This week, SE Asia’s billet import market was reported trade silent for the consecutive week amid New Year Holidays with few major suppliers remaining out of market.
News ID: 8142 Publish Date : 2019/12/27
Vietnam's imported HRC market has observed some trades towards end of this week. Chinese mill have heard to booked 30,000 MT HRC to Vietnam at USD 510/MT CFR Ho Chi Minh for Feb deliveries. China's Bengang Steel Plates Co. Ltd.(a subsidiary of Benxi Steel Group Corporation, incorporated as a joint-stock limited company engaged in the smelting of steel and the rolling and processing of steel plates).
News ID: 8140 Publish Date : 2019/12/27
Imported scrap trades to India witnessed some improvement this week, with several container bookings for HMS scrap being concluded in the western region on account of the domestic market showing improvement in billet sales and prices. Although offers continued to rise with the ongoing uptrend, market participants expect further improvement in buying activities from Jan’20 onwards amid positive signs from the finished steel market.
News ID: 8138 Publish Date : 2019/12/27
PELLEX remains stable at INR 6,650/wmt (DAP Raipur). No deals were reported in this publishing window at the increased offer by Raipur pellet makers. Raipur based pellet offers stable at INR 7,000/MT( Ex-plant); normalizing for freight to Raipur at INR 7,150/MT (DAP Raipur).
News ID: 8137 Publish Date : 2019/12/27
The US is pressuring Baghdad not to reopen an important border corridor with Iran, sources in Diyali revealed on Saturday.
News ID: 8131 Publish Date : 2019/12/29
An Iranian official said an accord between Tehran and the Eurasian Economic Union (EAEU) countries will turn into a free trade agreement within the next two or three years.
News ID: 8128 Publish Date : 2019/12/28
Indian Silico Manganese prices have escalated by 5% since last Monday in Raipur. Meanwhile, in Durgapur, prices remained stable with a marginal increase as compared to Raipur. The producers are affirmative and are increasing their production levels, which were discontinued in the past few months due to the lower margins in the Silico Manganese trade.
News ID: 8107 Publish Date : 2019/12/24
Domestic pellet offers in India moved up in all major markets. In Durgapur SteelMint’s reference, pellet price assessment stands at INR 6,500/MT ex-plant as against last week's pellet assessment of INR 6,300-6,400/MT (ex-Durgapur, GST extra). However, participants reported limited trades.
News ID: 8104 Publish Date : 2019/12/24
Iran exported $152 million worth of commodities to Uzbekistan during the first eight months of the current Iranian year (March 21-Nov. 21) to register a 60% rise compared with last year’s corresponding period, according to Chairman of Trade Promotion Organization of Iran Hamid Zadboum.
News ID: 8065 Publish Date : 2019/12/22
Asia-Pacific bitumen markets are ending a fairly stable year, as the impact of the US-China trade war and new sulphur regulations are offset by stable consumption in key southeast Asian markets. And demand looks likely to stay firm in 2020, despite potential weakness in the first quarter.
News ID: 8060 Publish Date : 2019/12/23
Oil prices fell slightly on Friday but were still set for a third straight weekly gain after easing US-China trade tensions lifted business confidence and the outlook for global economic growth.
News ID: 8054 Publish Date : 2019/12/20
Bangladesh Ambassador in Tehran Gousal Azam Sarker underlined the need for developing economic and trade relations between his country and Iran, specially in area of carpet-weaving.
News ID: 8050 Publish Date : 2019/12/22
Tajikistan's Minister of Economy and Trade Nematollah Hekmatzadeh underlined age-old and friendly ties between Tehran and Dushanbe, saying that his country endeavors to boost economic convergence with Iran.
News ID: 8047 Publish Date : 2019/12/22
Medium scale mills in Bangladesh have inched down rebar offers amid slow trades. However raw material (melting scrap) prices continue uptrend.
News ID: 8038 Publish Date : 2019/12/13
Indian medium and small scale mills have raised rebar offers amid strengthening raw material (billet) prices along with improved trade volume. Rebar prices increased by INR 400-1,300/MT (USD 5-19) across markets on weekly basis.
News ID: 8019 Publish Date : 2019/12/18
This week domestic HRC prices exhibited a mixed response. Prices witnessed increase by INR 500/MT in northern and southern regions, however in western and eastern regions of India prices remained range-bound.
News ID: 8018 Publish Date : 2019/12/18
The year 2019 can be called an aftermath of trade wars, restrictive tariffs, sanctions, capacity cuts and price volatility that impacted the aluminium value chain the year earlier.
News ID: 8011 Publish Date : 2019/12/18
Iranian Deputy Industry, Mine and Trade Minister Barat Qobadian announced that his ministry is planning to indigenize 20 technologies which generate high revenues for the country.
News ID: 7967 Publish Date : 2019/12/16
South Korea is in talks with the United States over Iran’s call for Seoul to resume exports of humanitarian goods to Tehran, a report said.
News ID: 7955 Publish Date : 2019/12/14
The US will delay indefinitely the imposition of tariffs on imports from China after Washington and Beijing concluded negotiations on an interim trade agreement.
News ID: 7944 Publish Date : 2019/12/13