PELLEX falls INR 100/t ($1/t) amid limited trade Pellet offers from Raipur-based producers dropped after the Dussehra holidays owing to lack of trades. Meanwhile, prices in Raipur remained under pressure as no trade was reported so far this week. However, a major plant is under maintenance shutdown over the next few weeks. BigMint’s bi-weekly domestic […]
Author: Inter Steel BD
South African Non-coking coal exports hold steady in Sep’24
South African non-coking coal export shipments in September 2024 were at 5.14 million tonnes (mnt) compared to 5.11 mnt in August 2024, reflecting a 1% increase m-o-m. However, exports were up 6% y-o-y from 4.85 mnt in September 2023. Exports to India rise by 17% m-o-m India was the largest buyer of South African coal, […]
Weekly round-up: Global, domestic base metals markets witness positive trends
At the close of trading on Friday, 27 September 2024, base metals prices on the London Metal Exchange (LME) showed positive trends barring copper. Nickel recorded the largest gain in terms of prices, increasing by 5.86%. Meanwhile, LME warehouse stocks exhibited negative trends, except nickel which rose 1.26%. On the LME, three-month aluminium futures increased […]