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 exports 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 exports 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 exported 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
Declining natural gas production will pose an economic challenge for landlocked Bolivia during the next presidential term that longtime incumbent Evo Morales is hoping to capture in 20 October general elections.
News ID: 6727 Publish Date : 2019/10/18
The continued rise in the Turkish ferrous scrap import price this week following the US increase of tariffs on steel imports from Turkey has highlighted the extent to which the US has become a marginal export market for Turkish rebar producers.
News ID: 6719 Publish Date : 2019/10/18
The long-awaited change to Mexican state-owned Pemex's Maya crude pricing formula finally came this week, as shifting environmental regulations and declining liquidity in select markets threatened to make the decades-old calculation obsolete.
News ID: 6715 Publish Date : 2019/10/18
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
Indian steel makers offering competitive HRC export offers to Vietnam- Amid flat buying and poor demand hovering in domestic market, Indian steel makers have resorted to ease off inventories to global market. Also low priced imports from Russian steel-makers to Vietnam pushed Indian HRC export offers on lower side.
News ID: 6699 Publish Date : 2019/10/03
Chinese export coil prices have held at a premium to delivered export s since mid-August. China in the past has pulled Asean prices higher to flip back to a discount, but this time the market expects China will be pulled lower.
News ID: 6580 Publish Date : 2019/10/09
Iran exported more than $60 billion worth of non-oil goods during the past one and a half years, Iran's Economy Minister Farhad Dejpasand said.
News ID: 6574 Publish Date : 2019/10/08
As per the recent conversation of industry participants with SteelMint, major steel manufacturer based in western India booked around 50,000 MT of HRC for export to Vietnam.
News ID: 6485 Publish Date : 2019/09/23
Indian Silico Manganese prices fell in both the domestic and export market for the eighth straight week. In the domestic market, buyers are negotiating for lower prices but producers are trying to hold on after having had to continuously lower their prices to significantly low levels.
News ID: 6481 Publish Date : 2019/09/23
