World's second largest export er of iron ore - Brazil has recorded iron ore export volumes at 29.02 MnT in May'19, up 58% as compared to Apr'19 export s at 18.34 MnT, according to trade statistics released by Brazil customs. On yearly basis, export s dropped 16% as compared to 34.62 MnT in May'18.
News ID: 4771 Publish Date : 2019/06/07
The new steel minister Dharmendra Pradhan has his task cut out. Right from reining in the rising trend of imports to ensuring uninterrupted supply of iron ore and bank credit to the industry for capacity addition, the new minister will have a tough time in office, at least in the short to medium term.
News ID: 4769 Publish Date : 2019/06/07
Indian iron ore export volumes increased by 45% to 2.05 MnT in May'19 as against 1.42 MnT in Apr'19. On yearly basis, iron ore export increased significantly as against 0.79 MnT in the month of May'18. Iron ore export s from India have climbed to 13-months high as similar level of export s was last seen in Mar'18 at 2.63 MnT.
News ID: 4765 Publish Date : 2019/06/07
Chinese HRC export offers weigh down further over falling domestic prices- Chinese HRC export offers decline further this week owing to falling steel prices in domestic market.
News ID: 4761 Publish Date : 2019/06/07
Iranian Minister of Industry, Mine and Trade Reza Rahmani underlined the country's intention to increase export s to the neighboring states, specially Afghanistan.
News ID: 4731 Publish Date : 2019/06/02
Indian HRC export offers To Nepal for June shipments- Market sources shared with SteelMint that Indian major steel mill concluded a deal of HRC of re-rolling grade with Nepal for June shipments.
News ID: 4704 Publish Date : 2019/06/01
Iranian billet export offers reported majorly stable this week. According to SteelMint’s assessment, due to increase in Turkey’s scrap import prices last week, the Iran billet offers increased to USD 400/MT, FoB mark. Also, the boosted trade sentiments in CIS nations had set up the high price trade expectations for billet producers in Iran but no deal was reported at this price.
News ID: 4701 Publish Date : 2019/05/31
This week Chinese plate export offers witnessed decline over thin trading along with bearish sentiments hovering in domestic market.
News ID: 4699 Publish Date : 2019/05/31
According to the data maintained by SteelMint, Iran's iron ore export s via bulk shipments in second month of current Persian year (May'19) was recorded at 1.91 MnT, up 45% as against 1.31 MnT a month ago. The export s in May'19 have hit highest since Apr'18.
News ID: 4698 Publish Date : 2019/05/31
The Islamic Republic of Iran Customs Administration (IRICA) announced that export s of minerals from the country experienced a significant leap in terms of value and weight in the first month of the current Iranian year (started on March 21).
News ID: 4680 Publish Date : 2019/05/30
Atotal of 147,000 tons of non-oil goods worth $182 million were export ed from East Azarbaijan Province during the first Iranian month (March 21-April 20), registering a 20% and 82% growth in tonnage and value respectively compared with last year’s similar month.
News ID: 4672 Publish Date : 2019/05/30
Export Guarantee Fund of Iran (EGFI) plans to sign several memorandums of understating (MoUs) with some member states of the European Union (EU) in the near future, the EGFI managing director announced.
News ID: 4660 Publish Date : 2019/05/28
Iran has boosted export s of goods from its Persian Gulf Economic Zone, a senior official said.
News ID: 4652 Publish Date : 2019/05/27
Following rally in Indian domestic sponge prices, the latest export offers being quoted high by USD 5/MT as against assessment made during last week.
News ID: 4641 Publish Date : 2019/05/26
Indian Ferro Chrome stoops to new low in this week. Prices have been gradually falling down since last month due to low demand. Producers reported that the market is more inclined towards the buyers side.
News ID: 4639 Publish Date : 2019/05/25
A spokesman of the Afghan ministry of oil and gas rejected media reports claiming that the country has stopped crude imports from Iran.
News ID: 4631 Publish Date : 2019/05/23
It seems that the Graphite electrodes shortage that has cropped up in China in the latter of 2017 amid closure of polluting GE units seems to settle out as considerable surge have been recorded in country’s electrodes production as well as export s for the first quarter of 2019.
News ID: 4621 Publish Date : 2019/05/22
Billet export offers from CIS nations gain softness: Ramadan holidays have increased the dullness intensity of trades from CIS nations.
News ID: 4597 Publish Date : 2019/05/20
A government owned steel mill located in eastern India has concluded Wire rod export deals to Nepal for about 8,000-10,000 MT, SteelMint learned from trade sources.
News ID: 4595 Publish Date : 2019/05/20
This week Chinese steel prices softened amid deprecation of nation’s currency Yuan against USD. Meanwhile USA govt imposed tariffs of 25% on $200 billion worth of Chinese imports. This resulted to pessimistic market sentiments and in turn weakened export offers from China.
News ID: 4593 Publish Date : 2019/05/20