Steel

Tags - Steel
With recent price hike by JPY 500/MT, H2 scrap prices at Utsunomiya works have hit 3 months high
News ID: 3999    Publish Date : 2019/03/13

India world’s third-largest ferrous scrap importer after Turkey and South Korea has witnessed a rise of 16% Y-o-Y in ferrous scrap imports in CY18. As per customs data, India imported 5,285,427 MT ferrous scrap in CY’18 as against 4,568,471 MT recorded in CY’17.
News ID: 3998    Publish Date : 2019/03/13

During the week-8 (16-23 Feb'19), Indian steel prices in secondary market remained on a free fall owing to weak demand from the domestic buyers & strong supply.
News ID: 3975    Publish Date : 2019/03/12

Continuing macroeconomic uncertainty continues to dampen the northwest European hot-rolled coil (HRC) market.
News ID: 3972    Publish Date : 2019/03/11

Bhushan Power & Steel - a major integrated steel maker with a capacity of 3.5 MnT has recorded iron ore sourcing at 0.22 MnT in Jan'19. The sourcing witnessed drop of 32% on monthly basis as against 0.33 MnT a month ago.
News ID: 3962    Publish Date : 2019/03/11

This week Indian PPGI prices continued to remain on upside over restocking demand among end users. Bullish market sentiments on improved demand and higher raw material cost compelled Indian mills to raise PPGI offers in domestic market.
News ID: 3961    Publish Date : 2019/03/11

In the month of August 2018, U.S. had imposed a hefty preliminary anti-dumping duty (ADD) on large diameter welded pipes imported from India, China and four other countries including Canada, Greece, South Korea, and Turkey in a move to protect the domestic steel sector and lower its trade deficit.
News ID: 3958    Publish Date : 2019/03/11

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 on strong sentiments in Japan. New prices shall be effective from tomorrow.
News ID: 3936    Publish Date : 2019/03/10

Hoa Phat Steel Pipe Company Limited (HPSPCL) has announced that it will export around 1,000 tonnes of galvanised steel pipe worth USD 600,000 to India and the shipment is expected to be delivered in March 2019.
News ID: 3934    Publish Date : 2019/03/10

Rebar offers of mid sized mills in Bangladesh have remained unchanged this week amid average deals, trade participants reported.
News ID: 3933    Publish Date : 2019/03/10

Steel Mint learned from industry participants that Turkey based steel mills have slowed down scrap purchases after buying a significant volume in the last couple of weeks.
News ID: 3898    Publish Date : 2019/03/08

Steel Mint reported early this week that Indian steel mill had raised HRC export offers for Vietnam and in the latest update received, a deal has also been reported recently.
News ID: 3892    Publish Date : 2019/03/08

Following rising expectations in the market, the steelmaker has raised scrap purchase prices twice this week
News ID: 3890    Publish Date : 2019/03/08

The price of general billet in Tangshan, Changli and Qian'an yesterday was settled at RMB 3,520/MT ex-factory,up RMB 90 against prices before holidays. Today, the steel market is weak, the billet transaction is also somewhat weak, and the price of mainstream finished product tends to get down. The specific transactions are as follows:
News ID: 3860    Publish Date : 2019/03/06

Brazilian steel and iron ore producer Companhia Siderurgica Nacional (CSN) expects a 10-15pc increase in flat steel prices in March, as a result of higher slab costs owing to limited availability.
News ID: 3705    Publish Date : 2019/02/22

The Silico Manganese market in China is relatively stable. The mainstream quotations is concentrated between RMB 7,500-7,700 /MT. The plants in South China are offering at RMB150/MT more than those in North due to the high cost of manganese ore and electricity.
News ID: 3478    Publish Date : 2019/01/29

China's state-controlled Hesteel group has taken a 70pc stake in Indian producer Tata Steel 's southeast Asian steel business for $327mn.
News ID: 3459    Publish Date : 2019/01/28

Iran’s non-oil trade with Azerbaijan stood at 702,062 tons worth $326.91 million during the nine months to Dec. 21 to register a 32.74% and 35.49% increase in tonnage and value respectively compared with last year’s corresponding period.
News ID: 3448    Publish Date : 2019/01/28

According to sources, Pakistan remains in complete hibernation this week in regard to the shipbreaking industry, with no fresh sales to report. Bangladesh continues to be the main buying destination as Pakistani buyers maintain their inactive stance.
News ID: 3419    Publish Date : 2019/01/26

Pig iron prices in major producing regions - Central & Eastern India dipped to 10 month's low owing to improved supply, lessening exports as well as significant fall in domestic steel prices earlier.
News ID: 3415    Publish Date : 2019/01/26

Most Like