Trade

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Governor of the Central Bank of Iran (CBI) Abdolnasser Hemmati, on the sidelines of his Sunday meeting with Iraqi Finance Minister Fuad Mohammed Hussein, said that banking relations between Tehran and Baghdad will be eased to lubricate transactions between the two countries’ businessmen.
News ID: 4228    Publish Date : 2019/04/07

Iran and Pakistan are expected to finalize the draft of a free trade agreement (FTA) in forthcoming talks in Islamabad.
News ID: 4210    Publish Date : 2019/04/06

As per trade sources report to the SteelMint, state owned & large mills in India who are making steel through blast furnace route are planning to raise their prices for April deliveries by approximately INR 500-1,000/MT (USD 7-14) across major markets
News ID: 4201    Publish Date : 2019/04/06

This week Indian PPGI prices in domestic market softened amid slowdown in buying activities in traders market. Prices move down by around INR 500-700/MT in traders market this week.
News ID: 4187    Publish Date : 2019/04/04

Ferro Silicon prices fall down as few producers are cutting down prices to clear the piled up inventories.
News ID: 4186    Publish Date : 2019/04/04

Indian spot steel trade activities was uncertain during the week-12 (16-23 Mar'19) due to festive holidays mood & falling raw materials.
News ID: 4153    Publish Date : 2019/03/26

This week Indian HRC trade prices have remained range-bound amid sluggish trades in domestic market. Market participants are in a festive mood since Holi festival is around the corner which has led to dull sentiments in domestic market.
News ID: 4146    Publish Date : 2019/03/25

A cargo of 0.5pc sulphur fuel oil traded in the Mediterranean at around $445-455/t, giving some indication of a nascent price point for product compliant with the forthcoming marine fuel sulphur cap.
News ID: 4140    Publish Date : 2019/03/24

Trade statistics released by Canada custom shows that the iron ore exports by the country recorded at 47.68 MnT in CY'18. The exports depicted rise of 16% as compared to CY'17 exports at 41.12 MnT.
News ID: 4114    Publish Date : 2019/03/22

SteelMint learned from industry participants that Turkey’s imported scrap market has observed limited bookings so far this week at almost stable prices. However, steel mills remain hesitant to buy aggressively amid high offers and weak finish steel demand.
News ID: 4098    Publish Date : 2019/03/21

The UK’s crude oil loadings remained below 800,000 barrels per day for the third month in a row in February, while authorities expect Britain’s crude production to decline through at least 2024, Fotios Katsoulas, Liquid Bulk Principal Analyst, Maritime and Trade at IHS Markit, said.
News ID: 4072    Publish Date : 2019/03/19

This week Indian HRC prices witnessed slight increase in traders market after announcement of sharp price hike by INR 1000-1500/MT by major Indian steel mills last week for March deliveries.However dull trades restricted surge in prices in trade segment this week.
News ID: 4066    Publish Date : 2019/03/18

SteelMint learned in recent conversation with participants that imported scrap offers to Pakistan have moved up USD 5-10/MT W-o-W as suppliers slowly turning resistive to low offers
News ID: 4062    Publish Date : 2019/03/17

Indian pellet offers have remained unmoved this week against the previous week’s offer amid low trades and limited inquiries.
News ID: 4061    Publish Date : 2019/03/17

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

SteelMint learned in recent conversations with industry participants that imported scrap offers to Bangladesh have moved down following softening sentiments in the global market.
News ID: 4029    Publish Date : 2019/03/15

Iranian Minister of Industry, Mine and Trade Reza Rahmani announced that Tehran and Baghdad are eager to boost their trade ties up to $20 billion.
News ID: 4024    Publish Date : 2019/03/14

Head of the Iran-Iraq Joint Chamber of Commerce Yahya Al-e Eshaq praised the achievements made during Iranian President Hassan Rouhani's 3-day visit to Iraq, saying that the two states are setting the stage for boosting the mutual trade to 20bln dollars.
News ID: 4010    Publish Date : 2019/03/13

Secretary of Iran-Iraq Chamber of Commerce said the obstacles to banking interaction between the two neighbors have been settled and the bilateral trade exchange is fairly normal.
News ID: 4007    Publish Date : 2019/03/13

The president of Iran voiced the country’s readiness to expand trade ties with Iraq and increase exports to the neighboring state.
News ID: 4006    Publish Date : 2019/03/13

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