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Billet export offers from all the major markets remained largely stable with slight uptick in CIS & Iran. However, Turkish imported scrap prices have inched up marginally.
News ID: 7374    Publish Date : 2019/11/02

Iranian Industry Minister Reza Rahmani said car manufacturers and part makers of his country welcome Chinese carmakers wishing to invest in Iran.
News ID: 7369    Publish Date : 2019/11/11

The sharp decline in graphite electrodes prices in past one year has dragged down the performance of Chinese graphite electrodes manufacturer, Fangda Carbon, as its net profits have registered a fall of more than 50% in the first three quarters of 2019.
News ID: 7297    Publish Date : 2019/10/31

Traders in China have been rushing to sell off their coking coal cargoes since last week as reports surface of bans on customs clearance and vessel discharge at ports across China.
News ID: 7287    Publish Date : 2019/11/06

Billet: Yesterday, the ex-factory price of general carbon square billet in Tangshan, Changli and Qian’an was settled at RMB 3,350/MT, down RMB 10; in today’s morning session, the price of billet tends to go weak and transactions on billet are moderate while price of finished steel slips slightly.
News ID: 7115    Publish Date : 2019/10/29

Chinese HRC export offers inch up on tight availability- The Chinese mills have slightly raised their HRC export offers for the first time since Aug'19 when the prices had started to decline. Currently, China HRC export offers stand around USD 430-440/MT FoB China, up by USD 5-10/MT in comparison with USD 425-430/MT in the previous week.
News ID: 7111    Publish Date : 2019/10/29

This week Chinese steel makers kept domestic steel prices largely stable over competitive offers in the overseas market. This week iron ore prices moved up towards the weekend. Coking coal offers remained largely stable. Nation’s HRC export offers witnessed a decline despite an uptick in domestic prices. However, rebar export offers remain range-bound.
News ID: 7107    Publish Date : 2019/10/26

Bank of China subsidiary BOCI has completed its first trade on the LME's fob China hot-rolled coil (HRC) contract on behalf of a client.
News ID: 6999    Publish Date : 2019/10/25

Indian billet and pig iron exports turn active on renewed buying interest from Chinese traders.
News ID: 6991    Publish Date : 2019/10/16

Chinese shipping firm COSCO Dalian has transferred a 50pc stake in China LNG Shipping (CLNG) to its parent company, in a move that exempts 12 LNG carriers from US sanctions.
News ID: 6957    Publish Date : 2019/10/24

British Steel's official receiver (OR) today said that Turkish pension fund Ataer Group's period of exclusivity to carry out due diligence on UK steelmaker British Steel was coming to an end.
News ID: 6886    Publish Date : 2019/10/23

This week Chinese steel prices exhibited downtrend over volatile futures. However, the nation’s export offers remain largely stable post holidays.
News ID: 6862    Publish Date : 2019/10/12

A press release from the Aluminum Extruders Council confirms that the U. S. Department of Commerce has ruled that jalousie shutters exported from the Dominican Republic fall under the scope of the Aluminum Extruders Council trade orders against the Chinese aluminium extrusion industry. This is a key decision for the U.S. aluminium industry because these shutters are made from window frame aluminium extrusions imported from China.
News ID: 6834    Publish Date : 2019/10/22

With the beginning of this week imported HRC offers to Vietnam reported a further decline from major exporting nations. Market sources based in Vietnam shared that buyers continue to eye for cheaper HRC offers. Although, Chinese steel mills are celebrating Golden Week holidays from 1st Oct to 7 Oct’19.
News ID: 6820    Publish Date : 2019/10/08

Chinese private-sector producer Jiangsu Shagang cut its rebar ex-works prices by 100 yuan/t ($14/t) for late October deliveries on rising supplies and sluggish demand.
News ID: 6799    Publish Date : 2019/10/21

There is talk in the European hot-dip galvanised (HDG) market about a potential loophole created by the European Commission's latest review of its definitive steel safeguard.
News ID: 6625    Publish Date : 2019/10/11

The relative strength of China's steel markets has frozen its spot export sales, easing the glut in seaborne trade, but some Asian scrap market participants are not sure how long that absence will last, especially as China's slower winter demand season takes hold.
News ID: 6623    Publish Date : 2019/10/11

Chinese export coil prices have held at a premium to delivered export s since mid-August. China in the past has pulled Asean prices higher to flip back to a discount, but this time the market expects China will be pulled lower.
News ID: 6580    Publish Date : 2019/10/09

Iran has ended cooperation with the Chinese CNPC company after lagging in completion of the development of the phase 11 of South Pars oil and gas field, Oil Minister Bijan Namdar Zanganeh announced on Sunday.
News ID: 6557    Publish Date : 2019/10/06

According to a recent report, the Ministry of Industry and Trade (MoIT) has decided to officially impose the highest rate of anti-dumping duties on aluminium products from 16 Chinese producers. While six Chinese exporters will face the duty of 35.58 per cent, eight between 18.16 per cent and 35.39 per cent, the final two will face a rate of less than 10 per cent.
News ID: 6538    Publish Date : 2019/10/03

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