Page 103 - Steel Tech India eMagazine Volume October 2020

81. Ŗ 01 Ŗ 1EVQDGT

COQPI CNN VJG UVGGNOCMKPI TCY OCVGTKCNU CPF VJG %QXKF NGXGNU CPF VJCV VJG ,CRCPGUG *4% GZRQTV RTKEGU
OQPVJN[ CXGTCIG RTKEG QH VJG 5'#&': KTQP QTG RTKEG CTG EWTTGPVN[ OQTG EQORGVKVKXG VJCP FQOGUVKE RTKEGU
HQT (G #WUVTCNKCP (KPGU ITGY FOV QP OQPVJ /QTGQXGT ,CRCP GPLQ[U FWV[ HTGG UVGGN GZRQTVU VQ +PFKC
VQ FOV %(4 3KPIFCQ RCTVN[ FWG VQ VJG UGTKQWU Ferro Alloys
congestion at the Chinese ports with iron ore vessels (GTTQ CNNQ[ RTKEGU ICKP KP 5GRVGODGT HQT UVTQPI 3
YCKVKPI KP C NQPI SWGWG HQT %18+& VGUVU %WUVQOU 2TKEGU CETQUU OQUV QTG CPF CNNQ[ OCTMGVU VTGPFGF
clearance and unloading.
JKIJGT KP 5GRVGODGT DWQ[GF D[ KORTQXKPI FGOCPF HTQO
,CRCPŏU UVGGN UETCR RTKEGU HQT DQVJ GZRQTVU CPF UVGGNOCMGTU YKVJ VJG GPF QH VJG UWOOGT JQNKFC[ UGCUQP
FQOGUVKE UCNGU UVC[GF QP VJG WRVTGPF KP VJG RCUV VYQ KP 'WTQRG CPF VJG 7PKVGF 5VCVGU CU YGNN CU OCKPVCKPGF
OQPVJU UVTGPIVJGPGF D[ CPQVJGT VQPPG QXGT FGOCPF HTQO %JKPGUG UVGGN OKNNU 2TQFWEVKQP EWVU QT
5GRVGODGT 6JG NCVGUV YKPPKPI DKF HQT -CPVQ QWVCIGU KP UGXGTCN OCTMGVU KPENWFKPI HGTTQ UKNKEQP
6GVUWIGPŏU 5GRVGODGT OQPVJN[ * ITCFG UETCR GZRQTVU OCPICPGUG CNNQ[U OQN[DFGPWO CPF XCPCFKWO CTG
QP 5GRVGODGT YCU DGNKGXGF VQ DG FGNKXGTGF VQ C boosting prices.
8KGVPCOGUG OKNN VJCV DQQMGF VJG ECTIQGU CV CTQWPF 5VGGN OCTMGVU CTG ICKPKPI OQOGPVWO INQDCNN[ YKVJ
V %(4 KORTGUUKXG ICKPU GXKFGPV KP %JKPGUG UVGGN RTQFWEVKQP
(QT +PFKC HCNN KP EQMKPI EQCN RTKEG YKNN DQQUV UVGGN HQT OWEJ QH VJG [GCT #NVJQWIJ 75 CPF 'WTQRGCP UVGGN
EQORCPKGUŏ RTQſV &QOGUVKE JQV TQNNGF EQKN RTKEGU JCXG RTQFWEVKQP CPF RTKEGU CTG PQY DQVJ KORTQXKPI CU YGNN
IQPG WR D[ C VQPPG QP VJG DCEM QH DWQ[CPV ITQYVJ TGOCKPU YGNN DGNQY VJCV KP %JKPC %JKPGUG ETWFG
KPVGTPCVKQPCN RTKEGU CPF ITCFWCN KORTQXGOGPV KP steel output is going to be a another record this year.
FQOGUVKE FGOCPF EQPFKVKQPU /QUV RTKEGU KP INQDCN EJTQOG OCTMGVU YGTG UVCDNG
5GCDQTPG EQMKPI EQCN RTKEGU JCXG HCNNGP VQ CDQWV KP 5GRVGODGT CNVJQWIJ YKVJ C UNKIJV WRYCTF DKCU
C VQPPG D[ #WIWUV GPF HTQO KP /CTEJ FWG VQ +ORTQXGF FGOCPF HQT EJTQOG OCVGTKCNU HTQO UVCKPNGUU
UJCTR FKR D[ OCLQT KORQTVKPI EQWPVTKGU UWEJ CU ,CRCP UVGGNOCMGTU KU FTKXKPI UQOG UOCNN RTKEG KPETGCUGU
'WTQRGCP 7PKQP 5QWVJ -QTGC CPF +PFKC FWG VQ %QXKF JQYGXGT HWTVJGT WRYCTF OQXGU YKNN DG NKOKVGF 'PF WUG
RCPFGOKE FGOCPF HQT UVCKPNGUU UVGGN TGOCKPU OWEJ DGNQY [GCT
6JG HCNN KP EQMKPI EQCN RTKEGU KU GZRGEVGF VQ OQTG VJCP CIQ NGXGNU CPF YJKNG KP EQPVTCUV VQ UQOG QVJGT CNNQ[
PGICVG VJG KORCEV QH TKUG KP FQOGUVKE KTQP QTG RTKEG 5VGGN OCTMGVU UVQEMU QH OQUV EJTQOG OCVGTKCNU CPF UVCKPNGUU
OCMKPI EQUV QH C DNCUV HWTPCEG QRGTCVQT KU GZRGEVGF VQ UVGGN CTG UVKNN GNGXCVGF (QWTVJ SWCTVGT EJCTIG EJTQOG
EQOG FQYP D[ CDQWV C VQPPG contract prices in Europe have recently been rolled
QXGT QPEG OQTG
)KXGP VJG NCI QH OQPVJU HQT KORQTVU VQ TGCEJ +PFKC
VJG HWNN DGPGſV QH VJKU RTKEG FGETGCUG YQWNF ƀQY KP VJG /QN[DFGPWO RTKEGU QWVRGTHQTOGF VJG GZRGEVCVKQPU KP
5GRVGODGT SWCTVGT QH FQOGUVKE UVGGN OKNNU YJKEJ YQWNF 5GRVGODGT CPF CNVJQWIJ RTKEGU JCXG DGGP FGENKPKPI
OQTG VJCP QHHUGV VJG RTKEG JKMGU CPPQWPEGF D[ FQOGUVKE OQUV TGEGPVN[ YG YQWNF PQV DG UWTRTKUGF VQ UGG UVCDNG
KTQP QTG OKPGTU KP VJG NCUV VYQ OQPVJU VQ JKIJGT RTKEKPI KPVQ VJG HQWTVJ SWCTVGT .QY KPXGPVQTKGU
CPF ITCFWCNN[ KORTQXKPI UVCKPNGUU UVGGN QWVRWV YKNN
6JG TKUG KP %JKPGUG *4% GZRQTV RTKEGU D[ CDQWV C
VQPPG KP ,WPG KPFKECVGU C HWTVJGT JKMG KP FQOGUVKE RTKEGU UWRRQTV RTKEGU QHHUGVVKPI GZRGEVGF KPETGCUGU KP UWRRN[
*QYGXGT VJG GZVGPV QH FQOGUVKE UVGGN RTKEG JKMG YQWNF YKVJ VJG TGUVCTV QH QRGTCVKQPU CV %JKPCŏU .WOKPI PGZV
DG NKOKVGF CU VJG UVGGN FGOCPF JCU PQV [GV TGCEJGF RTG OQPVJ

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