Motilal Oswal - MOSL: METALS WEEKLY-Private miners hike iron ore prices again; pellet prices up ~7%

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MOSL: METALS WEEKLY-Private miners hike iron ore prices again; pellet prices up ~7%

METALS WEEKLY: Private miners hike iron ore prices again; pellet prices up ~7%

Indian steel: Long product (TMT Mumbai) prices declined ~1% WoW. Sponge iron prices were ~2% WoW lower, while scrap prices remained unchanged. Iron ore prices for Rungta increased WoW. This is the second price hike over the past two weeks. Pellet prices rose 7% WoW. Domestic HRC prices were unchanged WoW. Export and import price offers were lower.
Raw materials: Iron ore prices (China CFR) decreased ~1% WoW. Thermal coal prices were down ~7% WoW. Coking coal prices were ~2% lower. China's pellet import prices were slightly lower WoW. Chinese graphite electrode prices were broadly unchanged.
Europe: CIS HRC export prices were ~2% higher WoW.
China steel prices: Chinese HRC and rebar prices were ~1% lower WoW. Export prices for HRC decreased ~1% WoW.

04/06/2019 1 EN

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Motilal Oswal

Motilal Oswal Financial Services Ltd. is a reputed name in Financial Services and Online Trading with group companies providing services such as Private Wealth Management, Retail Broking and Distribution, Institutional Broking, Asset Management, Investment Banking, Private Equity, Commodity Broking, Currency Broking, Principal Strategies & Home Finance.

Motilal Oswal Securities is a group company of Motilal Oswal Financial Service Limited which started as a stock trading company and has blossomed into well diversified firm offering a range of financial products and services. Motilal Oswal has built a reputation as the source for best stock trading company and this has taken a wealth of experience, knowledge and expertise, constantly working in tandem, over the years.

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MOSL: METALS WEEKLY-Private miners hike iron ore prices again; pellet prices up ~7%

MOSL : HOME FIRST FINANCE COMPANY: Earnings in-line with sustained improvement in asset quality

MOSL : SHOPPERS STOP: Ticking the right boxes

MOSL : ERIS LIFESCIENCES: Enhanced efforts toward product launch-related activities

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