Imported HRC market in Vietnam has observed some deals being concluded last week. A confirmed trade deal heard of around 30,000-40,000 MT of HRC booked by a major Indian steelmaker . However, the deal price could not be confirmed at the time of reporting this article.
News ID: 7422 Publish Date : 2019/11/11
Bangladesh's bulk scrap market has remained quite active over the last one month with several bulk vessel bookings for November and December shipments being concluded, despite of the ongoing uptrend in prices.
News ID: 7413 Publish Date : 2019/11/08
International steelmaker ArcelorMittal will temporarily shut its blast furnace in Krakow, Poland, on 23 November until steel demand recovers.
News ID: 7378 Publish Date : 2019/11/12
More US flat-rolled steel producers pushed price increases of $40/st today after electric arc furnace (EAF) steelmaker Nucor and integrated steelmaker ArcelorMittal announced price hikes yesterday.
News ID: 7314 Publish Date : 2019/11/08
Luxembourg-based ArcelorMittal has today notified the Italian government of its intention to withdraw from the lease agreement for steelmaker Ilva, giving the extraordinary commissioners 30 days to take responsibility for the assets.
News ID: 7117 Publish Date : 2019/11/04
Integrated steelmaker US Steel said it will prioritize buying the remaining shares of electric arc furnace (EAF) steelmaker Big River Steel, a day after its initial 49.9pc stake purchase closed.
News ID: 7063 Publish Date : 2019/11/01
Ukrainian steelmaker Metinvest does not expect global steel markets to recover until at least the second half of next year, chief executive Yuriy Ryzhenkov told Argus today on the sidelines of the European Steel Conference convened by World Steel Dynamics in Milan.
News ID: 7021 Publish Date : 2019/10/30
Integrated steelmaker ArcelorMittal announced a $40/st price increase today for US flat-rolled products, the first price increase since July.
News ID: 6950 Publish Date : 2019/10/24
Iran's biggest steelmaker Mobarakeh Steel Company's sales in the domestic market are expected to exceed 350 trillion rials ($3.07 billion) by the end of the current fiscal year (March 19, 2020), says the managing director of the company.
News ID: 6842 Publish Date : 2019/10/21
Integrated steelmaker US Steel is working to transform itself as it takes the plunge into scrap-fueled electric arc furnace (EAF) steel production, at a time when the steel market is slowing along with the global economy in the face of trade-war headwinds.
News ID: 6619 Publish Date : 2019/10/11
In recent conversations with industry participants, SteelMint learned that imported scrap prices to South East Asia have moved down significantly over the last 2 weeks, amid recent global downturn and slow demand domestically.
News ID: 6444 Publish Date : 2019/09/10
Eastern China’s largest private ferrous scrap consumer and EAF steelmaker – Shagang Jiangsu Steel group has announced another price cut for all grades of domestic steel scrap procurement by RMB 30/MT (USD 4) effective from today 8th Aug’19. Notably, this is the second successive price lowering announced this week.
News ID: 5974 Publish Date : 2019/08/16
Global ferrous scrap prices remained majorly rangebound on limited trades being reported. Turkey steelmaker s remained totally silent, however, increasing domestic scrap prices in US and expected improvement in the Japanese scrap prices likely to pull spot scrap prices up in the coming days. Chinese scrap prices hit a record high with the recent hike announced for domestic scrap purchase by Shagang Steel.
News ID: 5767 Publish Date : 2019/08/06
The European steelmaker s association – EUROFER has recently lowered their outlook for real and apparent steel consumption for rest of the year.
News ID: 5550 Publish Date : 2019/07/29
A court in Egypt has overruled objections by the government to the overturning of steel billet import sanctions, meaning the 15pc duty cannot be charged.
News ID: 5230 Publish Date : 2019/07/16
China’s major steelmaker Baosteel recently announced flat steel prices for June deliveries. The company has rolled over its flat steel prices for second consecutive month.
News ID: 4541 Publish Date : 2019/05/16
Hamidreza Azimian, the managing director of Mobarakeh Steel Company (MSC), met with the minister of Industries, Mines and Trade on March 13, 2019 to present a report to the industry chief on the performance of the giant steelmaker .
News ID: 4359 Publish Date : 2019/04/17
The country no longer needs to import metal straps used in bundling and in transportation of various products, said Ali Akbar Bateni, the chief technical officer of the Cold-Rolling Mill of Mobarakeh Steel Company (MSC).
News ID: 4358 Publish Date : 2019/04/17
An education-welfare center for teachers was launched in Mobarakeh on Benevolence Day (March 5), with the education minister in attendance.
News ID: 4356 Publish Date : 2019/04/17
The European hot-rolled coil market appears to be in holiday mood despite approaching the seasonally strongest second quarter of the year.
News ID: 3884 Publish Date : 2019/03/07
Iran Alloy Steel Company intends to purchase 12 tons of ferrotungsten through public tender
Iran Alloy Steel Company intends to purchase 150 tons of Low-Carbon Ferro Manganese through public tender
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Iran Alloy Steel Company intends to purchase 12 tons of ferrotungsten through public tender
Iran Alloy Steel Company intends to purchase 150 tons of Low-Carbon Ferro Manganese through public tender
Earth AI, Legacy Minerals make first greenfield palladium discovery using artificial intelligence
Mexico’s proposed higher mining royalties could block nearly $7bn in investments
Sierra Leone woos miners to clean energy with $11 billion plan
Alrosa plans production cuts and staff reduction for 2025
Chile’s rare salt flat fish face threat from lithium mining project
Endeavour Silver raises $73m for Pitarrilla project
Chile’s rare salt flat fish faces threat from lithium mining project