Global ferrous scrap prices observed upward trend this week in all major markets, except Japan and SE Asia . Turkey observed further strengthening in prices amid strong buying activity, consequently raising offers for South Asia n buyers too, where Pakistan and Bangladesh observed decent trades, however India remained mostly out of buying activity, on non-viability of imported scrap.
News ID: 5087 Publish Date : 2019/07/09
This was another dull week for Iranian billet export market. In fact, the country’s billet export market went through resilient phase throughout the month.
News ID: 4974 Publish Date : 2019/07/01
Although refiners in Asia are not left without choice for crude after the end of the US sanction waivers for Iranian oil, the higher price of alternative supplies, as well as soaring fuel exports from China, are depressing refining margins across Asia .
News ID: 4727 Publish Date : 2019/06/02
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
SteelMint learned from industry participants that import trades for containerized scrap to South Asia have remained very limited on negative sentiments this week.
News ID: 4528 Publish Date : 2019/05/15
It’s been a stormy month for benchmark coal prices in Asia , with the potential for reverberations across the globe.
News ID: 4338 Publish Date : 2019/04/12
Asia 's mining sector continues to hold the greatest rewards globally, with positive business environments, rich mineral deposits, supportive infrastructure and political stability in countries holding the top positions in Fitch Solutions' Asia Mining Risk/Reward Index.
News ID: 4333 Publish Date : 2019/04/12
Rashtriya Ispat Nigam Limited (RINL)- the state-owned steel maker under the Ministry of Steel, had invited a tender for export of 30,000 MT billets of sizes 90*90, 77*77 & 65*65mm. Each billet lot offered was of 10,000 MT each. The material delivery is scheduled by 30 Apr'19.
News ID: 4268 Publish Date : 2019/04/09
SteelMint learned from market participants that imported scrap trades in SE Asia remained limited on high offers and availability of stocks in hand. Most of the steel mills likely to wait for the next couple of weeks to start end-April & May delivery shipments.
News ID: 4050 Publish Date : 2019/03/16
The latest reports suggest that China’s largest steel producer, Baowu Steel Group is mulling to set up its own manufacturing plant outside China in order to internationalize its business and strengthen its capacity with the intention to overcome the rising trade barriers.
News ID: 4035 Publish Date : 2019/03/15
State-owned National Iranian Oil Company has raised the official selling price differentials for all of its four crude oil grades loading in April and headed to Asia , a company source told S&P Global Platts Wednesday.
News ID: 4021 Publish Date : 2019/03/14
Asia ’s crude oil imports from Iran dipped in January to the lowest in two months after top buyers China and India slowed down purchases and as Japan recorded zero imports for a third month, government and trade data showed.
News ID: 3805 Publish Date : 2019/03/02
US crude exports to Asia are set to swell over March and April as a drop in freight rates makes US cargoes more competitive against barrels from Asia or the Middle East, according to market participants and shipping fixtures Friday.
News ID: 3539 Publish Date : 2019/02/04
China's state-controlled Hesteel group has taken a 70pc stake in Indian producer Tata Steel's southeast Asia n steel business for $327mn.
News ID: 3459 Publish Date : 2019/01/28
Asia 's ethanol market continues to face some uncertainty over China's buying appetite amid trade tensions between Washington and Beijing, even after a temporary truce was called in the six-month long US-China trade war.
News ID: 3122 Publish Date : 2018/12/31
Imports of Iranian crude oil by major buyers in Asia hit a five-year low in October, as China, Japan and South Korea sharply cut purchases ahead of US sanctions on Tehran that took effect in early November, government and ship-tracking data showed.
News ID: 2763 Publish Date : 2018/12/01
Demand for physical gold in Asia could pick up in the coming weeks as India's festival season drives interest in the metal, after high prices kept buyers at bay again this week.
News ID: 1287 Publish Date : 2017/09/10
One of the world’s leading maritime exhibitions, Rotterdam-based Europort has become the official and exclusive international partner of the 18th Marine Industries Conference and Iran International Maritime and Offshore Technologies Exhibition.
News ID: 539 Publish Date : 2016/08/20
In the Asia University Rankings, THE employed the same performance indicators used for its World University Rankings ㅡ 13 indicators in 5 areas including Teaching, Research, Citations, International Outlook and Industry Income ㅡ but more weight was given this year to the industry income indicators as industry-academia cooperation has become a crucial issue to universities.
News ID: 431 Publish Date : 2016/07/03
Iran is Asia ’s fourth largest lead and zinc producer following China, Kazakhstan and India. This is while the country’s per capita zinc consumption stands at about 1.14 kg, compared to about 5.9 kg for West European countries, 3.4 kg for North America and 2.5 kg for China.
News ID: 371 Publish Date : 2016/06/11