Vietnam’s domestic steel producer - Formosa Ha Tinh has today announced its monthly revision in its steel price s. The company has raised its HRC offers sharply by USD 25/MT for Sept shipments.
News ID: 5298 Publish Date : 2019/07/18
SteelMint learned in recent conversations with industry participants that imported scrap offers to Pakistan have sharply declined over the last week on softening of price s globally, while trades in good volumes were concluded at favorable price s, with buyers taking advantage of India’s continued absence in the market.
News ID: 5249 Publish Date : 2019/07/17
This week Chinese steel price s witnessed downside over volatile futures.Meanwhile this in turn resulted to marginal decline in export offers from China.
News ID: 5238 Publish Date : 2019/07/17
In the first quarter of 2019, the global gold market continued to recover from the two-year lowest average price point of $1,213/ozt recorded in Q3 2018, rebounding to $1,304/ozt in Q1 2019, the second consecutive quarter of growth.
News ID: 5226 Publish Date : 2019/07/16
A total of 30,000t of third-quarter 2019 ICI 4 derivatives contracts traded today but trading activity was scarce in the physical market, with bids and offers softening.
News ID: 5194 Publish Date : 2019/07/15
MUMBAI/BENGALURU – Physical gold buying stalled in top Asian hubs this week as consumers sold back bullion to cash in on a steep price rally, while a recent import duty hike further dented waning interest in an Indian market hit by a surge in local rates.
News ID: 5152 Publish Date : 2019/07/14
Battery metals tracker Adamas Intelligence says electric vehicle manufacturers deployed 57% more nickel in passenger EV batteries in May this year, compared to 2018.
News ID: 5150 Publish Date : 2019/07/13
Indian Ferro Silicon price s are at bottom levels due to bearish Stainless Steel and Steel market condition. Many producers are trading at below their production cost in India to lower the inventory. A Bhutan based producer reported that they are in no profit no loss situation with such rates of Ferro Silicon.
News ID: 5142 Publish Date : 2019/07/13
Indian Sponge iron export offers to Bangladesh continued down trend on account of falling price s in Indian domestic price s.
News ID: 5122 Publish Date : 2019/07/11
World's second largest exporter of iron ore - Brazil has recorded iron ore export volumes at 29.40 MnT in June'19 (data complied is for 19 working days), down slightly as compared to May'19 exports at 29.83 MnT, according to trade statistics released by Brazil customs. On yearly basis, exports dropped 17% as against 35.31 MnT in June'19.
News ID: 5040 Publish Date : 2019/07/06
As per updates received from sources, eastern China’s largest private ferrous scrap consumer and EAF steelmaker - Shagang Jiangsu Steel group likely to announce the price hike for all grades of domestic steel scrap purchase by RMB 70-100/MT (USD 10-15) effective from today (29th June’19). The specific price s shall be based on the price of 2019-F10.
News ID: 4981 Publish Date : 2019/07/02
Global ferrous scrap price s observed mix trend this week. Turkey has observed rebound by USD 12-13/MT in recent deals, following which global offers from US and European markets likely to revive reflecting in an increase in imported scrap price s in South Aisa and East Asia in upcoming days.
News ID: 4977 Publish Date : 2019/07/02
Indian Ferro Manganese price s remained unchanged from the previous week in both domestic as well as export market. Domestic market is still highly affected by the Malaysian imports
News ID: 4578 Publish Date : 2019/05/19
Iron ore fell to a record low on a spot price basis this week. On Friday the Northern China 62% Fe import price including freight and insurance (CFR) managed to lift 10c off the record low to trade at $43.50 a tonne, down more than 12% in a month. Caption : Bottom fishing in Tianjin - pricing point for seaborne iron ore
News ID: 91 Publish Date : 2015/11/30