around 103.8 MnT
through competitive bidding for specified
for Sponge Iron. 3. Tokisud-II of South
end users. The Ministry of Coal has
Karanpura Coalfield, Jharkhand having
offered three Coal blocks for the auction
Geological Reserves of around 127.7 MnT
which are as follows: 1. Jhirki & Jhirki
for Cement. The bidders are required to
(West)
bid above the prescribed floor price. The
for
the
of
first
East
time.
Bokaro
It
Coalfield,
Jharkhand having Geological Reserves of
RAW MATERIAL » China: Iron Ore Prices fall to 8 month low on Negative Outlook » Indian Government to allocate Coal Blocks to Non Power Sectors » India: Private Firms gets Time for Coal Block Clearance » India: CEC to visit Odisha Mines in March
SEMI FINISHED
detailed documents i » India: Pig Iron Prices in a Firm Position Continued on page 6....
» India: Goa based Exporter sold Pig Iron to Saudi Arabia
Snap Shot - Indian Domestic Prices (INR/MT) COMMODITY Iron Ore Lumps
PARTICULAR
2
Iron Ore Fines 3 Scrap
1
Pig Iron 2 Sponge Iron
1
Billet 1 TMT (Re-Bar) 1 Structure 2 Wire Rod 1 HRC
2
Silico Manganese Ferro Chrome
2
2
Manganese Ore 2
PRICE
CHANGE
M-O-M
3M-O-M
Rungta, Odisha
6,800
0
0
0
NMDC
2,910
+ 100
+ 100
+ 300
Ex-Mumbai
25,500
0
+ 800
+ 3,000
Ex-Cuttack
24,000
- 250
- 500
NA
Ex-Raipur
21,200
- 50
+ 800
+ 700
Ex-Mumbai
32,400
0
- 600
+ 700
Ex-Delhi
35,800
0
+ 1,500
+ 2,000
Ex-Chennai
36,500
0
- 900
+ 3,100
Ex-Mumbai
36,200
0
+ 80
+ 1,143
Ex-Durgapur
34,300
- 200
- 200
+ 1,800
Ex-Raipur
34,800
- 200
- 200
+ 1,200
Ex-Ludhiana
38,300
0
+ 300
+ 1,100
Ex-Raipur
54,500
0
+ 500
+ 1,750
Ex-Jajpur
71,250
- 250
0
- 750
Ex Balaghat, MOIL
10,403
NA
0
NA
» Indian Sponge Iron Prices under pressure on Cheaper Imports of Scrap
FINISH LONG » India: JSW raised Finish Long Prices; SAIL may follow the Suit
FINISH FLAT » India: CRC Price rally Continue; JSW hike Prices
FERRO ALLOY » India: SAIL floats Tenders for Purchase of Silico Manganese » Case against OMC & Mishrilal for Mining Chrome without Environmental Clearance
Snap Shot - Global Prices (USD/MT) COMMODITY 1
PARTICULAR
PRICE
CHANGE
M-O-M
3M-O-M
China Imports
116
- 2
- 8
China Imports
162
0
0
- 6
Australia Exports
123
- 1
- 4
- 13
India Imports
252
- 2
- 13
- 22
India Imports
370
+ 18
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
+ 7
+ 25
+ 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
2
China Import
¢ 84.5/lb
India Imports
$ 4.65/dmtu
- 19
+ 0.5
+ 0.5
+ 0.5
NA
- 0.35
+ 0.65
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