India

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India 's rebar demand in secondary market has remained dull amid slow material movement at current price range, reported by market participants.
News ID: 4058    Publish Date : 2019/03/17

Southern India based pellet maker - KIOCL has recently concluded pellet export deal.
News ID: 4056    Publish Date : 2019/03/17

Vizag Steel- a leading state-owned Pig iron producer and exporter, has issued an export tender of 25,000 MT basic grade steel making Pig iron for any country other than Nepal.
News ID: 4053    Publish Date : 2019/03/16

Tata Metaliks based in Khargapur, eastern India in recent board meeting has announced to two-fold increase in its DI pipe production capacity.
News ID: 4052    Publish Date : 2019/03/16

MMTC- India ’s largest and state-owned trading house, has floated EOI for empanelment of mine owners/ suppliers/ traders for the supply of non-canalised Iron Ore Fines and CLO.
News ID: 4049    Publish Date : 2019/03/16

Metallic waste & scrap imported from safe countries/regions i.e US, UK, Canada, New Zealand, Australia and EU will not require PSIC if consignments are cleared through 7 ports including Mundra.
News ID: 4048    Publish Date : 2019/03/16

Finish long Steel (Bar and Rod) imports in India moved up sharply by 19% in Jan’19 and registered at 51,579 MT against 43,319 MT in Dec’18, as per recent released custom data.
News ID: 4034    Publish Date : 2019/03/15

India 's largest iron ore miner - National Mineral Development Corporation (NMDC) has announced a hike in floor prices in upcoming Karnataka e-auctions scheduled on 1st Mar’19. Iron ore base prices at NMDC Kumaraswamy have increased by around INR 400/MT in both fines and lumps.
News ID: 4031    Publish Date : 2019/03/15

India n pellet offers have decreased further this week further by INR 200-550/MT amid sharp decline in sponge prices, lowered pellet buying interest from China and dull buying interest at current offers.
News ID: 4016    Publish Date : 2019/03/14

According to the recent data released by World Steel Association (WSA) total crude steel production of 66 steel manufacturing countries inch up by 1% to 146.70 MnT in Jan’19 as compared with 146.64 MnT in Dec’18.
News ID: 4011    Publish Date : 2019/03/14

Presently the Pellet Sponge manufacturers in Central & Eastern India are reeling under pressure of lowered prices than the cost of production.
News ID: 3993    Publish Date : 2019/03/13

It’s been a tough year as India ’s fourth-richest man has struggled to return to his roots.
News ID: 3988    Publish Date : 2019/03/12

Lowered pellet buying interest from Chinese mills and decline in P-DRI prices have turned sentiments bearish in domestic pellet market. Despite the reduction in pellet offers by eastern and central India based pellet makers, trade activities have remained dull.
News ID: 3964    Publish Date : 2019/03/11

This week India n PPGI prices continued to remain on upside over restocking demand among end users. Bullish market sentiments on improved demand and higher raw material cost compelled India n mills to raise PPGI offers in domestic market.
News ID: 3961    Publish Date : 2019/03/11

NMDC Ltd, India 's biggest iron ore producer, has raised prices of the mineral from its CG mines by up to INR 490/MT (upto 17%) effective from tomorrow, SteelMint learned from market sources.
News ID: 3959    Publish Date : 2019/03/11

India wants to keep buying Iranian oil at its current level of about 300,000 barrels per day (bpd), as it negotiates with Washington about extending a waiver of US sanctions past early May, a report said.
News ID: 3944    Publish Date : 2019/03/10

Hoa Phat Steel Pipe Company Limited (HPSPCL) has announced that it will export around 1,000 tonnes of galvanised steel pipe worth USD 600,000 to India and the shipment is expected to be delivered in March 2019.
News ID: 3934    Publish Date : 2019/03/10

Soon after received its first ever order from India n Railways for supply of close to 1 lakh tonne in 2018, Jindal Steel & Power Ltd (JSPL) has been awarded an additional order for supply of 30,000 tonnes under the same global tender.
News ID: 3914    Publish Date : 2019/03/09

Vizag Steel (RINL) under the Ministry of Steel has increased price of long steel products for Feb'19 deliveries, as per company's price circular.
News ID: 3897    Publish Date : 2019/03/08

Nepal - which is the largest buyer of commercial grade Billet & Wire rod has continued to show limited buying interest. As per exporters demand is weak due to sharp surge in prices and healthy stock with local mills in Nepal.
News ID: 3896    Publish Date : 2019/03/08

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