Steel

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Steel Authority of India Ltd (SAIL) - India's govt. owned steel maker conducted e-auction for 9,500 MT steel grade Pig iron today from its Rourkela Steel plant (RSP) based in eastern India.
News ID: 4144    Publish Date : 2019/03/25

Chinese HRC export offers inch up following strengthening domestic market - Nation’s HRC export offers continue to move in upward direction following increase in domestic prices.
News ID: 4118    Publish Date : 2019/03/22

Steel Mint learned in recent conversation with participants that imported scrap market in Pakistan has observed improved buying interest amid improving local market sentiments this week.
News ID: 4117    Publish Date : 2019/03/22

Secova Metals (TSXV: SEK) acquired this week 100% interest in 3,809 hectares of vanadium mineral claims located in three land packages in the eastern Canadian province of Quebec.
News ID: 4108    Publish Date : 2019/03/21

China's steel sector, and the imported iron ore upon which it relies, are currently locked in a struggle between largely bearish longer-term structural factors and short-term cyclical influences, some of which are bullish.
News ID: 4107    Publish Date : 2019/03/21

Steel Mint learned from industry participants that imported scrap market in Bangladesh has observed very limited trades for imported scrap amid subdued demand this week.
News ID: 4102    Publish Date : 2019/03/21

After remaining stable over the last two weeks, China’s higher grade Graphite Electrode prices plunged down by RMB 2,000/MT (USD 298/MT) this week.
News ID: 4100    Publish Date : 2019/03/21

Steel Mint learned from industry participants that Turkey’s imported scrap market has observed limited bookings so far this week at almost stable prices. However, steel mills remain hesitant to buy aggressively amid high offers and weak finish steel demand.
News ID: 4098    Publish Date : 2019/03/21

As per recent update received to Steel Mint, Iran is all set to ship its first consignment of HRC to India. As per the bulk vessel data maintained with Steel Mint an Iranian steel mill has shipped 32,000 MT HRC.
News ID: 4089    Publish Date : 2019/03/20

Major ferrous scrap markets exhibited an upward trend except for China. Prices moved up slowly amid positive sentiments in suppliers’ side and anticipation of a recovery in March demand in the near terms.
News ID: 4082    Publish Date : 2019/03/19

Steel Authority of India Ltd (SAIL) - India's largest steel maker conducted e-auction for 10,550 MT Steel grade Pig iron today from its Rourkela Steel plant (RSP) based in eastern India.
News ID: 4080    Publish Date : 2019/03/19

This week Indian HRC prices witnessed slight increase in traders market after announcement of sharp price hike by INR 1000-1500/MT by major Indian steel mills last week for March deliveries.However dull trades restricted surge in prices in trade segment this week.
News ID: 4066    Publish Date : 2019/03/18

Tokyo Steel 's 2nd price hike in March, H2 prices at Utsunomiya plant increased by Yen 3500 (USD 31) against the price revision made a month back on 14 Feb'19.
News ID: 4063    Publish Date : 2019/03/17

Steel Mint learned in recent conversation with participants that imported scrap offers to Pakistan have moved up USD 5-10/MT W-o-W as suppliers slowly turning resistive to low offers
News ID: 4062    Publish Date : 2019/03/17

Steel Authority of India Ltd (SAIL) - India's largest steel maker conducted e-auction for 13,800 MT Steel grade Pig iron today from its Rourkela Steel plant (RSP) based in eastern India.
News ID: 4059    Publish Date : 2019/03/17

India's rebar demand in secondary market has remained dull amid slow material movement at current price range, reported by market participants.
News ID: 4058    Publish Date : 2019/03/17

Graphite electrode makers around the globe had a wonderful run for almost a year starting from the latter half of 2017 amid supply-side structural changes in China which led to the promotion of steel production through electric furnace (EAF) route, ultimately resulting in the significant rise in the graphite electrodes demand and prices in China.
News ID: 4054    Publish Date : 2019/03/16

The latest reports suggest that China’s largest steel producer, Baowu Steel Group is mulling to set up its own manufacturing plant outside China in order to internationalize its business and strengthen its capacity with the intention to overcome the rising trade barriers.
News ID: 4035    Publish Date : 2019/03/15

Finish long Steel (Bar and Rod) imports in India moved up sharply by 19% in Jan’19 and registered at 51,579 MT against 43,319 MT in Dec’18, as per recent released custom data.
News ID: 4034    Publish Date : 2019/03/15

As per new price circular released, Japan’s leading EAF steel mini-mill - Tokyo Steel has raised domestic scrap purchase price further by JPY 500/MT (USD 5) at all five works effective from tomorrow (28th Feb).
News ID: 4030    Publish Date : 2019/03/15

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