• 15/08/2022 12:39 am

1. Indian PELLET export prices up by $3 w-o-w on fines market strength

2. Spot steel prices rise, P-DRI at Rs 20,700-800/t, REBAR Rs 32,900-33,100/t & WIRE ROD at Rs 34,000-34,300/t Ex-Raipur.

3. Raigarh based plants to slash output by 50% due to falling margins

4. PIG IRON offers in eastern India at 20-months high on supply tightness. Tata Metaliks & Vedanta hike offers for 2nd time in Aug

5. SteelMint BILLET index up by Rs 250/t on 12 Aug.

6. Indian GRAPHITE ELECTRODE prices likely to rise in next quarter – sources

7. Vietnam’s Formosa hikes HRC offer by $40-45/t for Oct

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