In southern region of India, Bellary (Karnataka) sponge prices have inclined upto INR 900/MT (USD 13) in a week's time. Participants reported falling inventories amid less availability of raw materials which resulted in price hike in the market.
News ID: 4342 Publish Date : 2019/04/12
During the week-14 (1st-6th April), Indian spot trades were subdued and due to disruption in power supply in Central region, the prices of Billet & Rebars found support, meanwhile sponge iron prices remained slightly fluctuates on improved availability.
News ID: 4280 Publish Date : 2019/04/09
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
In the 1st week of March 2019 (2-9th Mar), Indian domestic trade activities were subdued. The mid sized mills reported mix response from domestic buyers over uncertainty in the market.
News ID: 4081 Publish Date : 2019/03/19
Sponge iron prices in Indian domestic market slightly fell by INR 200-500/MT (USD 3-7) in last couple of days over persistent limited inquiries.
News ID: 4069 Publish Date : 2019/03/18
Sponge iron export offers from eastern India to Bangladesh have again dropped by USD 10/MT following decline in domestic prices by INR 500-1,000/MT (USD 7-14) in a week's time.
News ID: 4018 Publish Date : 2019/03/14
Rebar offers of mid sized mills in Bangladesh have remained unchanged this week amid average deals, trade participants reported.
News ID: 3933 Publish Date : 2019/03/10
Following surge in Indian domestic sponge prices, the export offers to Bangladesh increased sharply by USD 15/MT W-o-W. In line with Indian domestic sponge iron price hike, it marked uptick by INR 1,500/MT (USD 22) W-o-W in eastern region.
News ID: 3856 Publish Date : 2019/03/06
Sponge iron exporters from eastern India reported weak demand due to significant fall in imported scrap offers to the Bangladesh.
News ID: 3301 Publish Date : 2019/01/17
Nepal, the major buyer of Indian Billet & Wire rod registered sharp fall in its monthly imports in Billet by 10% & Wire rod by 62% in Nov'18.
News ID: 2953 Publish Date : 2018/12/18
SteelMint learned in recent conversations with industry participants that limited trades for containerized scrap concluded at stable prices in Bangladesh this week. However, sentiments remain moderate amid limited inquiries in the local market by end customers.
News ID: 2853 Publish Date : 2018/12/08
As per SteelMint assessment, domestic rebar prices in Bangladesh have slightly fallen on weekly basis. Slight price corrections were made by medium scale mills by BDT 500-700/MT (USD 6-8.5) amid limited trade volumes.
News ID: 2362 Publish Date : 2018/10/04
Supply of Sponge iron which is the key fuel for standalone EA or Induction furnaces in India, has witnessed gradual increase amid clear weather supporting sponge production along with improved logistics of raw materials i.e. Iron ore, pellets & coal.
News ID: 2320 Publish Date : 2018/10/01
As per SteelMint's weekly assessment, sponge iron export offers to Bangladesh fall by about USD 10/MT. The prices moved down in line with declining Indian domestic prices on wake of improved supply. India's local sponge prices have moved down by INR 700-1,200/MT (USD 7-17) in a week's time.
News ID: 2313 Publish Date : 2018/09/30
Sponge iron export offers to Bangladesh remain unaltered on weekly basis from Eastern & Southern India. The prices remained firm amid steady demand from the neighboring countries.
News ID: 2243 Publish Date : 2018/09/24
In recent conversations with market participants SteelMint learned that imported scrap offers to Bangladesh have increased slightly following high Indian sponge prices and limited scrap offers in the global market.
News ID: 2239 Publish Date : 2018/09/24
Sponge iron export offers from eastern India to Bangladesh remain unaltered, as per SteelMint's weekly assessment. The prices remained firm on account of steady demand despite volatility in Indian domestic sponge market.
News ID: 2207 Publish Date : 2018/09/21
Darya Magazine’s interview with Dr. Mehdi Karbasian, Chairman of the board of IMIDRO
News ID: 1223 Publish Date : 2017/08/27
MSC managing director:
In a measure designed to meet the needs of local customers, especially producers of pipes and profiles, the better part of production at Saba Steelmaking and Continuous Casting Plant now focuses on low-thickness products, Managing Director of Mobarakeh Steel Company (MSC) Bahram Sobhani, Ph.D., told a Management Committee meeting of the steel giant.
News ID: 584 Publish Date : 2016/09/03
The Italian Danieli group, which is one of the world’s largest suppliers of equipment and plants to the metal industry, is set to revamp Khorasan Steel Company’s electric arc furnace technology to boost the steel mill’s steel production capacity, Minews reported.
News ID: 536 Publish Date : 2016/08/20