Steel

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According to market sources report to Steel Mint, a major Indian steel maker has concluded a HRC export deal to Europe recently. The deal was heard to have concluded at USD 570/MT, CFR Europe.
News ID: 2955    Publish Date : 2018/12/18

Steel Authority of India Ltd (SAIL) - state owned Indian steel maker conducted auction for Steel grade Pig iron today for sale of about 8,400 MT Pig iron from its Rourkela Steel plant (RSP) based in eastern India.
News ID: 2952    Publish Date : 2018/12/18

Indian exporters who largely deals with Nepal are poised over limited deals. Nepal's re-rollers have limited their purchase for Billet & Wire rod on account of sufficient stock & low demand, which raised liquidity crunch, as per participants.
News ID: 2929    Publish Date : 2018/12/16

Head of the Iranian Steel Producers Association (ISPA) Bahram Sobhani announced that Iran is capable of producing 25 million tons of steel in the current fiscal year (ends March 21, 2019) despite the US sanctions re-imposed against Tehran.
News ID: 2907    Publish Date : 2018/12/13

China's steel consumption could fall in 2019 after it accelerated to double-digit growth this year, state-run Chinese think-tank the metallurgical planning and research institute said today.
News ID: 2879    Publish Date : 2018/12/10

Steel Mint learned in recent conversation with market participants that imported scrap market has turned silent despite marginal correction in offers. Local steel prices remained almost supported as many mills are not operating at full capacities.
News ID: 2748    Publish Date : 2018/11/29

The steel market in the fourth quarter may be more perplexed.
News ID: 2747    Publish Date : 2018/11/29

The new cost-effective spare parts management solution through the Danieli on-demand warehouse system.
News ID: 2711    Publish Date : 2018/11/26

The final text replacing the North American Free Trade Agreement (Nafta) between Canada, Mexico and the US has left key stakeholders in energy and other sectors wishing for more.
News ID: 2705    Publish Date : 2018/11/24

Chinese steel mills are cutting back on purchase of premium mainstream medium and higher grade fines and lump, seeking to increase the proportion of lower priced ores in the furnace burden amid a sharp fall in profit margins.
News ID: 2697    Publish Date : 2018/11/23

Chinese steel producer Panhua has signed an initial agreement with the Philippines government to set up a 10mn t/yr integrated steel plant in the country.
News ID: 2684    Publish Date : 2018/11/22

The powerhouses of Iranian steel production were urged to accept the challenges created by the new round of sanctions reimposed by the United States and offer workable solutions to manage the risks during the upcoming edition of the annual two-day "Iranian Steel Market Conference" (ISMC 2019).
News ID: 2681    Publish Date : 2018/11/22

Next year augurs well for the Australian coal sector. This applies to both thermal coal (used in electricity production) and metallurgical coal (used in steel production).
News ID: 2641    Publish Date : 2018/11/17

First-hand experience of the digital future no longer requires a visit to Silicon Valley. More and more companies are realising that within the quartet of technology trade fairs GIFA, METEC, THERMPROCESS and NEWCAST new and exciting topics are being addressed! “The Bright World of Metals” is focusing on digitalisation and Industry 4.0 in 2019.
News ID: 2632    Publish Date : 2018/11/16

Northwest European steel mills have concluded their first 2019 deals with automotive buyers at a rollover from this year's prices, following protracted negotiations.
News ID: 2611    Publish Date : 2018/11/14

Scrap importers in Turkey booked 3 more bulk scrap cargoes in last couple of days.
News ID: 2556    Publish Date : 2018/11/08

Russian steelmaker Severstal expects hot-rolled coil (HRC) export prices to drop to under $500/t fob by the end of the year, head of marketing Dmitry Goroshkov said ahead of the company's Capital Markets Day today.
News ID: 2526    Publish Date : 2018/11/07

This week observed mixed sentiments in major global scrap markets.
News ID: 2521    Publish Date : 2018/11/07

The steel consumption in the US is projected at 101.2 million tonnes next year, up from an estimated 99.9 million tonnes this year
News ID: 2446    Publish Date : 2018/10/25

Following hike in HRC,CRC prices in beginning of this week,major Indian steelmakers have increased PPGI prices by around INR 1,250-2,000/MT in domestic market.
News ID: 2432    Publish Date : 2018/10/13

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