Iran exported 1,085 tons of non-oil commodities worth $1.15 million to Niger during the last fiscal year (ended March 20, 2019) to register a 564.98% and 67.63% growth in tonnage and value respectively compared with the year before, data released by the Islamic Republic of Iran Customs Administration show.
News ID: 4846 Publish Date : 2019/06/19
Amid falling Indian domestic sponge prices & decline in Bangladesh imported scrap prices, Indian sponge iron export offers have come down by USD 10-15/MT in recent deals reported, as per assessment made by SteelMint.
News ID: 4830 Publish Date : 2019/06/16
Turkey's Finish Steel exports down by around 14% M-o-M in Apr'19, as per fresh released data by custom department.
News ID: 4823 Publish Date : 2019/06/15
Iranian billet export market sentiments softened this week after the market resumed from Eid holidays. As expected, this week market sentiments were reported barely weak, the recent billet export offers says all
News ID: 4819 Publish Date : 2019/06/15
SteelMint in conversation Indian pellet makers and other market participants analyzed that bids for Indian pellets have witnessed increment this week. Following surge in global iron ore fines price, pellet export prices has also strengthened this week.
News ID: 4816 Publish Date : 2019/06/14
According to latest data released by Chinese customs, nation’s finished steel exports in May’19 stood at 5.74 MnT, declined by 9% over 6.33 MnT in Apr’19.
News ID: 4810 Publish Date : 2019/06/11
This week imported HRC offers to Vietnam inched down further in line with continual decline in HRC export offers from China. Chinese HRC exports offers have reached to rock bottom due to significant fall in domestic prices.
News ID: 4808 Publish Date : 2019/06/11
Indian Steel market remained on down trend during the Week-23 (1st to 8th Jun’19) as the prices dipped owing to lack of domestic & export inquiries. Meanwhile supply of across all products was healthier, while demand lessened in across region.
News ID: 4803 Publish Date : 2019/06/11
Due to festivity of Eid across the globe, the Iranian billet export market was reported dull sentiments this week. However, in recent, one of the leading billet producer of the country offered 30,000 MT billets at USD 390/MT FoB. The shipment is scheduled for end Jun’19.
News ID: 4778 Publish Date : 2019/06/09
Rashtriya Ispat Nigam Limited (RINL)- the state-owned steel maker under the Ministry of Steel, has invited tender for export of 5,418 MT Wire rods,13,545 MT Billets and 5,418 MT Blooms to Nepal.
News ID: 4775 Publish Date : 2019/06/09
Eastern India based pellet maker has concluded an export deal for around 50,000 MT for regular grade pellets (Fe 64%, containing 3% alumina) for June loading. According to the sources, the deal has been concluded at around USD 123-124/MT, CFR China.
News ID: 4772 Publish Date : 2019/06/07
World's second largest exporter of iron ore - Brazil has recorded iron ore export volumes at 29.02 MnT in May'19, up 58% as compared to Apr'19 exports at 18.34 MnT, according to trade statistics released by Brazil customs. On yearly basis, exports 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 exports from India have climbed to 13-months high as similar level of exports 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 exports 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 exports 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 exports in May'19 have hit highest since Apr'18.
News ID: 4698 Publish Date : 2019/05/31
