MOIL has declared Manganese Ore price s for the Nov’19, effective from 1st Nov 2019. Imported Manganese ore price s have been falling sharply and the fall in last week was up to 18%, which made the domestic price s costlier compared to the imported carbonate ores.
News ID: 7334 Publish Date : 2019/11/01
Higher price s and growing demand from titanium mill products have prompted some Chinese titanium sponge producers to resume operations or boost output this year.
News ID: 7320 Publish Date : 2019/11/08
European hot-rolled coil (HRC) price s diverged today, as expectations of a rebound in the south failed to follow the usual trend of affecting price s in the north.
News ID: 7317 Publish Date : 2019/11/08
Noranda Income Fund's zinc metal production increased by 10pc and sales grew by 8pc in the third quarter compared to a year earlier.
News ID: 7316 Publish Date : 2019/11/08
Steel Authority of India Ltd (SAIL) has received decent response for its 13,000 MT steel grade pig iron offer floated on 25th Oct'19 for sale from Bhilai Steel Plant(BSP), SteelMint learnt from trade participants. Nearly 10,000 MT pig iron was learned to have booked at base price , shared company official.
News ID: 7307 Publish Date : 2019/10/31
Indian medium and small scale rebar market has observed mix trends over the past week and as per weekly comparison price s have moved up by INR 200-600/MT in most of the regions on increase in semis price range.
News ID: 7303 Publish Date : 2019/10/31
Indian Silico Manganese producers have been under continuous selling pressure for quite some time now, and the sinking Manganese Ore price s are now an added pressure on the Silico Manganese price s. The falling ore price s are having a cascading effect on the market as the imported material will not arrive before December, yet the pressure is building up on Silico Manganese Prices
News ID: 7301 Publish Date : 2019/10/31
Billet: Yesterday, the ex-factory price of general carbon square billet in Tangshan, Changli and Qian’an was settled at RMB 3,350/MT, down RMB 10; in today’s morning session, the price of billet tends to go weak and transactions on billet are moderate while price of finished steel slips slightly.
News ID: 7115 Publish Date : 2019/10/29
With hike in Turkey imported scrap price s, price s in South Asian markets also moved up sharply. However, trades remained slow on high offers. Imported scrap market remained slow in India mid ongoing Diwali festive season. Hyundai Steel resumed bidding for Japanese scrap this week after a couple of weeks, at similar price levels.
News ID: 7108 Publish Date : 2019/10/26
According to statistics, the port inventory of chrome ore in this week is 3.299 MnT, which is 99,000 MT more than that on October 18 which was 3.2 million tons. (unpacked containers and those in bonded warehouses at Tianjin port not counted).
News ID: 7094 Publish Date : 2019/10/25
This week, low buying interest ahead of the festive holidays continue to keep Indian HR-plates price s largely supported.
News ID: 7086 Publish Date : 2019/10/24
Chinese private-sector producer Jiangsu Shagang has kept its rebar ex-works price s unchanged for early November delivery as spot price s get support from falling market inventories.
News ID: 7070 Publish Date : 2019/11/01
Nickel and cobalt producer Sherritt reduced its 2019 production guidance from its Cuba-based joint venture because of operating setbacks in the third quarter.
News ID: 7064 Publish Date : 2019/11/01
Indian Ferro Chrome industry depends equally on the export market, and with the export demand dipping, the producers are shifting to the domestic market. Few small producers are willing to reduce their price s to much lower levels to cope up with the cash crunch situations. Due to the scarcity of market transactions and the pressure on some factories, the ex-factory price of HC Ferro Chrome in the domestic market moved down by around INR1500/MT.
News ID: 7058 Publish Date : 2019/10/23
Turkish imported scrap price s have continued to surge for another week with a couple of deep-sea bookings from Baltic origins being concluded at higher price s in the last few days, SteelMint learned from market participants. The Turkish market has been very active for scrap bookings since the last week even amid continuously rising offers from global suppliers over tight supply during winters.
News ID: 7047 Publish Date : 2019/10/22
Indian Billet & Sponge iron price s slightly fluctuated by INR 100-300/MT today amid average spot trades.
News ID: 7046 Publish Date : 2019/10/22
Durgapur pellet assessment inch up: In Durgapur SteelMint’s reference, pellet price has picked marginally to INR 5,400-5,500/MT (ex-Durgapur, GST extra), against INR 5,300-5,400/MT a week ago.
News ID: 7045 Publish Date : 2019/10/22
A price floor has been temporarily reached in the US hot-rolled coil (HRC) market after a slew of $40/st increases last week helped inch price s up.
News ID: 7029 Publish Date : 2019/10/29
Market participants are hopeful of upcoming Diwali festive season to boost demand and less chances of further decline in price s in near term.Further festive holidays will keep domestic HRC price s largely supported.
News ID: 6986 Publish Date : 2019/10/16
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