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Chinese HRC export offers inch up on tight availability- The Chinese mills have slightly raised their HRC export offers for the first time since Aug'19 when the prices had started to decline. Currently, China HRC export offers stand around USD 430-440/MT FoB China, up by USD 5-10/MT in comparison with USD 425-430/MT in the previous week.
News ID: 7111    Publish Date : 2019/10/29

This week global billet market witnessed limited trades. Billet export offers from all the major markets witness a rise amid increase in Turkey’s imported scrap prices.
News ID: 7110    Publish Date : 2019/10/26

Iran is estimated to surpass a target of $9 billion worth of steel export s set for the end of the current local calendar year on March 21, 2020 by more than 30%, Deputy Industries Minister Jafar Serqini said, adding that the country has already export ed $6 billion worth of the metal in the first half, despite all bans imposed by the US.
News ID: 7085    Publish Date : 2019/11/01

Governor of the Central Bank of Iran (CBI) Abdolnasser Hemmati in an Instagram post said despite the United States' growing sanctions against against Iran, his nation's economy is moving forward in areas of trade, including both oil and non-oil export s.
News ID: 7082    Publish Date : 2019/11/02

Negotiations for November domestic ferrous scrap supply contracts are about to start in Germany.
News ID: 7065    Publish Date : 2019/11/01

Indian billet and pig iron export s turn active on renewed buying interest from Chinese traders.
News ID: 6991    Publish Date : 2019/10/16

Market participants are hopeful of upcoming Diwali festive season to boost demand and less chances of further decline in prices in near term.Further festive holidays will keep domestic HRC prices largely supported.
News ID: 6986    Publish Date : 2019/10/16

As per the data recently released by Chinese Customs, the nation's finished steel export s 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

According to market sources report to SteelMint, Indian pellet export market turn active amid decent deals concluded by pellet makers recently.
News ID: 6938    Publish Date : 2019/10/14

US iron ore producer Cleveland-Cliffs cut its 2019 sales volume expectations for iron ore pellet by 2.5pc amid lower third quarter volumes, unfavorable export economics and timing issues.
News ID: 6898    Publish Date : 2019/10/23

This week global billet market was reported trade operative as major markets like CIS and Iran witnessed some trades and market sentiments were seen getting improved.
News ID: 6869    Publish Date : 2019/10/12

This week Chinese steel prices exhibited downtrend over volatile futures. However, the nation’s export offers remain largely stable post holidays.
News ID: 6862    Publish Date : 2019/10/12

Iranian First Vice-President Eshaq Jahangiri said the volume of the country’s export s in the first half of the current Iranian year has risen by 22 percent compared to last year in spite of the foreign sanctions.
News ID: 6843    Publish Date : 2019/10/22

Iranian trucks transited 9.08 million tons of commodities through the country during the last Iranian year (March 2018-19) to register a 2.18% decline compared with the previous year, according to latest data released by the Road Maintenance and Transportation Organization of Iran, affiliated with the Ministry of Roads and Urban Development.
News ID: 6839    Publish Date : 2019/10/21

South Korean export s of electric vehicles (EVs) during January-September rose by 144pc from a year earlier to 49,160 units, supporting increased demand for cobalt and other key battery materials.
News ID: 6800    Publish Date : 2019/10/21

India has recorded sharp growth in billet/bloom export shipments against last month. Based on data of ports maintained with SteelMint, India has export ed approximately 181,310 MT of billets and blooms in Sep’19 against around 64,000 MT in Aug’19.
News ID: 6793    Publish Date : 2019/10/05

According to data maintained with SteelMint, Indian pellet export volumes in Sep'19 were recorded at 1.11 MnT, down 22% on monthly basis as against 1.42 MnT a month ago.
News ID: 6792    Publish Date : 2019/10/05

Iran became a permanent member of the Council for Rail Transport of the Commonwealth of Independent States (CIS).
News ID: 6751    Publish Date : 2019/10/20

Ghana government is soon constructing two weigh bridges in the Bibiani-Anhwiaso-Bekwai Municipality and Ahanta West District respectively in order to accurately measure the quantity of bauxite and manganese being carried to the Takoradi Port for export . Ghana’s Minister of Lands and Natural Resources Mr Kwaku Asomah-Cheremeh recently inspected the construction work of both the weigh bridges.
News ID: 6743    Publish Date : 2019/10/18

Pollution cuts slowed China's September crude steel output but were not enough to erase gains from a year ago.
News ID: 6736    Publish Date : 2019/10/18

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