Indonesia drawing plans to restrict nickel pig iron, ferronickel smelters

Mining News Pro - Indonesia is considering a plan to restrict construction of smelters producing nickel pig iron or ferronickel in order to optimise use of its limited nickel ore reserves for higher-value products, a senior mining ministry official said on Thursday.

Nickel Mines to boost pig iron output with $670m acquisition

Mining News Pro - Nickel Mines is set to expand its foothold in Indonesia by acquiring an interest in the Angel Nickel development project for a total consideration of $US490 million ($671.6 million).

SAIL Pig Iron Auction Receives Good Response Over Reduced Base Price

Mining News Pro - Steel Authority of India Ltd (SAIL) conducted auction for around 1,800 MT steel grade pig iron today from its Rourkela steel plant (RSP). The auction witnessed active participation over reduction in base price by INR 700/MT (USD 10).

TATA Metaliks Further Cuts Foundry Pig Iron Offer

Mining News Pro - TATA Metaliks Limited (TML) - known as the largest Foundry grade pig iron manufacturer in eastern India has again reduced Foundry pig iron offers by INR 600/MT (USD 9) & Low Silicon pig iron by INR 500/MT (USD 7) today.

India: Tata Metaliks Rolls Over Foundry Grade Pig iron Prices

Mining News Pro - Tata Metaliks Limited (TML), India`s one of the major foundry grade pig iron manufacturer has kept price unchanged for Nov`18 deliveries after a hike of INR 800/MT (USD 11) during Oct`18.

India: Buyers May Prefer NINL Foundry Grade Pig Iron Amid Price Competitiveness

Mining News Pro - Neelachal Ispat Nigam Ltd (NINL) - India’s largest and state owned Pig iron manufacturer has recently floated offers for High Silicon (Foundry grade) pig iron, which seem competitive than the offers through the other major foundry grade pig iron makers based in east & western India.

India: SAIL May Cancel Pig Iron Export Tender Amid High Domestic Realization

Mining News Pro - Steel Authority of India Ltd. (SAIL) - a Government of India Enterprise, had floated export tender for 18,500 MT pig iron from its Bokaro Steel plant. The tender put up was for steel making Pig Iron offered from Bokaro Steel plant has following specifications - C-3.8-4.6%, Mn-0.05-0.20%, S-0.020-0.10% , and P-0.10-0.20%.

Indian Pig Iron Prices Likely to Remain Supported in Short Term

Mining News Pro - Indian Pig iron producers are anticipating further surge in prices in line with active demand & rising input cost. Recently NINL, which is the largest producer of Indian pig iron have sharply raised prices by INR 1,800/MT (USD 25).

Nickel Mines increases pig iron plant interest to 60% for $US70m

Mining News Pro - Australian company Nickel Mines has increased its interest in an under-construction nickel pig iron plant in Indonesia by 35 per cent to 60 per cent for $US70 million ($97.3 million).

Indian Private Pig iron Producers Increase Prices

Mining News Pro - Amid sky-rocketing Indian steel (Billet & Sponge iron) prices, the pig iron prices in Central & East regions have increased by around INR 500/MT (USD 8). Also, the participants claimed that, on anticipation of further hike prices by NINL, the private producers have hiked the prices.

Brazilian pig iron exports decrease in Dec 2017 y-o-y

Mining News Agency -According to the trade statistics, Brazilian pig iron exports totaled around 146,000 tons in December 2017, down by 31.1% year on year.

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