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
With the end of winter heating season in March, Steelmakers in China 's largest steel producing city Tangshan and another city Handan will be required to continue the production cuts for second quarter starting from April till June 2019 as a part of local government’s efforts to improve air quality.
News ID: 4215 Publish Date : 2019/04/07
Renewable energy demand and capacity are growing explosively. When looking at numbers for wind energy production, China stands above all other countries.
News ID: 4204 Publish Date : 2019/04/06
Spot iron ore fines Fe 62% index has today jumped by almost USD 3.2/MT against yesterday and closed today at USD 87.05/MT, CNF China .
News ID: 4183 Publish Date : 2019/04/04
Eastern China ’s largest private ferrous scrap consumer and EAF steelmaker - Shagang Jiangsu Steel group has lowered steel scrap purchase prices for all grades by RMB 40/MT (USD 6) effective from today (28th Mar’19).
News ID: 4181 Publish Date : 2019/03/30
Market sources in conversation with SteelMint shared that imported HRC offers to Vietnam have inched down this week by USD 5-10/MT amid competitive offers from steel mills in China .
News ID: 4165 Publish Date : 2019/03/29
Glencore in talks to sell Philippine copper smelting unit
Rasul Khalife Soltani, Secretary of the Iranian Steel Producers Association on the sidelines of the 1403 Steel Symposium:
Mobarakeh steel is producing green steel through scrap recycling
India’s record gold import said to be due to calculation error
Volkswagen buys 9.9% of Patriot Battery Metals for $48 million
Sibanye raises $500m via metals streaming deal with Franco-Nevada
Norge Mining acquires Europe’s largest natural graphite producer
Mercuria partners with Zambia on metals trading venture
Aluminum price falls to one-month low in wider commodity slump
Skeena advances Eskay Creek permitting, unlocks Orion funding
Lure of Anglo’s copper mines could test BHP’s spending resolve
Copper giant Peru foresees another production plateau in 2025
Iron ore price weakens as Australia flags return to sub-$100 prices
Nickel price hits 4-year low as gloom offsets potential Indonesia cuts
Mercuria partners with Zambia on metals trading venture
Sibanye raises $500m via metals streaming deal with Franco-Nevada
Triple Flag to acquire royalty on Tres Quebradas lithium project
Volkswagen buys 9.9% of Patriot Battery Metals for $48 million
Aluminum price falls to one-month low in wider commodity slump
India’s record gold import said to be due to calculation error
Lure of Anglo’s copper mines could test BHP’s spending resolve
Iron ore price weakens as Australia flags return to sub-$100 prices
Nickel price hits 4-year low as gloom offsets potential Indonesia cuts
Sibanye raises $500m via metals streaming deal with Franco-Nevada
Triple Flag to acquire royalty on Tres Quebradas lithium project
Volkswagen buys 9.9% of Patriot Battery Metals for $48 million
Aluminum price falls to one-month low in wider commodity slump
India’s record gold import said to be due to calculation error
Glencore in talks to sell Philippine copper smelting unit
