India

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India n (low Alumina) pellet export tender heard to have received highest bid at USD 115-117/MT FOB India , which is equivalent to USD 127/MT CFR China
News ID: 3889    Publish Date : 2019/03/08

South Africa observed a fifth successive fall in scrap exports in 2018 since 2013 - SteelMint Data
News ID: 3878    Publish Date : 2019/03/07

Russian Ferro Silicon Exports went 4 years high in CY18. Ferro Silicon exports were increased from 427,976MT in CY18 to 317,856MT in CY17 which accounted for 34.64% hike. Meanwhile in Dec’18, the exports sunk by 52.42% M-o-M. Exports in Dec’18 were 24,127MT.
News ID: 3876    Publish Date : 2019/03/07

Vizag Steel also known as RINL (Rashtriya Ispat Nigam Limited)- the state-owned steel maker under the Ministry of Steel, had invited tender for export of 8,127 MT (equivalent to 3 rakes) Billet & 2,709 MT (one rake) Wire rods to Nepal on 31st Jan'19.
News ID: 3874    Publish Date : 2019/03/07

According to the market participants report to SteelMint, Raipur (central India ) based pellet manufacturers are likely to increase offers to INR 8,000/MT as against end of last week’s assessment of INR 7,000/MT (ex-Raipur, GST extra). The revised offers are likely to be effective from tomorrow (12 Feb’19).
News ID: 3873    Publish Date : 2019/03/07

Rashtriya Ispat Nigam Limited (RINL)- the state-owned steel maker under the Ministry of Steel, had invited ocean tender for export of 10,000 MT Billets (90*90mm, IS 2830 C20 MMn Gr A ), 5,000 MT Billet (65*65mm,IS 2830 Gr A) and 10,000 MT Blooms (200*200mm,IS 2830 Gr A).
News ID: 3861    Publish Date : 2019/03/06

In line with SteelMint previous report on India n steel mills planning to raise HRC export offers by USD 10-20/MT. A major private steelmaker based in eastern India has concluded HRC export deal of around 1 rake for Feb end or early march shipment. In another deal concluded recently by a mill, the deal price for 2 rakes of HRC export to Nepal was assessed around similar levels.
News ID: 3858    Publish Date : 2019/03/06

Condor Gold (LON:CNR) has started the permitting process for two high-grade satellite feeder pits that could increase production at its La India gold project in Nicaragua by 50% to 120,000 ounces a year.
News ID: 3850    Publish Date : 2019/03/05

Ajoint commercial forum, scheduled in Tehran on March 13, will host businesses from Iran and India .
News ID: 3834    Publish Date : 2019/03/04

Steel Authority of India Limited (SAIL) - govt owned steel mill has recently announced its quarterly results for Q3FY19.The steel mill has reported surge in its crude steel output on Q-o-Q basis.
News ID: 3826    Publish Date : 2019/03/04

India n Secondary rebar prices surged amid strengthening raw material prices and positive sentiments resulting in considerable trade volume across regions.
News ID: 3825    Publish Date : 2019/03/04

Imported scrap offers to India continued moving up following a rising trend in the global scrap market.
News ID: 3824    Publish Date : 2019/03/04

India 's iron ore exports in 2018 fell by 37pc from a year earlier as mining was suspended in the country's largest iron ore producing state of Goa.
News ID: 3795    Publish Date : 2019/03/01

The India n government is stepping up efforts to guarantee electricity supplies to all households ahead of national elections, but actual coverage may fall short of the stated goals.
News ID: 3794    Publish Date : 2019/03/01

Afghanistan has started exporting goods to India through Iran’s southeastern port city of Chabahar, Afghan officials said.
News ID: 3750    Publish Date : 2019/02/26

Iran and India sealed a deal to promote bilateral cooperation on entrepreneurship with a special entrepreneurship center to be opened in Tehran.
News ID: 3702    Publish Date : 2019/02/22

India has asked one buyer of Venezuelan oil to consider paying the South American nation’s national oil company PDVSA in a way that avoids the US financial system, an India n government source said, after Washington imposed fresh sanctions on Venezuela last month.
News ID: 3650    Publish Date : 2019/02/17

The CEO of the National Iranian Oil Company (NIOC) said the talks with the India n side on the development of Farzad B gas field in the Persian Gulf waters are in progress.
News ID: 3619    Publish Date : 2019/02/14

Venezuela's oil minister is in New Delhi this week hoping to convince India 's key refiners to buy more of its crude and forge closer ties as the South American nation finds itself internationally isolated after the US imposed crippling sanctions on state-owned PDVSA last month.
News ID: 3618    Publish Date : 2019/02/14

India has signed a memorandum of understanding with Russia to accelerate the development of the International North-South Transport Corridor (INSTC) that will enable a smoother connectivity to the region via Iran.
News ID: 3574    Publish Date : 2019/02/06