Atotal of 177,150 tons of commodities worth 3 trillion rials ($25.86 million) were exported from Iran's western Hamedan Province during the first three months of the current Iranian year (March 21-June 21).
News ID: 6163 Publish Date : 2019/08/25
SteelMint in conversation with traders based in Vietnam shared that a major Indian steel mill recently booked HRC cargoes for export to Vietnam for Sep or early Oct shipments.
News ID: 6157 Publish Date : 2019/08/25
PELLEX down by INR 150 to INR 6,100/wmt (DAP Raipur) against the last index at INR 6,250/wmt published on 16th Aug due to recent transactions. Deal for around 25,000 MT pellets was reported at INR 6,000-6,100/MT (DAP Raipur).
News ID: 6153 Publish Date : 2019/08/25
The Japan-South Korea trade dispute has halted spot sales of Japanese ferrous scrap to South Korea over risks from new radiation checks. Japanese sellers are weighing alternate markets for around 2mn t of scrap in the second half of 2019.
News ID: 6082 Publish Date : 2019/08/22
Indian Silico Manganese Prices have been falling gradually every week for some time now. Amid low demand and sluggish market sentiments for finished steel, producers are reducing the prices to entice buyers. Demand is weak in both domestic as weak as the global market.
News ID: 6068 Publish Date : 2019/08/20
This week, Iranian billet export market was reported hushed. No deals were witnessed and mills are in no rush to conclude October deals. Also, country’s billet export offers are standing still at USD 385-390/MT, FoB identical as last week. The prime reason for the market reticence is Eid Festivity.
News ID: 6037 Publish Date : 2019/08/18
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
In the beginning of this week imported HRC offers to Vietnam reported decline as buyers are expecting further downside in prices over volatility in Chinese prices and lower export offers from India amid weakening domestic prices.
News ID: 6006 Publish Date : 2019/08/17
Australia - world's largest iron ore exporter has recorded fall in iron ore shipment in July’19, according to the vessel line up data maintained with SteelMint. Australia's iron ore export shipments recorded at 71.03 MnT in July'19, down 7% as compared to 76.31 MnT in June’19.
News ID: 5995 Publish Date : 2019/08/17
Indian iron ore export volumes for July’19 stood at 2.13 MnT, up 19% as against 1.79 MnT in June’19. On yearly basis, exports increased significantly compared to July’18 at 0.17 MnT.
News ID: 5980 Publish Date : 2019/08/16
The European Commission's proposed revisions to the hot-rolled coil (HRC) import safeguard quota could see Indian steelmakers and Russia's Severstal ramp up exports to the bloc.
News ID: 5939 Publish Date : 2019/08/15
Chinese HRC export offers fall; domestic prices rise today- Chinese HRC exports offers witness further slump over fragile sales and tepid demand hovering in nation’s domestic and overseas market.
News ID: 5923 Publish Date : 2019/08/15
Chile’s Codelco, the world’s largest copper producer, has signed a 10-year loan agreement with Export Development Canada, the country’s export credit agency, which will allow the state-owned miner to access $300 million to finance an ambitious overhaul of its aging mines.
News ID: 5868 Publish Date : 2019/08/12
Chinese HRC export offers continue to remain downside - Chinese HRC exports offers witnessed slight correction by USD 5/MT on weekly basis due to slow demand from overseas buyers.
News ID: 5857 Publish Date : 2019/08/08
Rashtriya Ispat Nigam Limited (RINL)- state owned steel maker under the Ministry of Steel, has invited a tender for export of 10,000 MT Wire Rod 20,000 MT Bloom, 10,000 MT Cast Round and 20,000 MT Billets.
News ID: 5856 Publish Date : 2019/08/08
SteelMint pellet Index (PELLEX) moved down by INR 200/MT to 6,450/ MT (DAP Raipur) against the last index published on 02nd Aug’19 amid falling indications in the export market and reduction in offers by pellet makers this week.
News ID: 5855 Publish Date : 2019/08/08
SteelMint in conversation with market sources learned that major Indian steelmakers have rolled over HRC, CRC prices in Aug’19. However market sources are eyeing for announcement of rebates and discounts owing to thin trades and sluggish demand experienced in domestic market.
News ID: 5829 Publish Date : 2019/08/07
In conversation with trade sources based in Nepal, SteelMint learned that major Indian steel mills are actively offering HRC exports to Nepal for Aug- Sep shipments. However Indian HRC export offers to Nepal reported marginal fall by USD 5/MT in recent deals concluded.
News ID: 5828 Publish Date : 2019/08/07
Indian Silico Manganese Prices drifted towards the lower side in the market. Producers are reducing their prices continuously to attract buyers. An Indian Producer said, “The market continues to operate in a downtrend and the demand is low as the Steel market is down’.
News ID: 5826 Publish Date : 2019/08/07
Iran's aerospace firms can become suppliers of spare parts for planes in the near future, an official said, adding that the country could even export spare parts to other world states at a later stage.
News ID: 5786 Publish Date : 2019/08/06
