New copper wire chopping capacity that came on line in the US over the last two years sought to convert an abundance of insulated wire into exportable, higher-quality grades in response to tougher scrap import standards from key consumer China.
News ID: 5820 Publish Date : 2019/08/07
Most Asian steel mills have withdrawn offers to Indian buyers on concerns that a safeguard duty may be imposed soon.
News ID: 5613 Publish Date : 2019/07/30
China is still importing oil from Iran weeks after the US imposed sanctions aimed at halting sales of crude from the Persian Gulf nation, Official customs data showed.
News ID: 5529 Publish Date : 2019/07/28
Imports of steel products into the US fell in June because of declines in imports of semi-finished, hot-rolled coil (HRC) and hot-dipped galvanized (HDG) products.
News ID: 5450 Publish Date : 2019/07/24
Indian Finish long steel imports increased by around 36.5% M-o-M in May’19, as per recent released custom data maintained by SteelMint.
News ID: 4885 Publish Date : 2019/06/24
SteelMint learned from industry participants that Indian imported scrap prices inch down on a weekly basis in limited deals reported. Following continued global price fall, Indian scrap importers remain majorly cautious before buying actively amid weakening local semi-finish prices and still subdued finish steel demand.
News ID: 4829 Publish Date : 2019/06/16
South Korea's crude steel production increased and recorded a rise of 1.4% to 6.0 MnT in Apr'19 as against Apr'18. In line with it, in first 4 months of CY19, production also grew by 2.8% to 24.38 MnT in Jan-Apr'19 in comparison with 23.71 MnT during Jan-Apr'18.
News ID: 4711 Publish Date : 2019/06/01
US tariff cuts on steel imports from Turkey has started strengthening the trade sentiment in CIS nations, effects can be witnessed with recent billet export indications from CIS nations, which was reported to be USD 420-423/MT, FoB Black Sea. This is higher against last week offers of USD 410-415/MT, FoB Black Sea.
News ID: 4625 Publish Date : 2019/05/22
South Korea imported 353,000 barrel per day of Iranian crude last month, up 17% on March ahead of the removal of sanction waivers that granted South Korea and another seven countries to legally import certain amounts of Iranian crude despite US sanctions.
News ID: 4564 Publish Date : 2019/05/18
Global scrap prices witnessed an overall downward trend this week. Turkey-based importers turned active towards week close pulling prices down.
News ID: 4538 Publish Date : 2019/05/16
According to General Administration of Customs, China - the world's largest iron ore consumer and importer, recorded fall of 7% in iron ore imports to 80.77 MnT in Apr'19 against 86.42 MnT in Mar'19
News ID: 4520 Publish Date : 2019/05/14
In conversation with market participants, SteelMint learned that bulk scrap import prices to Bangladesh have come down considerably in recent bookings made.
News ID: 4513 Publish Date : 2019/05/14
According to vessel line up data maintained with SteelMint, India imported 53,860 MT pellets from Iran in the month of April'19 compared to nil imports in last month. Since the data maintained with SteelMint, it’s for the first time that India has imported pellets from Iran.
News ID: 4502 Publish Date : 2019/05/14
As per the data compiled by SteelMint’s vessel line up department, Bangladesh has observed a sharp rise in bulk imports of ferrous scrap,
News ID: 4247 Publish Date : 2019/04/08
Indian iron ore imports in FY19 has been recorded at 12.36 MnT, up 44% compared to 8.60 MnT for FY18, according to the data maintained by SteelMint. This is 2nd record high on yearly basis as prior to this, Indian iron ore imports hit record high at 15.07 MnT in FY15.
News ID: 4246 Publish Date : 2019/04/08
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
Finish long Steel (Bar and Rod) imports in India moved up sharply by 19% in Jan’19 and registered at 51,579 MT against 43,319 MT in Dec’18, as per recent released custom data.
News ID: 4034 Publish Date : 2019/03/15
Taiwan, world’s one of the leading ferrous scrap importers has observed a second successive rise in scrap imports in CY’18 since CY’16. The country imported 3,386,357 MT ferrous scrap during CY18 as against 2,673,513 MT during CY17 witnessing a rise of 27% Y-o-Y, the recent customs data showed.
News ID: 4015 Publish Date : 2019/03/14
JSW Steel - India's largest steel maker recorded Jan19 iron ore imports at 0.19 MnT, down significantly by 79% as against 0.91 MnT in Dec’18. The miner imported 0.19 MnT of ore from Australia (down 74% M-o-M), and recorded nil imports from Brazil.
News ID: 3916 Publish Date : 2019/03/09
Buying activity was absent in the Iranian flat steel import market over the past week.
News ID: 912 Publish Date : 2017/01/25
