Indian Silico Manganese Prices remains at the same levels as compared to the previous week. The global Manganese Ore prices have increased in line with reducing stocks at the Chinese ports and the increased freight rates.
News ID: 5481 Publish Date : 2019/07/25
Global ferrous scrap prices showed stability in major markets with indications of prices bottoming out in the Japanese market in the coming days. US suppliers from west coast remained comparatively active offering bulk to South East Asian markets than east coast sellers offering to Turkey and South Asia. Chinese domestic scrap prices rise on supply tightness.
News ID: 5472 Publish Date : 2019/07/25
This week Chinese steel prices remained volatile since the Chinese government announced stringent production curbs in Tangshan region to control surplus capacity in China. Meanwhile the govt also extended the production curbs till Oct’19. However despite rebound in domestic steel prices, nation’s export offers continue to remain soft over thin trades from overseas buyers.
News ID: 5470 Publish Date : 2019/07/25
Toyota Motor Corp. and its Chinese partner BYD Co. will develop battery-electric vehicles and batteries as the Japanese automaker is looking at building affordable EVs for the world's top vehicle market in collaboration with its Chinese partners. Toyota and the Chinese electric automaker announced in a statement that they would manufacture sedans and crossovers to be sold under the Toyota brand in China before 2025.
News ID: 5427 Publish Date : 2019/07/23
Indian Ferro Chrome Prices are at almost the same levels as last week. Ferro Chrome prices have hit the bottom amid low demand, both in the domestic as well as the global market.
News ID: 4975 Publish Date : 2019/07/01
Towards end of last week, Tangshan announced steel & sintering production cuts of 20-50% until 1st Aug to curb air pollution. Against Friday's Chinese domestic billet prices went up by RMB 100 (USD 14-15/MT, yesterday)
News ID: 4964 Publish Date : 2019/07/01
Chinese HRC export offers lift over gains in domestic market- This week Chinese HRC export offers moved up by USD 10-15/MT after witnessing continual decline since last few weeks owing to pessimistic sentiments prevailing in domestic market.
News ID: 4958 Publish Date : 2019/07/01
It seems that the tables have turned for global Graphite Electrode (GE) manufacturers, including Indian producers, as after enjoying price buoyancy for almost two years, prices have started falling at an unrestrained pace.
News ID: 4953 Publish Date : 2019/07/01
Today, the ex-factory price of general carbon billet in Tangshan, Changli and Qian’an was settled at RMB 3,410/MT, down RMB 20 since morning. However on weekly basis it dropped RMB 80-100 compared with last Friday.
News ID: 4851 Publish Date : 2019/06/20
This week Chinese steel market witnessed decline in domestic steel prices over volatile futures. However nation’s export offers continued to remain subdued owing to softening demand in global market.
News ID: 4836 Publish Date : 2019/06/18
As per the recent data released by NBS (National Bureau of Statistics), Chinese crude steel output records new high in May’19 at 89.09 MnT.
News ID: 4828 Publish Date : 2019/06/16
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
Ferro Chrome prices have hit the bottom amid low demand in the domestic and global market as well. Prices for Ferro Chrome are falling aggressively amid bearish market sentiments. Market participants believe that the prices are highly affected due to lowered Chinese Tender Prices.
News ID: 4768 Publish Date : 2019/06/07
Chinese HRC export offers weigh down further over falling domestic prices- Chinese HRC export offers decline further this week owing to falling steel prices in domestic market.
News ID: 4761 Publish Date : 2019/06/07
This week Chinese steel prices witness pessimistic market sentiments over increased supply and weakening prices in domestic market. However spot iron ore prices reported decline by the end of this week.
News ID: 4746 Publish Date : 2019/06/04
This week Chinese plate export offers witnessed decline over thin trading along with bearish sentiments hovering in domestic market.
News ID: 4699 Publish Date : 2019/05/31
According to the data maintained by SteelMint, Iran's iron ore exports via bulk shipments in second month of current Persian year (May'19) was recorded at 1.91 MnT, up 45% as against 1.31 MnT a month ago. The exports in May'19 have hit highest since Apr'18.
News ID: 4698 Publish Date : 2019/05/31
This week imported HRC offers to Vietnam inch down by USD 5/MT on weekly basis after lowering of offers from Chinese mills amid weakening of Yuan against USD
News ID: 4628 Publish Date : 2019/05/22
This week Chinese steel market started with optimistic market sentiments along with higher steel prices post May day holidays. However towards the end of weekend prices started tumbling as the USA govt announced increase to 25% from 10% on $200 billion worth of Chinese imports.
News ID: 4536 Publish Date : 2019/05/16
As per latest data released by Chinese customs, nation’s finished steel exports in Apr’19 stood at 6.33 MnT, unchanged as compared to previous month.
News ID: 4519 Publish Date : 2019/05/14
Condolence message of the Minister of Industry, Mining and Trade following the martyrdom of the President of Iran and his delegation
Condolence message from the CEO of Sangan Steel following the martyrdom of Ayatollah Raisi, the President and his companions
Leader declares five days of national mourning over loss of Raisi, FM
Iran president, FM killed in tragic helicopter crash