- Write by:
-
Saturday, December 28, 2019 - 10:39:07 AM
-
1178 Visit
-
Print
Mining News Pro - Domestic pellet offers in India moved up in all major markets. In Durgapur SteelMint’s reference, pellet price assessment stands at INR 6,500/MT ex-plant as against last week`s pellet assessment of INR 6,300-6,400/MT. However, participants reported limited trades.
According to Mining News Pro - P-DRI prices in Durgapur are currently seen at INR 18,100-18,300/MT (Ex-plant) increased sharply by INR 1,100-1,300/MT against last week at INR 17,100/MT.
Central India based pellet makers raised offers by INR 700/MT in a week`s time to INR 7,000/MT EXW-Raipur. However, the market is yet to witness aggressive buying at increased offers. Raigarh based pellet makers also increased pellet offers by INR 500/MT to INR 6,500/MT (EXW) this week.
India Pellet trade log-:
Raigarh based pellet maker has sold around 4,000 MT pellet deals at INR 6,400/MT (EXW) yesterday.
Bellary based pellet makers have sold around 10,000MT pellets at the range of INR 6,300-6400/MT (EXW) in the last couple of days. Mostly pellet makers from Bellary are on wait and watch mode, as they are not offering in the market aggressively.
Towards the end of last week deals of 3,000 MT pellets concluded to Chandrapur at INR 6,500/MT (Ex-plant); normalizing for freight to Raipur at INR 6,650/MT (DAP, Raipur).
This week, pellet deals for minimal quantity (around 2,000 MT) reported from Raipur market at INR 7,000/MT (Ex-plant).
SteelMint pellet reference prices as on 24th Dec`19
Short Link:
https://www.miningnews.ir/En/News/463589
AbraSilver Resource said on Monday it has received investments from both Kinross Gold and Central Puerto, Argentina’s ...
A stuttering recovery in lithium prices is providing a fresh reminder of why the dramatic rally of recent years was ...
i-80 Gold fell by over 11% at market open Tuesday following its announcement of a C$100 million ($74m) public offering ...
Copper jumped to its highest intraday price since January 2023 as the bellwether industrial metal faces rising tighter ...
Iron ore’s reset to around $100 a ton is indicative of a broader reshaping of China’s commodities markets that favors ...
Copper rallied back above $9,000 a ton as investors weighed upbeat factory data from top consumer China and the ...
Aluminum prices touched an 11-week high on Monday over concerns over slow recovery in production in China’s Yunnan ...
A global platinum deficit in 2024 will be deeper than previously expected as mines hit by low prices for palladium and ...
An ongoing consolidation in the US shale industry has driven up global M&A deal value in the oil and gas exploration ...
No comments have been posted yet ...