With the average price of US high-volatile type A coking coal at close to $200/t fob Hampton Roads in 2018, bullish mine economics encouraged some US mining firms to increase output or even restart mines.
News ID: 8149 Publish Date : 2019/12/30
This week domestic HR plate price s witnessed uptrend by around INR 500-1000/MT W-o-W in traders market in anticipation of price hike by Indian mills in the month of Jan’20.
News ID: 8146 Publish Date : 2019/12/26
Domestic price s of PPGI (Pre-painted Galvanized Iron) in India surged by around INR 1000-1250/MT this week over improved demand and active buying prevailing in the domestic market.
News ID: 8141 Publish Date : 2019/12/27
State-owned, MSTC-Karnataka, conducted the e-auction for Manganese Ore from Sandur Mines (SMIORE) on 26 Dec' 19. The auction has received an overwhelming response, as the entire quantity of Manganese ore was booked at 27.5% higher value than the total Floor value pt the base price of Manganese ore firm for December Auction.
News ID: 8136 Publish Date : 2019/12/27
European aluminium scrap price s have risen through the final two months of this year, as Chinese demand for aluminium alloys boosted the market, but some alloy producers have warned that the market should be wary of the tightness of scrap metal supply going into 2020.
News ID: 8119 Publish Date : 2019/12/27
Natural gas price s in the Permian basin will likely decrease in the first half of 2020, Argus forward curve data suggest, despite an expected slowdown in production growth.
News ID: 8112 Publish Date : 2019/12/27
The third consecutive season with poor ammonia application is primed to add downward pressure to price s through the first quarter of 2020, although logistical bottlenecks could provide late-year support.
News ID: 8111 Publish Date : 2019/12/27
Indian Silico Manganese price s have escalated by 5% since last Monday in Raipur. Meanwhile, in Durgapur, price s remained stable with a marginal increase as compared to Raipur. The producers are affirmative and are increasing their production levels, which were discontinued in the past few months due to the lower margins in the Silico Manganese trade.
News ID: 8107 Publish Date : 2019/12/24
China's seaborne pellet price s were little changed as bids remained at around $113-114/dry metric tonne (dmt), although large Indian pellet producers were unwilling to sell at these price s because of robust domestic demand in India.
News ID: 8091 Publish Date : 2019/12/24
Plunging apparent demand, driven by slight slippage in real appetite from the automotive supply chain, and a sharp increase in imports over the first quarter provided a bleak backdrop for European producers this year.
News ID: 8085 Publish Date : 2019/12/24
Prices have moved up by USD 40/MT in a month's time amid tight availability from yards during winters.
News ID: 8039 Publish Date : 2019/12/13
Global ferrous scrap market witnessed an upwards trend for yet another week most of the major markets this week. Turkey observed one of its most active weeks in the last few months even as the price s kept climbing up every day, while offers for South Asian Markets increased by similar proportions although demand stood limited. Japanese Tokyo Steel observed hiked its scrap purchase bids this week, while China’s Shagang Steel dropped its purchase price .
News ID: 8032 Publish Date : 2019/12/14
Essel Mining - a major iron ore miner in Odisha has increased its offers for iron ore lumps by INR 300-350/MT (USD 4-5/MT). Revised price s will come into effect from 15 Dec'19. However in fines price hike made is by INR 150/MT.
News ID: 8030 Publish Date : 2019/12/14
SteelMint in conversation with market participants learned that major Raipur (Central India) based pellet manufacturers have increased offers today by INR 300/MT.
News ID: 8029 Publish Date : 2019/12/16
Following surge in Indian domestic price s, billet export offers to Nepal increased by USD 5-10/MT W-o-W. Deals for induction grade billet have been reported this week from eastern India, however primary mills are less interested to sell in Nepal owing to high offers in ocean market.
News ID: 8023 Publish Date : 2019/12/18
This week domestic HRC price s exhibited a mixed response. Prices witnessed increase by INR 500/MT in northern and southern regions, however in western and eastern regions of India price s remained range-bound.
News ID: 8018 Publish Date : 2019/12/18
The year 2019 can be called an aftermath of trade wars, restrictive tariffs, sanctions, capacity cuts and price volatility that impacted the aluminium value chain the year earlier.
News ID: 8011 Publish Date : 2019/12/18
South Korea's largest styrene monomer (SM) producer Hanwha Total is planning to further reduce operating rates.
News ID: 8005 Publish Date : 2019/12/18
Argentina plans to partially roll back an export tax on hydrocarbons to a maximum of 8pc from a previous 12pc, according to a bill that the new government of center-left president Alberto Fernandez sent to the congress this week.
News ID: 7999 Publish Date : 2019/12/18
Leading credit insurer Atradius has totally withdrawn cover on UK decoiler C Brown and Sons, which is based in Dudley in the West Midlands, according to market sources.
News ID: 7998 Publish Date : 2019/12/18