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A deteriorating demand outlook has forced Japanese steel maker Nippon Steel to plan additional steel output cuts after July, by bringing forward the closure of two blast furnaces (BFs) originally planned for later this year.
News ID: 9385    Publish Date : 2020/05/08

Japanese trading firm Sumitomo's profit fell by almost 50pc in the 2019-20 fiscal year that ended 31 March, hit by the US-China trade dispute and a global economic slowdown caused by the Covid-19 pandemic.
News ID: 9377    Publish Date : 2020/05/08

Japanese emulation rubber and synthetic resin producer JSR saw reduced demand for its key products from domestic and overseas auto producers during the 2019-20 fiscal year ending 31 March because of the impact of Covid-19 in the final quarter.
News ID: 9279    Publish Date : 2020/04/30

This week, South Korea’s major EAF Steelmaker, Hyundai Steel has cut its purchase price for Japanese scrap amid low domestic market fundamentals in Korea as well as continued fall Japanese scrap price levels. Hyundai Steel has cut its bid by JPY 1000/MT (USD 9) against last week and its current bid for Japanese H2 stands at JPY 22,000/MT FOB (USD 212), in comparison to JPY 23,000/MT (USD 221) bid last week.
News ID: 8714    Publish Date : 2020/03/12

After rise in Japanese scrap export offers to Taiwan and Vietnam over the last week, now export offers to South Korean mills have also shot up recently, as Japanese scrap markets looks to strengthen.
News ID: 8564    Publish Date : 2020/02/27

Japanese ferrous scrap suppliers are under pressure to increase exports to counter rising inventories caused by a slowdown in demand ahead of this year's Tokyo Olympics.
News ID: 8287    Publish Date : 2020/01/10

SpaceX's newly redesigned prototype of its Mars-colonizing Starship craft could get off the ground for the first time just two or three months from now, company founder and CEO, Elon Musk, said.
News ID: 8227    Publish Date : 2020/01/05

Japan, world’s third-largest crude steel producer observed stability in its ferrous scrap exports for another month in Nov'19. The country exported 0.65 MnT of scrap in Nov’19, as against the similar quantity exported in Oct’19. However, on a yearly basis, scrap exports have increased by 33% Y-o-Y from 0.49 MnT reported during the same period a year ago, in Oct’18.
News ID: 8211    Publish Date : 2020/01/02

Vietnam imported scrap offers up USD 5-10/MT W-o-W: Offers for imported scrap to Vietnam have observed a slight increase this week on account of ongoing strengthening in the Japanese scrap market as well as the recent surge witnessed in fresh trades to Turkey.
News ID: 8024    Publish Date : 2019/12/16

This week, imported HRC offers to Vietnam from China inch down further amid lower HRC offers from other exporting nations.Indian steel mills have put their offers on hold. Last offers from mills were reported at USD 430/MT, CFR Vietnam. However offers for positioned cargoes from India is heard around USD 420/MT CFR basis.
News ID: 6937    Publish Date : 2019/10/14

Global ferrous scrap prices showed mixed trends in major markets this week. Japanese scrap prices begin rising with Tokyo Steel raised its scrap purchase bid, however, South Korea's Hyundai Steel remained silent. Turkey observed stability in prices against last week, while South Asian markets witnessed slowing down in trades thus keeping prices almost flat.
News ID: 5645    Publish Date : 2019/08/01

Global ferrous scrap prices showed mixed trends in major markets this week. Japanese scrap prices begin rising with Tokyo Steel raised its scrap purchase bid, however, South Korea's Hyundai Steel remained silent. Turkey observed stability in prices against last week, while South Asian markets witnessed slowing down in trades thus keeping prices almost flat.
News ID: 5557    Publish Date : 2019/07/29

Indian Ferro Chrome Producers maintained the prices despite low demand. In the global market sentiments for Ferro Chrome remained weak. “It is mostly a buyers market and the prices were completely dependent on the negotiation levels of buyer and the producers”, a producer said, however, even the Chinese market is experiencing similar situations.
News ID: 4814    Publish Date : 2019/06/14

South Korean leading EAF steelmaker, Hyundai Steel has reportedly lowered the bids for Japanese scrap purchase by another JPY 500/MT (USD 5) this week on account of availability of inventory with the steelmaker and uncertainty in the domestic Japanese scrap prices with steelmakers in 'Wait and Watch' mode.
News ID: 4645    Publish Date : 2019/05/27

Japanese Ambassador to Tehran Mitsuo Saito said that his countries’ companies are eager to develop bilateral relations with Iranian firms and companies to tap into the economic opportunities of the country regardless of the US unilateral sanctions.
News ID: 3847    Publish Date : 2019/03/05

A Japanese space probe named after a falcon, Hayabusa 2, has touched down on an asteroid more than 300 million km from Earth on a mission to seek clues about the origins of life, Japan’s space agency said on Friday.
News ID: 3712    Publish Date : 2019/02/23

Iranian First Vice-President Eshaq Jahangiri reassured that Iran will support Japanese businesses and companies wishing to continue trade with Iran in the face of the US sanctions, adding that Tehran will even negotiate with Japanese partners for new solutions.
News ID: 2840    Publish Date : 2018/12/08

Leading Japanese buyer Tohoku Electric Power and Australian producer Glencore have reached an agreement on October-starting term supplies of thermal coal, after Glencore appeared willing to compromise and dropped its asking price significantly, market participants said today.
News ID: 2332    Publish Date : 2018/10/02

High-quality products meeting Japanese , European, Australian and American standards
News ID: 562    Publish Date : 2016/08/26

A business delegation comprising representatives of Japan’s largest mining and steel companies, including Nippon Steel and Sumitomo Metal Co., Mitsubishi, Kawasaki, Toshiba and JGC holdings, has met with the head of Iranian Mines and Mining Industries Development and Renovation Organization, Mehdi Karbasian, in Tehran.
News ID: 236    Publish Date : 2016/02/11

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