Bangladesh based large & medium scale mills have kept their rebar offers unchanged this week and trade activities are supported up to certain level, SteelMint learned with the re-rollers in Dhaka.
News ID: 4463 Publish Date : 2019/05/09
Indian domestic steel trade activities was not up to the mark during the week-17 (20-27th Apr'19). Meanwhile supply remains on average basis of Semis products, this in turn volatility in Sponge iron & Billet prices by INR 200-700/MT in major markets.
News ID: 4446 Publish Date : 2019/05/07
SteelMint learned from industry participants that imported scrap trades in Pakistan have improved on an account of Ramadan restocking however, Indian market has continued observing comparatively limited activities on ongoing elections while volatile but competitive domestic scrap and sponge iron prices.
News ID: 4438 Publish Date : 2019/05/07
Indian secondary rebar demand remains weak amid low buying interest through the traders end and increase in stock levels urged re-rollers to lower the price range.
News ID: 4433 Publish Date : 2019/05/06
SteelMint learned in conversation with industry participants that the imported scrap market has remained majorly stable. Trade activities remained slow as customers stand a bit concerned about domestic support and clarity on global levels.
News ID: 4420 Publish Date : 2019/05/05
Domestic pellet prices in India have observed a mixed response this week. Few pellet makers in Durgapur (eastern India) have increased offers this week by INR 100-200/MT. However, in central, southern and western India pellet market sentiments continue to remain dull.
News ID: 4419 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
According to trade sources report to the SteelMint, few Odisha based major merchant iron ore miners are heard to increased iron ore offers by INR 200/MT today. SteelMint learned that miners namely Serajuddin Mines, KJS Ahluwalia, Kaypee Enterprises and RP Sao have raised fines prices by INR 200/MT.
News ID: 4407 Publish Date : 2019/05/04
Indian HRC prices reported slight decline this week amid sluggish trades prevailing in domestic market amid ongoing elections.
News ID: 4394 Publish Date : 2019/05/02
SteelMint learned from industry participants that containerized imported scrap trades in Bangladesh have remained average at almost flat prices for yet another week
News ID: 4390 Publish Date : 2019/05/02
SteelMint in recent conversation with medium scale rebar manufacturers learned that, demand has been average in major markets.
News ID: 4380 Publish Date : 2019/04/29
This week Indian HRC prices witnessed marginal increase in domestic market post recent hike by major Indian steel mills by INR 500-1000/MT in the beginning of this month.
News ID: 4327 Publish Date : 2019/04/11
SteelMint learned from industry participants that imported scrap trades in Bangladesh have remained slow as current prevailing offers in the market are comparatively high against buyers’ expectation and other subcontinental markets.
News ID: 4325 Publish Date : 2019/04/11
Activity in the ICI 4 derivatives market increased again today after a relatively slow start to the month last week, with another 25,000t cleared on the CME after 20,000t traded yesterday.
News ID: 4301 Publish Date : 2019/04/10
The private pig iron producers in eastern India - Durgapur, Odisha & Jharkhand have raised prices by around INR 500/MT (USD 7). As per officials, prices have moved up on account of supply crunch and significant rise in domestic billet prices.
News ID: 4286 Publish Date : 2019/04/09
SteelMint in conversation with its market sources learned that an Indian pellet maker has recently concluded two export deals of 50,000 MT each for April delivery.
News ID: 4284 Publish Date : 2019/04/09
This week Chinese steel market exhibited mixed sentiments as the steel export offers softened despite hike in domestic prices. Chinese HRC and rebar export offers inched down this week amid public holidays and subdued trades
News ID: 4279 Publish Date : 2019/04/09
Iraqi Finance Minister Fuad Mohammed Hussein and Iranian Economy Minister Farhad Dejpasand pledged to spare no efforts to double the current volume of trade between the two countries.
News ID: 4274 Publish Date : 2019/04/09
World's second largest exporter of iron ore - Brazil has recorded iron ore export volumes at 22.18 MnT in Mar'19, down 23% as compared to Feb'19 exports at 28.93 MnT, according to trade statistics released by Brazil customs.
News ID: 4240 Publish Date : 2019/04/08
SteelMint learned from industry participants that imported scrap market in Bangladesh has observed very limited trades as local sentiments have turned down now.
News ID: 4238 Publish Date : 2019/04/08
Glencore in talks to sell Philippine copper smelting unit
Rasul Khalife Soltani, Secretary of the Iranian Steel Producers Association on the sidelines of the 1403 Steel Symposium:
Mobarakeh steel is producing green steel through scrap recycling
India’s record gold import said to be due to calculation error
Volkswagen buys 9.9% of Patriot Battery Metals for $48 million
Sibanye raises $500m via metals streaming deal with Franco-Nevada
Norge Mining acquires Europe’s largest natural graphite producer
Mercuria partners with Zambia on metals trading venture
Aluminum price falls to one-month low in wider commodity slump
Rio Tinto, BHP, and BlueScope to build ‘green iron’ plant
Tiny but vital metal markets rush to adjust to Chinese clampdown
Petra Diamonds cuts forecasts, jobs amid market weakness
El Salvador president proposes bill to overturn metals mining ban
China’s 2025 steel demand to fall 1.5% on year, state research institute says
Lure of Anglo’s copper mines could test BHP’s spending resolve
Copper giant Peru foresees another production plateau in 2025
Iron ore price weakens as Australia flags return to sub-$100 prices
Nickel price hits 4-year low as gloom offsets potential Indonesia cuts
Mercuria partners with Zambia on metals trading venture
Sibanye raises $500m via metals streaming deal with Franco-Nevada
Tiny but vital metal markets rush to adjust to Chinese clampdown
Petra Diamonds cuts forecasts, jobs amid market weakness
El Salvador president proposes bill to overturn metals mining ban
China’s 2025 steel demand to fall 1.5% on year, state research institute says
Lure of Anglo’s copper mines could test BHP’s spending resolve
Iron ore price weakens as Australia flags return to sub-$100 prices
Nickel price hits 4-year low as gloom offsets potential Indonesia cuts
Sibanye raises $500m via metals streaming deal with Franco-Nevada
Triple Flag to acquire royalty on Tres Quebradas lithium project