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
SteelMint 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 SteelMint.
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 SteelMint, 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- SteelMint 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- SteelMint 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
South Korean leading EAF steelmaker, Hyundai Steel has reportedly lowered the bids for Japanese scrap purchase by JPY 1,000/MT (USD 9) today.
News ID: 4818 Publish Date : 2019/06/14
Aimed at restricting imports through yet another non-tariff measure, the steel ministry has solicited introduction of port of entry restrictions for scrap and second hand or defective steels.
News ID: 4817 Publish Date : 2019/06/14
Amid the increased graphite electrodes supplies from China and subsequent fall in global GE prices, Japan’s key electrodes manufacturer, Showa Denko has decided to improve its Carbon division’s production facilities in Europe with a planned investment of 5 billion yen.
News ID: 4815 Publish Date : 2019/06/14
SteelMint learned in recent conversations with industry participants that Pakistan’s government has declared its fiscal year 2020 budget yesterday.
News ID: 4813 Publish Date : 2019/06/14
In conversation with market participants, SteelMint learned that imported scrap offers to Bangladesh have weakened on account of further softening of prices at the global level.
News ID: 4812 Publish Date : 2019/06/14
According to latest data released by Chinese customs, nation’s finished steel exports in May’19 stood at 5.74 MnT, declined by 9% over 6.33 MnT in Apr’19.
News ID: 4810 Publish Date : 2019/06/11
