Iran export ed 49,578 tons of non-oil commodities worth $12.77 million to Nepal in the last fiscal year (ended March 20, 2019) to register a 2,236.25% and 3,114.84% hike in tonnage and value respectively compared with the year before, the latest data released by the Islamic Republic of Iran Customs Administration show.
News ID: 4588 Publish Date : 2019/05/20
Formosa Ha Tinh Corporation (FHS), Vietnam’s largest steel manufacturer of the country has revealed the billet export offers today for shipments scheduled by July. The price offered by the company is reported to be USD 465/MT, FoB, up marginally by USD 4/MT against last month.
News ID: 4579 Publish Date : 2019/05/19
The total amount of Iran’s petrochemical export s in the first Iranian month of Farvardin (March 21 – April 20) increased by 18 percent compared to the same period last year despite the US sanctions, data released by the Customs Office showed.
News ID: 4573 Publish Date : 2019/05/18
An Iranian official said the export s of natural gas to Iraq are growing steadily and are expected to hit 40 million cubic meters a day in summer.
News ID: 4572 Publish Date : 2019/05/18
SteelMint in conversation with trade sources learned that assessment for low-grade iron ore fines export from India has remained stable. SteelMint’s assessment for low grade (Fe 57/58%) iron ore fines prices have remained mostly stable at USD 57-58/MT, FoB India equivalent to USD 67-68/MT, CFR China.
News ID: 4557 Publish Date : 2019/05/17
The dullness in the Iranian market continued for this week as well, market sentiments have remained marginally down with limited trades being witnessed this week. Imposition of sanctions from US on Iran is dampening the market sentiments.
News ID: 4556 Publish Date : 2019/05/17
Eastern India based pellet maker - Brahmani River Pellets has recently concluded pellet export deal to Turkey, SteelMint learned from market sources.
News ID: 4539 Publish Date : 2019/05/16
Downtrend in imported scrap prices to Bangladesh and decline in domestic sponge prices in India have collectively lowered sponge iron export offers from India.
News ID: 4534 Publish Date : 2019/05/15
India pellet export market seems to be strengthening this week. SteelMint has learned from trade sources that Chinese mills have marginally raised its bids for Indian pellets to USD 121-122/MT CFR, China against last assessment at USD 117-119/MT, CFR China for Fe 63% grade pellet (0.5+/-) with 3% Al content.
News ID: 4517 Publish Date : 2019/05/14
Rashtriya Ispat Nigam Limited (RINL)- a state-owned steel maker under the Ministry of Steel, has invited a tender for export of 30,000 MT Billets and 30,000 MT Bloom.
News ID: 4504 Publish Date : 2019/05/14
Indian Silico Manganese prices remained stable amid moderate demand. The prices of Silico Manganese were mostly under pressure due to the sluggish steel market.
News ID: 4501 Publish Date : 2019/05/14
South African iron ore export s increased 7% in Q1 CY19 to 17.79 MnT, as against 16.58 MnT in Q4 CY18. On yearly basis, export s picked up by 14% as against 15.56 MnT in Q1 CY18.
News ID: 4498 Publish Date : 2019/05/14
According to provisional data released by Joint Plant Committee (JPC) India’s finished steel export s (non alloy steel +alloy and stainless steel) stood at 0.398 MnT in Apr’19 down by 33% on monthly basis as compared to 0.592 MnT in previous month.
News ID: 4497 Publish Date : 2019/05/14
Indian iron ore export volumes increased by 14% to 1.36 MnT as against 1.19 MnT in Mar’19. On yearly basis, iron ore export increased by 15% as against 1.18 MnT in the month of April’18 last year. Iron ore export s from India have climbed to 1-year high as similar level of export s was last seen in Mar’18 at 2.63 MnT.
News ID: 4496 Publish Date : 2019/05/10
According to data maintained with SteelMint, Indian pellet export volumes for Apr'19 have been recorded at 0.88 MnT, down 25% on monthly basis as against 1.17 MnT a month ago.
News ID: 4495 Publish Date : 2019/05/10
World's second largest export er of iron ore - Brazil has recorded iron ore export volumes at 18.34 MnT in Apr'19, down 17% as compared to Mar'19 export s at 22.18 MnT, according to trade statistics released by Brazil customs.
News ID: 4490 Publish Date : 2019/05/10
Me-Metals: Behrouz Rahmati stock and investment affairs director of National Iranian Copper Industries Co. (NICICO) said: with a great deal of efforts of our colleagues in the export department of the company, the first 50000 tons export shipment of NICICO left Iran to export destinations, Saturday morning, 7 Farvardin 1398 (27 March 2019).
News ID: 4484 Publish Date : 2019/05/09
India's largest iron ore miner -NMDC export movement has increased sharply by almost five-fold in the month of Apr’19. According to rake movement data maintained with SteelMint, export s stood at 80 (0.31 MnT) rakes in Apr’19 as compared to 16 rakes (0.06 MnT) a month before.
News ID: 4460 Publish Date : 2019/05/09
Indian Silico Manganese prices are down by INR 500/MT in the domestic market amid moderate demand. Due to bearish steel market conditions the demand is maintaining at its lower levels
News ID: 4451 Publish Date : 2019/05/07
MMTC- India’s largest and state-owned trading house, had floated export tender of 30,000 MT non-alloy Pig Iron on behalf of Neelachal Ispat Nigam Limited (NINL). The due date for submission of bids was on 15 Apr’19 and material shipment was scheduled between 10-20 May'19 from Paradip port.
News ID: 4448 Publish Date : 2019/05/07