--South African coal exports have witnessed slight decline during the first 10-months of CY’19 (Jan-Oct’19) noted at 64.68 MnT, as against 65.42 MnT in preceding year. Apparently, export volumes have been affected by a tight supply in the domestic market, with buyers offering higher prices than those on the seaborne market which have limited South African coal exposure to exports.
News ID: 8025 Publish Date : 2019/12/16
Following surge in Indian domestic prices, billet export offers to Nepal increased by USD 5-10/MT W-o-W. Deals for induction grade billet have been reported this week from eastern India, however primary mills are less interested to sell in Nepal owing to high offers in ocean market.
News ID: 8023 Publish Date : 2019/12/18
The graphite electrodes prices globally are on a free-fall for over the past one year amid excess supply and poor downstream demand. As per SteelMint's analysis, the electrode prices have plunged by almost 67% y-o-y basis (ex-China). This includes both HP as well as UHP grades.
News ID: 8021 Publish Date : 2019/12/18
Argentina plans to partially roll back an export tax on hydrocarbons to a maximum of 8pc from a previous 12pc, according to a bill that the new government of center-left president Alberto Fernandez sent to the congress this week.
News ID: 7999 Publish Date : 2019/12/18
A joint venture between ArcelorMittal and Nippon Steel has completed the acquisition of India's Essar Steel, taking over its operations.
News ID: 7995 Publish Date : 2019/12/17
The West Australian port of Port Hedland increased its exports of lithium concentrate to China to 28,494t in November from 24,150t in October.
News ID: 7980 Publish Date : 2019/12/16
Argentina's new center-left government increased export taxes on agricultural products in a bid to expand desperately needed revenue, stoking tensions with the powerful farm sector less than a week after the inauguration of President Alberto Fernandez.
News ID: 7977 Publish Date : 2019/12/16
South Korea is in talks with the United States over Iran’s call for Seoul to resume exports of humanitarian goods to Tehran, a report said.
News ID: 7955 Publish Date : 2019/12/14
New report shows that neighboring countries are increasing their purchase of Iran’s petrochemical products through a local energy exchange where more than $200 million sales have been recorded just in last week.
News ID: 7954 Publish Date : 2019/12/15
Indian hot-rolled coil (HRC) prices increased by 1,500 rupees/t ($21/t) from a week earlier, as steel mills experienced higher prices in export markets.
News ID: 7950 Publish Date : 2019/12/13
Soybean sales in Brazil's top grain producing state of Mato Grosso in December reached 51pc of estimated production for the full 2019-20 season, according to state Institute of Agricultural Economics (Imea).
News ID: 7947 Publish Date : 2019/12/13
India's steel exports surged by 80pc from a year earlier to 867,000t in November, according to provisional figures from India's steel ministry.
News ID: 7900 Publish Date : 2019/12/10
Iran’s Noori Petrochemical Plant announced that its output records are higher than the set goals, adding that 60% of its production in the last 8.5 months have been exported.
News ID: 7888 Publish Date : 2019/12/10
China’s crude oil imports hit a record high on a daily basis in November, as refiners operated at high run rates to use up annual import quotas.
News ID: 7824 Publish Date : 2019/12/08
Iranian President Hassan Rouhani said on Sunday that the country's budget bill for the next fiscal year has been set in a way to offset the negative effects of the US sanctions and, hence, includes a significant cut in oil revenues.
News ID: 7811 Publish Date : 2019/12/08
A senior energy official announced that Iran can now export some 25 million to 30 million liters of gasoline per day as a result of the implementation of the gasoline rationing scheme that recently came back into force.
News ID: 7809 Publish Date : 2019/12/08
A new report shows that China, Iraq, and the United Arab Emirates (UAE) have been respectively the top three destinations for Iran’s exported goods in the first 7 months of the current local calendar year (March 21- October 22), which means the Europeans have failed to establish proportionate trade ties with Tehran despite their claims.
News ID: 7808 Publish Date : 2019/12/08
The non-oil exports from Iran’s province of Semnan hit a total worth of $170 million in the first 8 months of the current local calendar year (March 21- November 22), which indicates a 62% surge in comparison with figures from corresponding period in last year.
News ID: 7786 Publish Date : 2019/12/07
India's iron ore output is poised to post a sharp drop in the 2020-21 fiscal year starting 1 April, but it may not result in a significant spike in imports although domestic prices may increase.
News ID: 7779 Publish Date : 2019/12/05
The number of Iran’s commercial attaches in target export destinations is expected to rise to 10 from the current six, the head of Trade Promotion Organization of Iran said.
News ID: 7772 Publish Date : 2019/12/04
