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Southern India based pellet maker - KIOCL has concluded pellet export deal recently via tender floated. The company had floated export tender offering 50,000 MT pellet consisting of Fe 64% content with less than 2% Al for which the bid due date was 14 May’19.
News ID: 4553    Publish Date : 2019/05/16

Eastern China ’s largest private ferrous scrap consumer and EAF steelmaker - Shagang Jiangsu Steel group has lowered steel scrap purchase price for all grades by RMB 40/MT (USD 5.8) effective from today (15th May’19).
News ID: 4548    Publish Date : 2019/05/16

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

According to General Administration of Customs, China - the world's largest iron ore consumer and importer, recorded fall of 7% in iron ore imports to 80.77 MnT in Apr'19 against 86.42 MnT in Mar'19
News ID: 4520    Publish Date : 2019/05/14

SteelMint in conversation with trade sources learned that, steel mills in Vietnam have recently booked imported HRC with China for June shipments.
News ID: 4518    Publish Date : 2019/05/14

Indian Ferro Chrome prices fell again for consecutively five weeks in line with lacklustre stainless steel demand, prompting Stainless Steel producers to reduce production, and thereby adversely affecting demand for Ferro Chrome.
News ID: 4516    Publish Date : 2019/05/14

China iron ore future edged up 4% today due to supply crisis from Vale over delay in resumption at Brucutu mines. Vale on Monday (6th May) was ordered by the Minas Gerais Court of Justice (Tribunal de Justiça do Estado de Minas Gerais - "TJMG") to hold production at its Brucutu mines.
News ID: 4512    Publish Date : 2019/05/14

Prevailing holidays in key countries like China , Japan and Vietnam, kept trades on lower side last week.
News ID: 4503    Publish Date : 2019/05/14

Indian iron ore export volumes increased by 14% to 1.36 MnT as against 1.19 MnT in Mar’19. On yearly basis, iron ore export increased by 15% as against 1.18 MnT in the month of April’18 last year. Iron ore exports from India have climbed to 1-year high as similar level of exports was last seen in Mar’18 at 2.63 MnT.
News ID: 4496    Publish Date : 2019/05/10

According to data maintained with SteelMint, Indian pellet export volumes for Apr'19 have been recorded at 0.88 MnT, down 25% on monthly basis as against 1.17 MnT a month ago.
News ID: 4495    Publish Date : 2019/05/10

Hot-rolled coil prices rose by RMB 20,and 1500mm wide flat sheet by first-tier mill offered at RMB 3,910/MT, second-tier at RMB 3,900/MT while Q345 flat sheet at RMB 4,070/MT. Transaction is good.
News ID: 4468    Publish Date : 2019/05/09

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

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