Chinese vanadium prices have fallen in 2019 from a year earlier on a rise in spot availability and lower demand from producers of reinforcement steel bar (rebar) amid a slowing economy.
News ID: 8089 Publish Date : 2019/12/24
Dixon Yacht Design has reportedly designed the concept of a 70-metre yacht - Project NewDawn, in a way that it offers effortless sailing performance with the interior comfort conventionally found on motor yachts.
News ID: 8063 Publish Date : 2019/12/22
China’s top steel making city - Tangshan has issued a notice to reinitiate the grade II emergency response to heavy polluting weather, as the city declared a level 2 pollution emergency. The government imposed output restrictions on the steel production firms and ordered them to indefinitely suspend iron ore sintering and partially reduce steel output as of 13 Dec’19.
News ID: 8041 Publish Date : 2019/12/13
Govt owned unit – SAIL had issued tender for sale of 10,00,000 MT iron ore fines. In recent update received, the company has extended due dates for fines sales from all its three mines in Jan’20. As per sources, due some state government clearance issues all three auctions have been re-scheduled in Jan’20.
News ID: 8034 Publish Date : 2019/12/14
A slowdown in the real estate sector may pressure China's steel demand next year, according to analyst forecasts.
News ID: 8007 Publish Date : 2019/12/18
Iran’s Ministry of Industry, Mine and Trade (MIMT) announced that the country’s metal exports have jumped significantly in the first 7 months of the current local calendar year (March 21-October 22, 2019) showing Tehran’s economic strategies have outdone the US sanctions.
News ID: 7970 Publish Date : 2019/12/16
This week Indian color coated / PPGI prices increased by INR 300-750/MT W-o-W in major markets following upside in HRC prices along with bullish sentiments prevailing in the domestic market. Improved buying in steel-consuming sectors and an uptick in demand resulted in an increase in PPGI prices this week in the trade market.
News ID: 7965 Publish Date : 2019/11/29
Major Indian steel mills increased their imported HRC offers by USD 10/MT for Jan'20 deliveries, SteelMint learned from market sources.
News ID: 7961 Publish Date : 2019/11/29
Dongkuk Steel Mill one of the largest EAF steel producers in South Korea has reportedly booked a bulk vessel of 10,000 MT cargo from Russia, for A3 grade scrap. The booking has reportedly been concluded at price level of USD 265/MT CFR South Korea.
News ID: 7960 Publish Date : 2019/11/29
Pellet deals for around 10,000 MT reported to Raipur market from Odisha based pellet maker at INR 5,500-5,600/MT(Ex-plant); normalizing for freight to Raipur at INR 6,150-6,250/MT (DAP Raipur). Amid pending deliveries of previous bookings, few Raipur pellet makers are still not offering in the domestic market.
News ID: 7959 Publish Date : 2019/11/29
Indian hot-rolled coil (HRC) prices increased by 1,500 rupees/t ($21/t) from a week earlier, as steel mills experienced higher prices in export markets.
News ID: 7950 Publish Date : 2019/12/13
Prices for 99.7pc manganese flake in Europe and China have declined in the fourth quarter on steel output cuts in China, reduced demand in Europe and falling manganese ore prices.
News ID: 7949 Publish Date : 2019/12/13
Indian coking coal imports moving through 12 key state-controlled ports only posted marginal year-on-year gains during April-November and were at risk of a further contraction as lower steel production hits demand.
News ID: 7928 Publish Date : 2019/12/12
China's crude steel demand and output are expected to fall in 2020 after posting robust gains this year, said the country's state-run think-tank the Metallurgical Industry Planning and Research Institute.
News ID: 7927 Publish Date : 2019/12/12
China's largest steel-producing city Tangshan has asked several steel producers to indefinitely suspend iron ore sintering and partially reduce steel output from tomorrow, as the city declared a level 2 pollution emergency.
News ID: 7925 Publish Date : 2019/12/12
India's steel exports surged by 80pc from a year earlier to 867,000t in November, according to provisional figures from India's steel ministry.
News ID: 7900 Publish Date : 2019/12/10
SMS group, global market leader in mechanical engineering and plant construction for the steel and nonferrous metals industry, is moving to an innovative campus in 2023. It is being created next to the existing buildings on the Mönchengladbach site.
News ID: 7884 Publish Date : 2019/11/20
China's iron ore imports fell by 2.4pc on the month to 90.65mn t in November, although volumes were around 8pc higher from a year earlier.
News ID: 7828 Publish Date : 2019/12/09
Turkish steelmakers have maintained real term spreads between scrap purchases and rebar sales at around $170/t throughout November and December, despite the spread between current scrap and rebar prices dropping to below $150/t this week.
News ID: 7805 Publish Date : 2019/12/06
Hindalco Industries Limited has handed over India’s first all-aluminium freight trailer in Rajasthan to Kamal Exim Pvt. Ltd., a leading Jaipur-based transporter of UltraTech Cement Limited. The 34-foot long aluminium freight trailer can ferry a wide range of materials such as cement, alumina, fly ash, grains, flour, steel coils and cylinders.
News ID: 7774 Publish Date : 2019/12/05
