According to the latest reports, key industry officials of CISA (China Iron and Steel Association) in its annual midyear convention has highlighted that China’s is set to increase its efforts to keep in check the unwanted, polluting and substandard steel output in order to contain risks from excess capacity and promote high quality development in the steel industry.
News ID: 5720 Publish Date : 2019/08/05
Benxi Steel (Bengang Group Corporation), Liaoning Province, China, has placed an order with SMS group (www.sms-group.com) for the supply of a single-strand slab caster to be installed at the steelmaker’s works in Benxi in north-east China.
News ID: 5706 Publish Date : 2019/08/04
Steel Authority of India - a government of India company has floated export tender for prime mild steel non-alloy concast billets. The tender quantity is reported to be 18,900 MT. The cargo will be shipped from Haldia port. The tender was put up for Prime Mild Steel Non-Alloy Concast billet, size 125*125 mm offered from Durgapur Steel plant.
News ID: 5687 Publish Date : 2019/08/02
Indian melting scrap prices fluctuated slightly in specified regions and price range move down by INR 200-300/MT on weekly basis in major scrap consuming regions i.e. western & southern India.
News ID: 5685 Publish Date : 2019/08/02
TATA Metaliks Limited (TML) - known as the largest Foundry grade pig iron manufacturer in eastern India has again reduced Foundry pig iron offers by INR 600/MT (USD 9) & Low Silicon pig iron by INR 500/MT (USD 7) today.
News ID: 5684 Publish Date : 2019/08/02
China's steel sector purchasing managers index (PMI) showed further sectoral contraction in July on the back of a slide in output and new orders booking.
News ID: 5666 Publish Date : 2019/08/01
Global ferrous scrap prices showed mixed trends in major markets this week. Japanese scrap prices begin rising with Tokyo Steel raised its scrap purchase bid, however, South Korea's Hyundai Steel remained silent. Turkey observed stability in prices against last week, while South Asian markets witnessed slowing down in trades thus keeping prices almost flat.
News ID: 5645 Publish Date : 2019/08/01
Steel Authority of India Limited (SAIL), conducted auction from its central India based Bhilai Steel Plant (BSP) for defective steel products on 24th Jul'19.
News ID: 5642 Publish Date : 2019/08/01
Most Asian steel mills have withdrawn offers to Indian buyers on concerns that a safeguard duty may be imposed soon.
News ID: 5613 Publish Date : 2019/07/30
Production of steel ingots in Iran stood at 12.78 million tons during the first half of 2019, showing 5.6 percent rise compared to the first half of 2018, according to a report released by World Steel Association (WSA).
News ID: 5580 Publish Date : 2019/07/29
Steel Authority of India Limited (SAIL), conducted auction from its central India based Bhilai Steel Plant (BSP) for defective steel products on 24th Jul'19.
News ID: 5554 Publish Date : 2019/07/29
Neelachal Ispat Nigam Ltd (NINL), a public sector steel entity and largest merchant supplier of steel grade pig iron is battling raw material crisis on financial issues.
News ID: 5553 Publish Date : 2019/07/29
The European steelmakers association – EUROFER has recently lowered their outlook for real and apparent steel consumption for rest of the year.
News ID: 5550 Publish Date : 2019/07/29
World Steel Association announced Iran’s raw steel production has grown 5.6%, while the world’s raw steel production has faced 4.9% growth, compared to same period last year.
News ID: 5510 Publish Date : 2019/07/27
SteelMint learned in recent reports that the uncertainty in global scrap prices and slowing down of finished steel demand in the domestic market has turned sentiments mixed in Taiwan this week.
News ID: 5480 Publish Date : 2019/07/25
Steel Authority of India Limited (SAIL), recently conducted auction from its Central India based Bhilai Steel Plant (BSP) for defective steel products on 13th Jul'19. Out of 42,602.48 MT steel put up for auction, only 10,093 MT (24%) material was sold out despite reduce base price by INR 700-1,000/MT (USD 10-15) as against last auction.
News ID: 5468 Publish Date : 2019/07/25
Danieli Centro Maskin HiGrind technology guarantees the strictest tolerances and best surface quality
News ID: 5457 Publish Date : 2019/07/25
Steel Dynamics, Inc. has awarded SMS group an order covering the supply of a complete steel production line for its Sinton location in the state of Texas.
News ID: 5456 Publish Date : 2019/07/25
UK general steel stockholder John Parker & Son said in a note to suppliers that it has filed a 'Notice of Intention to Appoint Administrators'.
News ID: 5451 Publish Date : 2019/07/24
Imports of steel products into the US fell in June because of declines in imports of semi-finished, hot-rolled coil (HRC) and hot-dipped galvanized (HDG) products.
News ID: 5450 Publish Date : 2019/07/24
