Neelachal Ispat Nigam Ltd (NINL), which has raised steel-grade pig iron offers by Rs 500 per ton to Rs 15,700 per ton ex-plant in January, up from Rs 15,200 per ton ex-plant in December, is yet to announce new offers as its validity period ended on January 11, 2016, according to information available with ISMW.
Currently, offers for N1 grade pig iron (Si 1.24%, Mn< 1%, S 0.05% max, P 0.15% max and C 3.6-4.3%) are at Rs 15,700 per ton, ex-Cuttack, which were previously at the same level.
The company is also allowing discounts up to Rs 400 per ton on purchases of 10,000 tons and above.
The quantity available for sale is 20,000 tons.
The company is also offering N2 grade pig iron (Si 1.25-2.25%, Mn< 1%, S 0.05% max, P 0.15% max and C 3.6-4.3%) at Rs 16,000 per ton ex-Cuttack in January, up from Rs 15,500 per ton, ex-Cuttack, in December.
The quantity available for sale is 3,000 tons.
NINL prices were valid till January 11, 2016.
Time period |
Steel grade (N1) Pig Iron |
Foundry grade (N2) Pig Iron for road despatches |
|
April 07-April 20, 2015 |
18400 |
|
April 20-April 30, 2015 |
18400 |
18400 |
April 28-May 15, 2015 |
17700 |
|
May 5-May 20, 2015 |
|
18400 |
May 19-June 12, 2015 |
17500 |
17700 |
June 19-June 23, 2015 |
17500 |
17700 |
June 25-July 10, 2015 |
17400 |
17600 |
July 16-July 31, 2015 |
|
17500 |
July 22-July 31, 2015 |
16700 |
|
Aug 4-Aug 21, 2015 |
16400 |
16700 |
Aug 25-Sept 4, 2015 |
16400 |
16700 |
Sept 8-Sept 18, 2015 |
17000 |
|
Sept 21-Sept 30, 2015 |
17800 |
|
Sept 23-Sept 30, 2015 |
|
18100 |
Oct 5-Oct 12, 2015 |
17400 |
|
Oct 6-Oct 12, 2015 |
|
17700 |
Oct-13-Oct 26, 2015 |
16800 |
17300 |
Oct 28-Nov 4, 2015 |
16400 |
16700 |
Nov 5-Nov 20, 2015 |
15900 |
16200 |
Nov 23-Dec 14, 2015 |
15200 |
15500 |
Dec 15-Dec 24, 2015 |
15200 |
15500 |
Dec 30, 2015-Jan 11, 2016 |
15700 |
16000 |