China

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China - world’s largest consumer of ferrous scrap has witnessed a significant fall in its exports of ferrous scrap in Q1'2019 on yearly premises.
News ID: 4441    Publish Date : 2019/05/07

India pellet export market remains quiet this week. Indian pellet makers were heard offering Fe 64/63% pellets with 3% Alumina at USD 119-120/MT CFR China but no deals were reported.
News ID: 4436    Publish Date : 2019/05/06

Market sources shared with SteelMint that steel importers based in Bangladesh are actively booking imported HRC from China , Japan and Korea for June shipments.
News ID: 4431    Publish Date : 2019/05/06

Demand for medium grade iron ore fines continues to remain robust from Chinese steel mills. SteelMint in conversation with market participants learned that one of the merchant miners in Odisha has recently concluded low-grade iron ore fines (Fe 58/57%) to China at around USD 56-58/MT FoB India for May’19 loading.
News ID: 4427    Publish Date : 2019/05/06

According to National Bureau of Statistics, China - world's largest consumer and importer of iron ore has witnessed fall in crude iron ore production for Q1 CY’19.
News ID: 4406    Publish Date : 2019/05/04

Yesterday, the ex-factory price of general carbon billet in Tangshan,Changli and Qian’an was settled at RMB 3,560/MT down RMB 20/MT. Today, the billet transaction is tepid, and the price of most finished products is running low. The specific transactions are as follows:
News ID: 4383    Publish Date : 2019/04/29

Anti-dumping duty on imports of Ductile Iron (DI) pipes further extended till 09th May 2019, as per recent notification by Indian government.
News ID: 4348    Publish Date : 2019/04/12

The global nickel market and its key growth sector, electric vehicle (EV) batteries, will face grave supply shortages unless key Chinese-led projects in Indonesia start up in a timely and cost-effective manner, analysts said on Thursday.
News ID: 4340    Publish Date : 2019/04/12

It’s been a stormy month for benchmark coal prices in Asia, with the potential for reverberations across the globe.
News ID: 4338    Publish Date : 2019/04/12

China ’s major steelmaker - Baosteel has announced flat steel prices for May deliveries today. The company has kept its HRC, CRC prices unchanged.
News ID: 4328    Publish Date : 2019/04/11

First Cobalt Corp aims to restart an idled cobalt refinery in Canada within two years and is in talks to supply the battery-grade product to four leading automakers, chief executive Trent Mell said on Wednesday.
News ID: 4317    Publish Date : 2019/04/11

Australian rare earths miner Lynas Corp (ASX: LYC) said Wednesday its board has rejected a A$1.5bn (about $1.1B) takeover proposal from Australian retail and industrial conglomerate Wesfarmers.
News ID: 4316    Publish Date : 2019/04/11

Iron ore exports from India may hit 5 million tonnes (MnT) in Q1 FY20 on high demand for low grade from China , according to SteelMint analysis.
News ID: 4311    Publish Date : 2019/04/11

Eastern India based pellet maker - Brahmani River Pellets has recently concluded pellet export deal to China , SteelMint learned from company officials. Deal for 60,000 MT pellets with Fe 64% and 3% Al was learned to be concluded at around USD 117/MT, CFR China for April shipment.
News ID: 4304    Publish Date : 2019/04/11

This week Chinese steel market exhibited mixed sentiments as the steel export offers softened despite hike in domestic prices. Chinese HRC and rebar export offers inched down this week amid public holidays and subdued trades
News ID: 4279    Publish Date : 2019/04/09

China ’s natural gas demand is set to grow by 14% in 2019 amid a huge government push to spur consumption of the fuel, a senior industry executive said, requiring the nation to import huge amounts of liquefied natural gas.
News ID: 4272    Publish Date : 2019/04/09

China ’s on a bullion-buying spree. The world’s second-largest economy expanded its gold reserves for the fourth straight month, adding to optimism that central banks globally will continue to build holdings.
News ID: 4261    Publish Date : 2019/04/08

Following a mediation session led by representatives of Peru’s national government, Indigenous leaders and executives from Minera Las Bambas, a subsidiary of China ’s MMG, reached an agreement that puts an end to a 2-month long conflict at Las Bambas copper mine.
News ID: 4258    Publish Date : 2019/04/08

According to data maintained with SteelMint, Indian pellet export volumes have remained majorly stable on yearly basis. Pellet export volumes were registered at 9.22 MnT in FY'19 against 8.96 MnT in FY'18.
News ID: 4245    Publish Date : 2019/04/08

The oil market has all but forgotten last year’s price crash.Money managers have not been this optimistic about US oil prices since early October, just before the crude market began a steep decline on fears of a global oversupply, Bloomberg reported.
News ID: 4221    Publish Date : 2019/04/07

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