China's demand for iron ore pellets and high-quality ore is expected to accelerate in 2020 as a result of Beijing's push to shift dozens of steel mills to coastal regions in its battle to stop smog blanketing industrial cities.
News ID: 6301 Publish Date : 2019/09/05
SteelMint in conversation Indian pellet makers and other market participants analyzed that bids for Indian pellets have witnessed increment this week. Following surge in global iron ore fines price, pellet export prices has also strengthened this week.
News ID: 4816 Publish Date : 2019/06/14
West India (Rajasthan) based pellet maker - Jindal SAW has increased pellet prices by INR 150/MT. Current offers for Fe 63% grade pellets have moved up to INR 8,450/MT (delivered Kandla) against the previous offer of INR 8,300/MT at last week. Jindal SAW runs a 1.5 MnT pellet plant in Bhilwara (Rajasthan).
News ID: 4546 Publish Date : 2019/05/16
World's 3rd largest iron ore importer - South Korea has witnessed fall in iron ore and pellet import volumes in Feb’19. The imports witnessed at 5.06 MnT, down 18% as against 6.19 MnT in Jan’19. However, the imports on yearly basis dropped 4% as against 5.26 MnT in Feb’18.
News ID: 4095 Publish Date : 2019/03/20
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
Indian Steel prices further declined this week (14-19th Jan'19) through the mid size mills due to weak demand from the domestic & global buyers. The participants reported improved supply, while demand continue to stagnant, this has resulted significant fall in prices
News ID: 3471 Publish Date : 2019/01/29
Two pelletizing plants with production capacity of 5 million tonnes (total capacity of 10 million tonnes) will be inaugurated by cooperation with private sector in the current Iranian year (will end in March 2017), Chairman of the board of IMIDRO said.
News ID: 606 Publish Date : 2016/10/06
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
Iran is expected to witness significant expansion in its pelletizing capacity in the coming years as local steel mills strive to balance their existing production chains, feed new DRI (direct reduced iron) plants and increase their cost advantage.
News ID: 525 Publish Date : 2016/08/13
Iran maintained its position as the world’s 14th largest crude steel producer by manufacturing 16.1 million tons of the industrial material in 2015, despite a 200,000-ton drop compared to a year before, according to the latest report by the World Steel Association.
News ID: 329 Publish Date : 2016/05/30