Announcements
Pencil ingot prices dip at major locations - 20 Nov, 2008
After improvement in the price levels globally and domestically some correction was expected. The price of scrap and pencil ingot showed decline by about 3% and 4% respectively in isolated locations which cannot portend any regular trend. The price of Iron ore and Sponge Iron showed remained unchanged:

Melting scrap
80:20
HMS
LocationChange%
Kolkata00.0%
Mandi-612-2.8%
Mumbai-500-2.8%

Change is on November 19th as compared to November18th 2008
Change is in INR per tonne

Sponge iron
LocationChange%
Kolkata00.0%
Raipur00.0%

Change is on November 19th as compared to November18th 2008
Change is in INR per tonne

Burbil
ProductGradeSizeChange%
Iron ore - BFFe 65%10-4000.0%
IOS-PrimaryFe 63%5-1800.0%
IOS – SecondaryBF 00.0%
Iron ore - FinesFe 63%Fines00.0%

Change is on November 19th as compared to November18th 2008
Change is in INR per tonne

Bellary:
ProductGradeSizeChange%
Iron Ore CalibrateFe 65%10-4000.0%
Iron Ore CalibrateFe 64%10-4000.0%
Iron Ore CalibrateFe 62%10-4000.0%
Iron Ore CalibrateFe 60%5-2000.0%
Iron Ore CalibrateFe 62%5-2000.0%
Iron ore - FinesFe 63%Fines00.0%

Change is on November 19th as compared to November18th 2008
Change is in INR per tonne

Pencil ingot
LocationChange%
Mumbai-800-3.1%
Mandi-1049-4.0%
Raipur 00.0%
Kanpur -504-2.0%
Kolkata00.0%
Ghaziabad-1000-3.7%
Muzzafarnagar-1008-4.0%
Ahmedabad00.0%

Change is on November 19th as compared to November18th 2008
Change is in INR per tonne

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