Australia - world's largest iron ore exporter has recorded rise in iron ore shipment for second quarter CY19, according to the vessel line up data maintained with SteelMint. Australia's iron ore export shipments recorded at 222.49 MnT in Q2 CY'19, up 18% as compared to 187.91 MnT in Q1 CY'19.
News ID: 5300 Publish Date : 2019/07/18
Tehran will raise $5 billion revenues for its gas and electricity exports to neighboring Iraq by the end of the current local calendar year on March 20, 2020, said Secretary General of Iran-Iraq Joint Chamber of Commerce Seyed Hamid Hosseini on Tuesday.
News ID: 5284 Publish Date : 2019/07/18
Chinese HRC export offers continue to remain on lower side- Chinese HRC export offers continue to show downturn this week owing to thin trades happening in export market. Overseas buyers are unwilling to purchase material at higher prices and are bidding on lower side with the anticipation of further decline in prices.
News ID: 5248 Publish Date : 2019/07/17
Indian iron ore pellet exports may be slower in the near term because of congestion at major shipping ports on the east coast.
News ID: 5234 Publish Date : 2019/07/16
Iran’s first quarter (based on the local calendar between March 21 and June 21) non-oil exports from the Southern port of Shahid Rajaei have increased by 10 percent compared with corresponding period in the last year.
News ID: 5218 Publish Date : 2019/07/16
More than 225 million worth of non-oil commodities have been exported from the central Iranian province of Markazi in the first three months of the current local calendar year (March 21- June 21), which shows a year-on-year increase by 4%.
News ID: 5202 Publish Date : 2019/07/15
Venezuela exported around 860,000 b/d of crude in June plus 90,000 b/d in other liquids including diluent and fuel oil, officials of state-owned oil company PdV tell Argus.
News ID: 5200 Publish Date : 2019/07/15
The Customs Department in Iran’s Southeastern port city of Chabahar announced that the office has witnessed a 38% rise in its collections in the first 3 months of the current local calendar year (March 21- June 21), compared with the corresponding period in 2018.
News ID: 5162 Publish Date : 2019/07/14
Raipur based pellet makers book over 50,000 MT for exports for August delivery, SteelMint learned from market participants. Although prices were not discovered at the time of publishing but SteelMint's price assessment for standard grade pellets stands at around USD 120-122/MT FOB India east coast. This is equivalent to INR 8,200-8,300/MT FoB basis.
News ID: 5145 Publish Date : 2019/07/13
SteelMint learned from industry participants that Turkish imported scrap prices have moved down, as steelmakers took a short pause amid weak sales of rebar and billet in both domestic and export markets in Turkey.
News ID: 5144 Publish Date : 2019/07/13
Indian Sponge iron export offers to Bangladesh continued down trend on account of falling prices in Indian domestic prices.
News ID: 5122 Publish Date : 2019/07/11
Chinese HRC export offers soften - Chinese HRC export offers edged down this week by USD 5-10/MT owing to thin trades happening in export market. Overseas buyers are bidding on lower side and are reluctant to book material at higher prices with the anticipation of further decline in prices.
News ID: 5121 Publish Date : 2019/07/11
On monthly basis, exports fell 26% to 0.87 MnT in June’19 as against 1.18 MnT a month ago.
News ID: 5086 Publish Date : 2019/07/09
Chinese HRC export offers strengthen further- Chinese HRC export offers increased further by USD 10/MT amid announced production cuts in Tangshan region. Also resumption in trade talks between USA and China has lead to positivity in market sentiments in China.
News ID: 5013 Publish Date : 2019/07/04
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
In recent conversation with market sources based in Bangladesh, SteelMint analyzed that imported HRC offers to Bangladesh from China registered increase by USD 20-25/MT in line with hike in export offers from China this week.
News ID: 4970 Publish Date : 2019/07/01
Iran has witnessed an increase by 19,130 tons in its exports from the Southwestern port city of Abadan in the last 3 months, which means a year-on-year growth by 107%.
News ID: 4945 Publish Date : 2019/06/30
State-run Vizag Steel also known as Rashtriya Ispat Nigam Ltd (RINL) has concluded its Wire Rod & Billet Export tender to Nepal.
News ID: 4889 Publish Date : 2019/06/24
Iranian Energy Minister Reza Ardakanian says the souther Russian republics that form the North Caucasus region are the main point of entrance of Iranian goods to Russia.
News ID: 4868 Publish Date : 2019/06/16
Australia - world's largest iron ore exporter has recorded rise in iron ore shipment for May'19, according to the vessel line up data maintained with SteelMint. Australia's iron ore export shipments recorded at 76.97 MnT in May'19, up 11% as compared to 69.22 MnT in Apr'19. On yearly basis, Australia iron ore exports dropped slightly as against 78.20 MnT in May'18.
News ID: 4854 Publish Date : 2019/06/20