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The United States and the United Kingdom initiated formal negotiations on a free trade agreement on 5th May’20, assuring to work quickly to obtain a deal that could prevent the worst economic impacts of COVID-19.
News ID: 9389    Publish Date : 2020/05/08

Global ferrous scrap market witnessed downward trend in prices for all major markets yet again. Turkish buyers returned to the market with numerous bookings at lower prices. Offers to South Asian markets moved down, while 3 US origin Bulk cargoes were booked to Market and Pakistan, although container shortage freight rates remain an issue. Japan's scrap export prices saw decline, while China's Shagang Steel kept its bids unchanged this week.
News ID: 8822    Publish Date : 2020/03/14

Iranian billet export offers witnessed a marginal increase amid active domestic demand. However, no export deals were reported during the week.
News ID: 8565    Publish Date : 2020/02/27

Russian scrap offers to South Korea increased significantly, according to recent release reports. Offers to South Korea up by USD 15-20/MT as against last week, however, no fresh bookings at these levels have been concluded as yet.
News ID: 8139    Publish Date : 2019/12/27

Vietnam, one of the leading ferrous scrap importer witnessed a sharp fall in ferrous scrap imports in Nov’19, as it imported 0.32 MnT scrap in the month, down by 29 % M-o-M as compared to 0.45 MnT scrap imported in Oct’19, as per the recent data released by the country’s customs department.
News ID: 8040    Publish Date : 2019/12/13

Vietnam imported scrap offers up USD 5-10/MT W-o-W: Offers for imported scrap to Vietnam have observed a slight increase this week on account of ongoing strengthening in the Japanese scrap market as well as the recent surge witnessed in fresh trades to Turkey.
News ID: 8024    Publish Date : 2019/12/16

Bangladesh scrap market has turned active in terms of bulk scrap bookings. The steel market has witnessed another fresh bulk cargo bookings this week.
News ID: 7964    Publish Date : 2019/11/29

SteelMint learned from industry participants that imported scrap offers to South-East Asia have slightly increased this week, after observing a sharp hike in the previous week.
News ID: 7418    Publish Date : 2019/11/11

Kennametal Inc., Pittsburgh, Pennsylvania, USA , has formed a new Additive Manufacturing materials and production business unit, Kennametal Additive Manufacturing, as part of its Infrastructure segment. The new business unit, which has reportedly begun shipping production parts to customers, combines the company’s experience in materials science and wear-resistant solutions with its AM capabilities to supply high-performance metal powders and finished AM parts for wear, erosion, corrosion, and high temperature applications.
News ID: 7324    Publish Date : 2019/11/07

As per the data released by the World Steel Association (WSA), total crude steel production of 64 steel manufacturing countries stood at 1,391.067 MnT in (Jan-Sep) CY'19 as compared with 1,339.494 MnT in a similar time frame of CY'18.
News ID: 7091    Publish Date : 2019/10/25

JSW Steel USA 's plate steel production increased in the latest quarter from the prior year, but utilization rates remained low.
News ID: 6949    Publish Date : 2019/10/24

As per the data recently released by Chinese Customs, the nation's finished steel exports witnessed a decline of 8% to 15.9 MnT in Q3 CY'19 which was 17.37 MnT in the previous quarter.
News ID: 6939    Publish Date : 2019/10/14

Steelmaker NLMK USA 's sales volumes fell in the third quarter on lower pipe and galvanized shipments.
News ID: 6659    Publish Date : 2019/10/15

SteelMint learned in recent conversations with industry participants that imported scrap offers to Pakistan and Bangladesh have further dropped this week, as Turkish scrap prices continuing to decline in recent deep sea cargo bookings.
News ID: 6450    Publish Date : 2019/09/11

Almex USA Inc. has announced its selection as the technology and equipment provider for the future casthouse of Western Extrusions Corporation of Carrollton, Texas, USA . Western is one of the leading independent aluminum extruders in North America and its Carrollton facility among the largest in America at a single site.
News ID: 6062    Publish Date : 2019/08/19

Full Order Books – Krapohl-Wirth Company Group Satisfied with the Result of GIFA in June 2019 in Dusseldorf, Germany
News ID: 5795    Publish Date : 2019/08/06

Inductotherm Heating & Welding is pleased to announce the successful Factory Acceptance of a new Banyard induction heater to Hydro Extrusion USA . The heater is combined with a Banyard LFi Smart System, and includes of a Zero Friction, Multi Zone Coil Induction Heater for 10” Aluminium Billets, for the new 10” Cressona High Performance Automotive Press.
News ID: 5792    Publish Date : 2019/08/06

O.M.LER srl: GREAT SUCCESS OF THE LAST GIFA FAIR EDITION AND IMPORTANT PARTNERSHIP WITH WORLDWIDE DISTRIBUTORS
News ID: 5609    Publish Date : 2019/07/30

In recent conversation with industry participants SteelMint learned that steel mills in Bangladesh have turned active for bulk bookings. It is learnt that 2 bulk cargos for ferrous scrap were booked recently from USA and Japan, to Bangladesh
News ID: 5240    Publish Date : 2019/07/17

Medium size re-rollers in Bangladesh have slightly increased their rebar offers towards the beginning of the week due to changes in tax structure.
News ID: 5141    Publish Date : 2019/07/13

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