India Steel Market Watch
October 16: During H1 of 2015-16 (April-September), handling of iron ore by Paradip Port stood at 502,030 tons, which shows a sharp fall of 37.38% from 801,757 tons handled in the same period of 2014-15, as per provisional data from port sources available with ISMW.
Handling of iron ore by Paradip Port stood at 51,800 tons in September 2015, sharply down 74.95% from 206,748 tons handled in August this year.
Similarly, handling of iron ore by the port in September 2014 stood at 133,334 tons, which shows that handling in September this year was down 61.15% on a y-o-y basis.
Flat products display volatile trend in e-auctions
India Steel Market Watch
October 16: Flat product prices showed a volatile trend in the e-auctions held between September 10, 2015 and October 8, 2015, through the metaljunction platform, according to information available with ISMW.
Approved cobbled plates fetched the highest bid price of Rs 26,100 per ton (basic) for materials from Jharkhand.
Approved CR coils fetched the highest bid price of Rs 29,000 per ton (basic) for materials from Delhi.
Approved GP coils fetched the highest bid price of Rs 31,550 per ton (basic) for materials from West Bengal.
Approved HR coils fetched the highest bid price of Rs 23,040 per ton (basic) for materials from Maharashtra.
CR coils, which are subject to confirmation, fetched the highest bid price of Rs 34,050 per ton (basic) for material from Jharkhand.
HR coils, which are subject to confirmation, fetched the highest bid price of Rs 34,350 per ton (basic) for material from West Bengal.
HR plates, which are subject to confirmation, fetched the highest bid price of Rs 28,000 per ton (basic) for material from Odisha.
PM plates, which are subject to confirmation, fetched the highest bid price of Rs 30,600 per ton (basic) for material from West Bengal.
Following are the average price bids in CR coils, GP sheets, HR coils, HR sheets and PM plates in the e-auctions held between September 10, 2015 and October 8, 2015. The bids are exclusive of excise and taxes:
Approved Flat e-auction prices |
||||
PRODUCT CATEGORY |
LOCATION |
BID PRICE (in Rs /Mt) |
QUANTITY as on OCT 8, 2015 |
QUANTITY as on SEP 10, 2015 |
AMG HR-PLATE |
JHARKHAND |
22,250 |
- |
75 |
22,300 |
- |
90 |
||
22,350 |
- |
610 |
||
22,400 |
- |
135 |
||
22,450 |
- |
238 |
||
22,500 |
162 |
80 |
||
22,600 |
200 |
80 |
||
22,700 |
240 |
- |
||
22,750 |
- |
80 |
||
22,800 |
150 |
218 |
||
22,850 |
85 |
- |
||
22,900 |
319 |
82 |
||
22,950 |
- |
83 |
||
23,000 |
- |
350 |
||
23,050 |
- |
140 |
||
23,350 |
- |
136 |
||
AMG HR-PLATE Total |
1,156 |
2,397 |
||
AMG HR-SHEET |
JHARKHAND |
23,300 |
192 |
- |
23,600 |
82 |
- |
||
23,950 |
- |
50 |
||
24,850 |
- |
115 |
||
25,200 |
- |
40 |
||
AMG HR-SHEET Total |
274 |
205 |
||
COBBLED PLATE |
JHARKHAND |
23,650 |
- |
150 |
23,700 |
- |
107 |
||
26,100 |
- |
86 |
||
COBBLED PLATE Total |
- |
343 |
||
CR-COIL |
DELHI |
28,500 |
- |
45 |
29,000 |
45 |
- |
||
MAHARASHTRA |
17,300 |
- |
10 |
|
ODISHA |
23,950 |
45 |
- |
|
UTTAR PRADESH |
23,750 |
45 |
- |
|
CR-COIL Total |
135 |
55 |
||
DDHR PICKELD COIL |
JHARKHAND |
22,500 |
- |
119 |
22,600 |
- |
135 |
||
22,800 |
- |
161 |
||
22,850 |
- |
146 |
||
DDHR PICKELD COIL Total |
- |
561 |
||
DDHR PICKLED COIL |
JHARKHAND |
22,000 |
133 |
- |
DDHR PICKLED COIL Total |
133 |
- |
||
GPCC Sheet |
MAHARASHTRA |
23,150 |
2 |
- |
GPCC Sheet Total |
2 |
- |
||
GP-COIL |
WEST BENGAL |
31,550 |
5 |
- |
GP-COIL Total |
5 |
- |
||
HR-COIL |
MAHARASHTRA |
23,040 |
- |
40 |
HR-COIL Total |
- |
40 |
||
Grand Total |
1,705 |
3,601 |
Flat e-auction prices subject to confirmation |
||||
PRODUCT CATEGORY |
LOCATION |
BID PRICE (in Rs /Mt) |
QUANTITY as on OCT 8, 2015 |
QUANTITY as on SEP 10, 2015 |
AMG HR-PLATE |
JHARKHAND |
22,000 |
- |
500 |
22,050 |
- |
62 |
||
22,250 |
- |
345 |
||
22,300 |
- |
218 |
||
22,350 |
- |
778 |
||
22,400 |
- |
436 |
||
22,450 |
- |
282 |
||
22,500 |
- |
82 |
||
22,550 |
- |
207 |
||
22,600 |
- |
379 |
||
22,650 |
- |
248 |
||
22,700 |
- |
356 |
||
22,800 |
- |
85 |
||
22,850 |
- |
135 |
||
AMG HR-PLATE Total |
- |
4,113 |
||
AMG HR-SHEET |
JHARKHAND |
24,050 |
- |
145 |
24,100 |
- |
70 |
||
AMG HR-SHEET Total |
- |
215 |
||
CR-COIL |
DELHI |
30,550 |
22 |
- |
HARYANA |
26,650 |
- |
35 |
|
27,650 |
39 |
- |
||
27,800 |
- |
43 |
||
28,400 |
64 |
- |
||
30,800 |
50 |
- |
||
32,300 |
39 |
- |
||
JHARKHAND |
29,250 |
- |
40 |
|
30,100 |
- |
28 |
||
30,500 |
11 |
- |
||
30,700 |
7 |
- |
||
30,750 |
5 |
- |
||
31,100 |
27 |
- |
||
31,200 |
27 |
- |
||
31,300 |
54 |
- |
||
31,400 |
80 |
- |
||
31,450 |
20 |
- |
||
31,550 |
23 |
- |
||
32,000 |
31 |
- |
||
32,150 |
- |
45 |
||
34,050 |
- |
26 |
||
35,100 |
- |
22 |
||
MAHARASHTRA |
26,850 |
12 |
- |
|
27,450 |
30 |
- |
||
ODISHA |
30,000 |
- |
22 |
|
PUNJAB |
22,050 |
29 |
- |
|
22,950 |
59 |
- |
||
25,000 |
- |
17 |
||
26,000 |
- |
15 |
||
27,100 |
- |
14 |