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 exports increased 7% in Q1 CY19 to 17.79 MnT, as against 16.58 MnT in Q4 CY18. On yearly basis, exports 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 exports (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 exports from India have climbed to 1-year high as similar level of exports 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 exporter of iron ore - Brazil has recorded iron ore export volumes at 18.34 MnT in Apr'19, down 17% as compared to Mar'19 exports 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, exports 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
China- world’s largest consumer of ferrous scrap has witnessed a significant fall in its exports of ferrous scrap in Q1'2019 on yearly premises.
News ID: 4441 Publish Date : 2019/05/07
India’s steel giant - Tata Steel announced FY19 results yesterday. SteelMint attended the analyst/investor conference call and the highlights are mentioned below.
News ID: 4440 Publish Date : 2019/05/07
India pellet export market remains quiet this week. Indian pellet makers were heard offering Fe 64/63% pellets with 3% Alumina at USD 119-120/MT CFR China but no deals were reported.
News ID: 4436 Publish Date : 2019/05/06
Demand for medium grade iron ore fines continues to remain robust from Chinese steel mills. SteelMint in conversation with market participants learned that one of the merchant miners in Odisha has recently concluded low-grade iron ore fines (Fe 58/57%) to China at around USD 56-58/MT FoB India for May’19 loading.
News ID: 4427 Publish Date : 2019/05/06
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: 4422 Publish Date : 2019/05/05
Sponge iron export offers from Jharkhand & Odisha (eastern India) have moved down slightly by USD 5/MT due to declining offers for domestic buyers & falling exchange rate of Indian Rupee against dollar.
News ID: 4418 Publish Date : 2019/05/05
SteelMint in conversation with market sources heard that a last week a major Indian steel mill concluded a deal to Vietnam for May shipments.
News ID: 4417 Publish Date : 2019/05/05
Taiwan, one of the leading scrap importers has observed a significant fall in scrap imports in Feb'19. The country imported 142,778 MT ferrous scrap in Feb'19, down 44% M-o-M as against 258,324 MT ferrous scrap in Jan'19, the recent customs data showed.
News ID: 4416 Publish Date : 2019/05/05
Indian Silico Manganese prices remained unchanged amid moderate demand in the domestic market. The prices of Silico Manganese were mostly affected due to the bearish steel market.
News ID: 4408 Publish Date : 2019/05/04
