Drops in steel prices and quota exhaustion changed the trade flows for certain products in and out of the EU in September, Eurofer data show.
News ID: 7486 Publish Date : 2019/11/15
One of India's largest steel producer - Vizag Steel, state owned steel maker under the Ministry of Steel, had invited a tender for export of 8,127 Billets, 8,127 MT Wire Rod and 5,418 MT Bloom to Nepal on 17th Sep'19.
News ID: 6700 Publish Date : 2019/10/03
Finished long steel demand with medium scale mills in India has slightly improved resulting in recent spike in price range, as per weekly comparison.
News ID: 6459 Publish Date : 2019/09/12
Vizag Steel also known as RINL, the state-owned steel maker under the Ministry of Steel, had invited tender for export of 10,836 MT billets, 5,418 MT blooms and 8,127 MT wire rod to Nepal on 30th Jul'19.
News ID: 6036 Publish Date : 2019/08/18
Indian steel prices fall further due to weak demand & strong supply in across markets and as per daily assessment the prices drop by INR 100-400/MT(upto USD 6).
News ID: 5247 Publish Date : 2019/07/17
As per trade sources report, limited inquiries from domestic buyers has resulted most of manufacturers in Durgapur (eastern India) to explore export opportunities. Mills are giving priority to export deals to clear inventories.
News ID: 4979 Publish Date : 2019/07/02
Indian steel prices remain slightly surge by INR 100-400/MT on improved inquiries from the domestic buyers. The mid sized mills have raised Billet prices by INR 100-400/MT, Rebar by INR 100-300/MT & Sponge iron by INR 100-200/MT day on day in major markets.
News ID: 4623 Publish Date : 2019/05/22
Indian spot steel prices sharply surge by INR 300-600/MT in a day on improved demand in finished steel products amid positive outlook. The sources have reported better response from the stockiest & end user segment.
News ID: 4617 Publish Date : 2019/05/22
A government owned steel mill located in eastern India has concluded Wire rod export deals to Nepal for about 8,000-10,000 MT, SteelMint learned from trade sources.
News ID: 4595 Publish Date : 2019/05/20
Indian Steel prices further drop owing to limited trade activities, as reported by participants. The prices on daily assessment fell by INR 100-600/MT through the mid sized mills.
News ID: 4507 Publish Date : 2019/05/14
Participants reported less inquiries from the re-rollers end resulted gradual decline in Billet & Sponge iron prices by INR 100-300/MT day on day in major markets.
News ID: 4499 Publish Date : 2019/05/14
Spot steel prices remain volatile following subdued trade activities in domestic market. As per participants, average movement in Semis products, while in finished products stocks have been rise with the mid sized mills.
News ID: 4443 Publish Date : 2019/05/07
Rashtriya Ispat Nigam Limited (RINL)- the state-owned steel maker under the Ministry of Steel, has invited a tender for export of 10,000 MT wire rod and 30,000 MT billets.
News ID: 4163 Publish Date : 2019/03/29
Indian Semis prices further drop owing to lack of demand and strengthening supply, as per participants. The prices fall by INR 100-500/MT (upto USD 7), day on day.
News ID: 3931 Publish Date : 2019/03/10
Indian mid sized mills have reduced wire rod export offers to Nepal by around USD 10-15/MT in the last one week, according to SteelMint's weekly assessment. Current offers for 5.5 mm reported at USD 510-515/MT on ex-mill basis (at Durgapur), which is equivalent to USD 535-540/MT CNF Nepal Raxaul land border.
News ID: 3366 Publish Date : 2019/01/23
At the opening of the market today, the mainstream quotation of construction steel in Shanghai market was slightly up, and the market's upward trend narrowed following the decline in rebar futures price during the trading hours
News ID: 3019 Publish Date : 2018/12/21
Chinese billet prices notice stability after a sharp fall. Domestic prices increased by RMB 60 ($9) in last two days.
News ID: 2780 Publish Date : 2018/12/02
Active buying interest for Indian billets from Nepal. However for commercial grade Wire rod demand remained weak as per the trade participants.
News ID: 2240 Publish Date : 2018/09/24
Vietnam's domestic steel producer - Formosa Ha Tinh Corporation has today announced fresh steel offers for Nov’18 shipments. Company revises its HRC & wire rod offers on monthly basis which is considered as the benchmark for Vietnamese buyers.
News ID: 2233 Publish Date : 2018/09/22
Danieli contracted to supply another advanced technology rolling mill and high-speed caster to Pittini Group
News ID: 821 Publish Date : 2017/01/06