Steel

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Japan's ferrous scrap exports fell marginally in January-September, as increased shipments to south and southeast Asia were unable to offset declines in exports to China and South Korea.
News ID: 7616    Publish Date : 2019/11/29

Rashtriya Ispat Nigam Limited (RINL), a state owned steel maker under the Ministry of Steel , has invited two bloom export tenders of size; 200*200 and 150mm and quantity 20,000 MT and 30,000 MT respectively.
News ID: 7605    Publish Date : 2019/11/16

TATA Metaliks has raised basic (steel) grade pig iron price by INR 500/MT (USD 7), this week amid better demand.
News ID: 7599    Publish Date : 2019/11/16

China's steel sector profits have rebounded over the past month on the back of supply disruptions at northern ports and robust demand from the construction sector.
News ID: 7572    Publish Date : 2019/11/27

India's Jindal Power and Steel (JSPL) aims to raise its crude steel output to 8.5mn t during the 2020-21 fiscal year ending 31 March on expectations of increased demand from infrastructure projects.
News ID: 7571    Publish Date : 2019/11/27

Drakewood Capital Management has traded the LME's China steel coil export contract, in the first reported trade by a hedge fund since the contract launched in March.
News ID: 7511    Publish Date : 2019/11/22

Major coal producers in China have pushed back against buyers' demands for price cuts next year, opting instead to keep prices unchanged in provisional 2020 contracts.
News ID: 7510    Publish Date : 2019/11/22

UK-based steelmaker Liberty Steel is looking to reduce costs at its speciality steels business in Yorkshire, market sources told Argus.
News ID: 7465    Publish Date : 2019/11/14

China's crude steel output in October slipped to its lowest level since March at 81.52mn t, as narrowing profit margins slowed production slightly.
News ID: 7463    Publish Date : 2019/11/14

India's coated steel prices remained flat this week, as demand stayed slow after the festive season ended in October.
News ID: 7462    Publish Date : 2019/11/14

Seaborne floating premiums for PB fines have halved since early October, pressured lower by weakness in China's portside markets.
News ID: 7461    Publish Date : 2019/11/14

Indian coking coal imports moving through 12 key state-controlled ports during April-October have contracted amid weakness in the steel sector.
News ID: 7428    Publish Date : 2019/11/13

Steel Authority of India Ltd (SAIL) - a govt. owned steel producer conducted auction for around 4,100 MT steel grade pig iron today from its Rourkela Steel plant (eastern India). The auction received good response with around 80% of the material offered got booked at base price.
News ID: 7420    Publish Date : 2019/11/11

According to General Administration of Customs, China - the world's largest iron ore consumer and importer recorded iron ore and pellet imports at 92.86 MnT in Oct’19. The imports witnessed 7% fall on monthly basis compared to 99.36 MnT in Sep’19. The decline in imports is attributed to falling demand amid increased production curbs and shrinking steel margins.
News ID: 7415    Publish Date : 2019/11/08

Chinese finished steel exports fell by 10% to 4.782 MnT in Oct'19 as compared with 5.33 MnT in Sep' 19, recent custom data shows. Price competitiveness from Indian & Russian mills kept interest for Chinese steel products low.
News ID: 7414    Publish Date : 2019/11/08

The Andhra Pradesh government and state owned mining major NMDC will soon sign an MoU for supply of iron ore, a critical raw material, for the proposed Kadapa steel plant plant, foundation for which is planned to be laid next month.
News ID: 7410    Publish Date : 2019/11/08

Iranian President Hassan Rouhani officially opened Baft Steel mill with a production capacity of over 1.5 million tons a year, in a bid to further raise the country’s metals industry and tap into its vast reserves of metals and minerals.
News ID: 7399    Publish Date : 2019/11/12

China set winter pollution cuts of 2-3pc for east and central China today, raising ferrous price outlooks from expected steel supply cuts.
News ID: 7379    Publish Date : 2019/11/12

Chinese private-sector steel producer Jiangsu Shagang increased its rebar ex-works prices by 60 yuan/t ($9/t) for mid-November deliveries, as rebar inventories extended their falls into November to support spot prices.
News ID: 7356    Publish Date : 2019/11/11

Nepal’s billet imports fell by 24% M-o-M to 53,122 MT in Oct’19 against 70,390 MT in Sept’19. Entire import volumes were recorded from India.
News ID: 7353    Publish Date : 2019/11/05

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