Trade

Tags - Trade
Iranian Minister of Industry, Mining and Trade Reza Rahmani expressed pleasure that the country's alumina industry is keeping its way towards further progress and production despite the harsh US sanctions.
News ID: 7597    Publish Date : 2019/11/28

Commercial Attaché of Iran in Iraq Nasser Behzad announced that non-oil trade transactions between the two countries is rising, adding that Tehran and Baghdad have traded $6 billion worth of non-oil goods in the past 7 months.
News ID: 7564    Publish Date : 2019/11/26

Oil prices rose on Monday as positive comments from the United States and China rekindled hopes in global markets that the world’s two largest economies could soon sign an interim deal to end their bitter trade war.
News ID: 7561    Publish Date : 2019/11/25

Managing Director of Aras Free Trade Zone (FTZ) Mohsen Nariman said on Sunday that the 280 million population market of the Eurasian Economic Union (EAEU) with an $800 billion worth economic capacity is full of opportunities for Iran, adding that his country’s annual trade with the union is expected to reach $15 billion.
News ID: 7531    Publish Date : 2019/11/24

Drakewood Capital Management has traded the LME's China steel coil export contract, in the first reported trade by a hedge fund since the contract launched in March.
News ID: 7511    Publish Date : 2019/11/22

South Korean Ambassador to Tehran Yu Jang Hian underlined the need for the settlement of problems which prevent further development of economic and trade ties and cooperation with Iran.
News ID: 7497    Publish Date : 2019/11/21

Chairman of Iran’s Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) Qolamhossein Shafyee and Chairman of the Foreign Economic Relations Board of Turkey (DEİK) Nail Olpak, in a meeting in Tehran, exchanged views on ways to boost cooperation between the private sectors of the two countries and to bolster national currency use in bilateral trade.
News ID: 7491    Publish Date : 2019/11/20

Drops in steel prices and quota exhaustion changed the trade flows for certain products in and out of the EU in September, Eurofer data show.
News ID: 7486    Publish Date : 2019/11/15

Syrian Prime Minister Imad Khamis stressed that his country attaches great importance to the development of trade and economic relations and cooperation with Iran.
News ID: 7447    Publish Date : 2019/11/14

Imported scrap trades in India remained quite slow this week, with buying of Shredded scrap in particular remaining silent all through the week, SteelMint learnt from market participants. Although offers moved up for yet another week as global market continued its uptrend, however buyers remained less interested in limited inquiries witnessed.
News ID: 7409    Publish Date : 2019/11/08

Iranian Foreign Minister Mohammad Javad Zarif and his Kazakh counterpart Mukhtar Tleuberdi in a meeting in the city of Nur Sultan explored avenues for broadening of mutual cooperation and Caspian legal regime.
News ID: 7398    Publish Date : 2019/11/12

A total of 1,726 industrial units, out of the 10,380 inactive ones in Iran, were revived in the last Iranian year (March 2018-19), while 529 were revived during the first half of the current Iranian year (March 21-Sept. 22).
News ID: 7391    Publish Date : 2019/11/10

Head of Iran’s Trade Promotion Organization (TPO) Hamid Zadboum said the country plans to start talks with the Eurasian Economic Union (EAEU) next year to establish a free trade agreement.
News ID: 7366    Publish Date : 2019/11/10

As per the SEAISI (South East Asia Iron and Steel Institute) data, ASEAN six countries that includes Indonesia, Thailand, Malaysia, Singapore, Philippines, and Vietnam, finished steel imports in H1 2019 have been recorded at 25 MnT, registering a growth rate of 5.6% against the growth of 2.8% in H1 2018.
News ID: 7352    Publish Date : 2019/11/05

India's domestic pellet market mostly stable on weekly basis except Ex-Bellary based pellet assessment decreased marginally to INR 6,100-6,200/MT this week against last week at INR 6,100-6,300/MT.
News ID: 7348    Publish Date : 2019/11/05

Imported scrap offers to India have continued to rise for another week following the global upside. SteelMint's assessment for imported scrap to India has increased by USD 10/MT W-o-W. No major deal for containers was reported this week due to mismatch in buyers’ bids and offers from suppliers.
News ID: 7335    Publish Date : 2019/11/01

Crude oil futures fell on Friday amid lingering uncertainty on whether, and when, the United States and China will agree a long-awaited deal to end their bitter trade dispute, the gloom compounded by rising crude inventories in the United States.
News ID: 7329    Publish Date : 2019/11/09

This week Iranian billet export market remained slow amid semi holiday week, on account of Martyrdom of Imam Reza. However, billet export offers from the country increased marginally towards end of the last week. SteelMint assessment for Iranian billet are standing at USD 350-355/MT, FoB Iran, up USD 5/MT against last week.
News ID: 7308    Publish Date : 2019/10/31

Medium scale re-rollers in Bangladesh have slightly reduced their rebar offers by BDT 500/MT (USD 6) against last week. The offers have come down on account of weak trade volumes due to liquidity crunch, as stated by participants to SteelMint.
News ID: 7302    Publish Date : 2019/10/31

Imported scrap trades to Bangladesh have turned very slow this week, with no major bookings being reported in the market, SteelMint learned from market participants. Offers to Bangladesh have marginally inched up while the global market has remained stable for over a week now. Although trades have remained limited in the previous few weeks, however, the recent fall in the local finished steel market amid subsided demand has aggravated the situation further.
News ID: 7299    Publish Date : 2019/10/31

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