Iran traded 421,341 tons of non-oil goods worth $140.41 million with Afghanistan during the first Iranian month (March 21-April 20), registering a 7.48% and 18.49% decline in tonnage and value respectively compared with the year before, latest data released by the Islamic Republic of Iran Customs Administration show.
News ID: 4991 Publish Date : 2019/07/02
India’s state-owned pellet maker - Kudremukh Iron Ore Company Ltd (KIOCL) has signed MoU on 26th Jun’19 at METEC- 2019 at Dusseldorf, Germany with Glencore international AG and Steel Mont GMBH for the sale of pellets in European market including UK.
News ID: 4971 Publish Date : 2019/07/01
TATA Metaliks Limited (TML) - known as the largest foundry grade pig iron manufacturer in eastern India has reduced foundry pig iron prices by INR 800/MT (USD 12) on 25th Jun'19.
News ID: 4968 Publish Date : 2019/07/01
Towards end of last week, Tangshan announced steel & sintering production cuts of 20-50% until 1st Aug to curb air pollution. Against Friday's Chinese domestic billet prices went up by RMB 100 (USD 14-15/MT, yesterday)
News ID: 4964 Publish Date : 2019/07/01
As per new price circular released, Japan’s leading EAF mini-mill - Tokyo Steel has lowered the domestic H2 scrap purchase price further by JPY 1000/MT (USD 9) at its Tahara works, Kyushu works and Takamatsu steel centre, while it has cut price by JPY 500/MT at other 2 works, as Japanese domestic scrap prices continue to slide down. The new prices for all grades shall be effective from tomorrow (26th Jun'19).
News ID: 4962 Publish Date : 2019/07/01
Steel Authority of India - a government of India Company has invited an ocean export tender for billets. The tender quantity is reported to be 16,200 MT. The cargo will be shipped from Haldia port and shipping is scheduled by 25th Aug’19.
News ID: 4960 Publish Date : 2019/07/01
It seems that the tables have turned for global Graphite Electrode (GE) manufacturers, including Indian producers, as after enjoying price buoyancy for almost two years, prices have started falling at an unrestrained pace.
News ID: 4953 Publish Date : 2019/07/01
Indian Steel prices slump sharply during the week 25 (15-22 Jun) owing to weak demand amid strong supply. The participants reported below to average inquiries from domestic and global buyers as well, hence there was constant drop in prices.
News ID: 4893 Publish Date : 2019/06/24
Global ferrous scrap markets continued to witness downtrend in almost all the major markets with most of the buyers following a cautious approach. Sharp drop in Turkey scrap import prices kept offers in South Asian and South East Asian markets under pressure.
News ID: 4892 Publish Date : 2019/06/24
Steel Mint in conversation with its market sources learned that Vietnam based steel mill booked HRC from China for July end or early August shipments.
News ID: 4887 Publish Date : 2019/06/24
Indian Finish long steel imports increased by around 36.5% M-o-M in May’19, as per recent released custom data maintained by Steel Mint.
News ID: 4885 Publish Date : 2019/06/24
Indian pellet export prices have moved up by USD 3-4/MT this week. According to market sources report to Steel Mint, east India based pellet maker Brahmani River Pellets Ltd (BRPL) has recently concluded export deal to China for 50,000 MT pellet.
News ID: 4866 Publish Date : 2019/06/23
As per new price circular released, Japan’s leading EAF mini-mill - Tokyo Steel has lowered the domestic H2 scrap purchase price by JPY 500/MT (USD 5) at all five works in Japan. New prices for all grades shall be effective from tomorrow (19th Jun'19)
News ID: 4861 Publish Date : 2019/06/20
Indian HRC import prices from Japan decline in recent bookings concluded- Steel Mint recently learned from market sources that Indian based stockist have booked 20,000 MT of HRC with major steel company based in Japan at around USD 525/MT CFR basis for July shipments.
News ID: 4858 Publish Date : 2019/06/20
Indian HRC import prices from Japan decline in recent bookings concluded- Steel Mint recently learned from market sources that Indian based stockist have booked 20,000 MT of HRC with major steel company based in Japan at around USD 525/MT CFR basis for July shipments.
News ID: 4857 Publish Date : 2019/06/20
Sharp currency depreciation has resulted in a sharp hike in domestic steel prices. However, following the global downturn, imported scrap prices in Pakistan are hovering at around 5-6 months low.
News ID: 4856 Publish Date : 2019/06/20
As per the recent data released by customs, Indian flat steel imports stood at 0.5 MnT in May’19 remained stable against previous month.
News ID: 4852 Publish Date : 2019/06/20
As per new price circular released, Japan’s leading EAF mini-mill - Tokyo Steel has lowered the domestic H2 scrap purchase price by JPY 500/MT (USD 5) at all five works in Japan. New prices for all grades shall be effective from tomorrow (15th June'19)
News ID: 4833 Publish Date : 2019/06/16
Turkey's Finish Steel exports down by around 14% M-o-M in Apr'19, as per fresh released data by custom department.
News ID: 4823 Publish Date : 2019/06/15
As per the latest updates, Russia’s only needle coke manufacturer, Gazprom Neft Omsk Refinery has finally produced and supplied its first batch of needle coke to the domestic manufacturers.
News ID: 4820 Publish Date : 2019/06/15