Iranian Vice-President and Head of the Management and Planning Organization (MPO) Mohammad Baqer Nobakht said that his country is after accomplishing an objective of increasing non-oil export s to 15 neighboring countries by two-fold to counter the US bans on its oil sale.
News ID: 7566 Publish Date : 2019/11/26
The semi-autonomous Iraqi region of Kurdistan may begin deliveries by early next year of around 250,000 barrels per day of crude oil to the federal government in Baghdad for export s, Iraqi Oil Minister Thamer Ghadhban said.
News ID: 7528 Publish Date : 2019/11/23
Spot charter day rates for tri-fuel diesel-electric (TFDE) LNG carriers held unchanged on Friday and expanded their premium to corresponding rates in the east of Suez region, which fell on Friday amid higher vessel availability in the Pacific basin.
News ID: 7500 Publish Date : 2019/11/22
Chinese finished steel export s fell by 10% to 4.782 MnT in Oct'19 as compared with 5.33 MnT in Sep' 19, recent custom data shows. Price competitiveness from Indian & Russian mills kept interest for Chinese steel products low.
News ID: 7414 Publish Date : 2019/11/08
Russian steel making company EVRAZ has recently announced its trading update for the Q3 of 2019. In the third quarter, EVRAZ’ consolidated crude steel output fell by 3.4% Q-o-Q, mainly due to the lower production volumes at EVRAZ ZMSK amid scheduled capital repairs.
News ID: 7407 Publish Date : 2019/11/07
Indian HRC export offers to Vietnam have moved up by USD 10/MT for positioned cargoes for Dec shipments, owing to higher bids from Vietnam buyers. Thus currently Indian HRC offers are at USD 440/MT CFR Vietnam.
News ID: 7404 Publish Date : 2019/11/07
Tata Steel, India reported two fold increase in export volumes to 0.64 MnT in Q2 FY20 against 0.31 MnT in previous quarter. The guidance for export s for this fiscal will be around 2.4 MnT. Although export realization was lower than domestic realization this quarter, but helped to clear inventories shared officials during conference call. Lower volumes to Automotive segment were compensated by higher export s. Other key highlights of concall were:
News ID: 7402 Publish Date : 2019/11/07
World's second-largest export er of iron ore - Brazil has recorded an increase in iron ore export volumes to 31.2 MnT in Oct'19, as compared to Sept'19 which was at 27.14 MnT, according to trade statistics released by Brazil customs. On yearly basis, export s dropped 16% as against 37.2 MnT in Oct'18.
News ID: 7375 Publish Date : 2019/11/02
Billet export offers from all the major markets remained largely stable with slight uptick in CIS & Iran. However, Turkish imported scrap prices have inched up marginally.
News ID: 7374 Publish Date : 2019/11/02
Indian mills reported to have increased HRC offers by upto INR 750/t ($10.5) for November deliveries. Market participants feel this hike is largely supported on optimism seen in export market rather than improvement in domestic demand. SteelMint analyse why Indian HRC prices are so influenced by export market these days.
News ID: 7373 Publish Date : 2019/11/02
Nepal’s billet imports fell by 24% M-o-M to 53,122 MT in Oct’19 against 70,390 MT in Sept’19. Entire import volumes were recorded from India.
News ID: 7353 Publish Date : 2019/11/05
South African Manganese Ore export s have hit record levels of over 1.8MnT in Sep’19. The country’s Manganese Ore export s were 1,819,213MT in Sep’19, taking the year-to-date Production at 14.99MnT which is 15% higher than the previous year.
News ID: 7351 Publish Date : 2019/11/05
SteelMint in conversation with market participants learned that Vietnam based end users have raised their bids for imported HRC following hike in offers. Current offers for positioned cargo of Indian HRC is assessed around USD 425-430/MT, CFR Vietnam.
News ID: 7349 Publish Date : 2019/11/05
Indian pig iron manufacturer - Vedanta has recently concluded pig iron export deal to China last week, as per market sources report to SteelMint. The company is heard to have concluded 35,000 MT basic grade pig iron export deal to China for Nov shipment at around USD 330/MT, CFR China.
News ID: 7344 Publish Date : 2019/11/04
Indian iron ore export s have recorded sharp increase in Oct’19. The export s were witnessed at 1.74 MnT, up 53% M-o-M as against Sep’19 export s at 1.14 MnT. On yearly basis, the export s have depicted a significant rise as compared to Oct’18 at 0.42 MnT.
News ID: 7342 Publish Date : 2019/11/04
Indian sponge iron export s observed a jump of 62% in first 6 months of FY20 (Apr-Sep'19) against the same period in preceding year. Exports have increased on account of rising demand from neighboring countries like Bangladesh, Bhutan and Nepal.
News ID: 7339 Publish Date : 2019/11/04
According to market sources report to SteelMint, Indian pellet export prices have moved down in recent deals concluded by Odisha based pellet maker.
News ID: 7309 Publish Date : 2019/10/31
Iranian Ambassador to New Delhi Ali Chegeni underlined the importance of Iran's Chabahar port for India to increase its export s to Afghanistan.
News ID: 7295 Publish Date : 2019/11/06
Steel Authority of India - a government of India Company has floated export tender for prime mild steel non-alloy concast billets. The tender quantity is reported to be 18,900 MT. The cargo will be shipped from Haldia port. The tender was put up for Prime Mild Steel Non-Alloy Concast billet, size 150*150 mm offered from IISCO Steel Plant.
News ID: 7116 Publish Date : 2019/10/29
Chinese HRC export offers inch up on tight availability- The Chinese mills have slightly raised their HRC export offers for the first time since Aug'19 when the prices had started to decline. Currently, China HRC export offers stand around USD 430-440/MT FoB China, up by USD 5-10/MT in comparison with USD 425-430/MT in the previous week.
News ID: 7111 Publish Date : 2019/10/29