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SteelMint in conversation with market participants learned that major Raipur (central India ) based pellet manufacturers have decreased offers today by INR 200/MT.
News ID: 8811    Publish Date : 2020/03/17

Titagarh Wagons of India , the major stakeholder of Italy’s Titagarh Firema S.P.A., has announced the deferment of the inauguration of manufacturing the prototype of the new aluminium-bodied Pune Metro coaches. The plant operation has been suspended due to the COVID-19 outbreak in Italy.
News ID: 8790    Publish Date : 2020/03/19

Two loaded containers were transported successfully from India ’s Mumbai to Iran’s Chabahar, which exited through Dogharoun Border crossing to Afghanistan under cover of TIR Carnets (TIR Convention) on Friday.
News ID: 8718    Publish Date : 2020/03/14

The company has released its monthly steel output results yesterday which reported fall in crude steel and finished steel output in Feb '20 against the previous month.
News ID: 8715    Publish Date : 2020/03/12

India n Silico Manganese prices remained unchanged owing to the dull steel market conditions. The selling pressure is quite intense in the domestic market. Meanwhile, prices in the export market also softened amidst currency fluctuations and the spread of deadly Coronavirus.
News ID: 8710    Publish Date : 2020/03/12

The last two years have been a roller coaster ride for the Graphite electrodes manufacturers globally. The supply-side structural changes in China that took place in the latter half of 2017 required polluting GE units to shut down and subsequently created its shortage and increased prices.
News ID: 8625    Publish Date : 2020/03/05

Vizag Steel – a state owned steel maker state owned steel maker under the Ministry of Steel, has invited spot sale notice for export of 30,000 MT bloom in ocean market.
News ID: 8621    Publish Date : 2020/03/05

Steel Authority of India - a government of India company has floated an export tender for prime mild steel non-alloy concast blooms. The tender quantity is reported to be 18,900 MT. The cargo will be shipped from the Haldia port. The tender put up is for size200*280mm offered from the IISCO steel plant.
News ID: 8620    Publish Date : 2020/03/05

This week HR plate prices were reported largely stable on weak demand prevailing in the domestic market. Market participants in trade segment shared that recent increase in prices by steel manufacturers didn’t passed on to retail market over limited inquiries. Buyers are postponing their purchases amid higher plate prices.
News ID: 8619    Publish Date : 2020/03/05

Mr N D Rao, President, Orissa Metaliks Pvt Ltd, India shared that India is likely to witness sharp increase in pellet capacity by 2035. He expects nearly 250 MnT upcoming pellet capacities coming up in India by 2035.
News ID: 8616    Publish Date : 2020/03/03

ArcelorMittal and Nippon Steel India (AMNS India ), formerly known as Essar Steel, has acquired a power plant and an iron ore slurry pipeline, securing control of infrastructure that is critical to the smooth functioning of its steel and pellet plants in the country.
News ID: 8579    Publish Date : 2020/03/04

Domestic HR-Plate prices depicted mixed movements with a decline of INR 500/MT in the Mumbai market, however, exhibited stability in Delhi.
News ID: 8563    Publish Date : 2020/02/27

NMDC Donimalai pellet plant has resumed offering pellets after a gap of around five months. The company has quoted fresh offer Fe 64% pellets at INR 7,000/MT (FoT basis).
News ID: 8560    Publish Date : 2020/02/27

India 's iron ore pellet exports in 2019 increased by around 53pc on the back of robust demand from China.
News ID: 8559    Publish Date : 2020/03/03

The National Award for Export Excellence – Star performer for 2017-18 has been awarded to Jindal Aluminium.
News ID: 8541    Publish Date : 2020/03/02

Coal production by India 's state-controlled mining firm Coal India (CIL) is facing a first year-on-year decline in its fiscal year output in around two decades, despite the firm posting a steep recovery in production since December 2019.
News ID: 8532    Publish Date : 2020/03/02

India 's coal ministry will seek approval soon from the country's federal cabinet to launch the first auction of coal blocks for commercial mining, with the aim of issuing tender documents in the 2019-2020 fiscal year ending on 31 March.
News ID: 8499    Publish Date : 2020/02/26

Ess Dee Aluminium Ltd., which once acquired the three sick units of India Foils a decade ago, has capitulated to insolvency itself.
News ID: 8496    Publish Date : 2020/02/26

Zac Hollis, Head of Sales, Service and Marketing, Skoda Auto India Ltd. has communicated of the upcoming VisionIN model concept before its global premiere at the Auto Expo’20, coming up between 5th and 12th February’20.
News ID: 8323    Publish Date : 2020/01/23

India n steelmaker Essar Steel will no longer offer its products to European markets, sources close to the matter said.
News ID: 8314    Publish Date : 2020/01/23

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