Steel

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Global scrap prices showed mixed trends this week. Turkey scrap prices improved on increased demand for restocking ahead Ramadan. It is likely to keep prices supported but upside seems limited.
News ID: 4405    Publish Date : 2019/05/04

This week Chinese steel prices surge in the beginning of the week and witness decline towards the weekend over fluctuating futures. Meanwhile export offers inched up on weekly basis .
News ID: 4404    Publish Date : 2019/05/04

As per new price circular released, Japan’s leading EAF steel mini-mill - Tokyo Steel has lowered the domestic scrap purchase price by further JPY 500/MT (USD 5) at all five works in Japan.
News ID: 4399    Publish Date : 2019/05/02

Indian Steel prices marginally fluctuated by INR 100-200/MT today on average demand in major markets. The trade volumes remains less today over festive mood, as reported by participants.
News ID: 4398    Publish Date : 2019/05/02

South Korea Billet export down 33% Q-o-Q in Q1 CY’19- The nation’s billet exports fell significantly by 33% in Q1 CY’19 to 0.10 MnT which was 0.15 MnT in Q4 CY’18.
News ID: 4396    Publish Date : 2019/05/02

Steel Mint in recent conversation with medium scale rebar manufacturers learned that, demand has been average in major markets.
News ID: 4380    Publish Date : 2019/04/29

As per new price circular released, Japan’s leading EAF steel mini-mill - Tokyo Steel has lowered domestic 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 (16th Apr'19).
News ID: 4377    Publish Date : 2019/04/29

Major global scrap markets observed price correction on weak demand globally. Turkish steel mills booked cargoes at lowered prices amid subdued steel demand. Japan's monthly Kanto tender for Apr'19 fetched bids lower by USD 15 against last month.
News ID: 4364    Publish Date : 2019/04/20

This week Indian HRC prices witnessed marginal increase in domestic market post recent hike by major Indian steel mills by INR 500-1000/MT in the beginning of this month.
News ID: 4327    Publish Date : 2019/04/11

The total iron ore & pellet imports in CY18 witnessed at 1,342 MnT. Amongst the major importing countries include China, Japan, India, South Korea, and Bahrain.
News ID: 4326    Publish Date : 2019/04/11

JSW Steel , India's largest private steel producer has released its operational performance results today for FY18-19. As per results company’s long steel and flat steel output witnessed growth in FY19. With this the company achieved 99.6% of production guidance of 16.75 MnT.
News ID: 4309    Publish Date : 2019/04/11

Turkey, the world's largest ferrous scrap importer has observed a sharp fall in imports of raw materials like Ferrous Scrap, Iron Ore, Coal and Ferro Alloy in Feb'19.
News ID: 4305    Publish Date : 2019/04/11

Major global scrap markets observed price correction this week. Turkish scrap importers remained away from bulk bookings amid political uncertainty pulling prices down against last week.
News ID: 4282    Publish Date : 2019/04/09

Steel Mint in conversation with trade participants in Bangladesh shared that imported HRC offers fell by USD 5-10/MT as Chinese steel prices started softening in domestic and global market.
News ID: 4264    Publish Date : 2019/04/09

Indian govt has initiated investigation of anti-dumping on the imports of Aluminum and Zinc coated flat products originating in or exported from China PR, Vietnam and Korea RP.
News ID: 4241    Publish Date : 2019/04/08

Neelachal Ispat Nigam Ltd (NINL) - India’s largest and state-owned steel grade pig iron manufacturer & exporter has rolled-over steel grade pig iron prices today.
News ID: 4239    Publish Date : 2019/04/08

Manganese Ore India Ltd (MOIL), a Mini Ratna Schedule-A CPSE, under the administrative control of the Ministry of Steel , is the largest producer of manganese ore in the country
News ID: 4234    Publish Date : 2019/04/08

With the end of winter heating season in March, Steel makers in China's largest steel producing city Tangshan and another city Handan will be required to continue the production cuts for second quarter starting from April till June 2019 as a part of local government’s efforts to improve air quality.
News ID: 4215    Publish Date : 2019/04/07

Steel Mint learned in conversation with industry participants that after booking actively during last week, Pakistan scrap importers have slowed down purchases since past couple of days.
News ID: 4214    Publish Date : 2019/04/07

Imported HRC offers to Vietnam inched down in the beginning of the week by USD 5/MT amid weak buying interest among end users in Vietnam.
News ID: 4200    Publish Date : 2019/04/06

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