As per vessel line up data maintained with SteelMint, a bulk scrap import vessel named 'Bao Resource' is expected to arrive at Kandla port on 27th Apr'19.
News ID: 4413 Publish Date : 2019/05/04
According to vessel line up data maintained with SteelMint, vessel named “Magnum Force” carrying 53,860 MT pellets from Iran is expected to arrive at Kandla port shortly. Since the data maintained with SteelMint, it’s for the first time that India is importing pellets from Iran.
News ID: 4410 Publish Date : 2019/05/04
According to trade sources report to the SteelMint, few Odisha based major merchant iron ore miners are heard to increased iron ore offers by INR 200/MT today. SteelMint learned that miners namely Serajuddin Mines, KJS Ahluwalia, Kaypee Enterprises and RP Sao have raised fines prices by INR 200/MT.
News ID: 4407 Publish Date : 2019/05/04
This week (13-20 Apr'19), Indian domestic steel prices remained volatile, however trades remained on lower side amid ongoing elections & holidays mood.
News ID: 4403 Publish Date : 2019/05/04
Indian Ferro Manganese prices fell consecutively, for the last two weeks due to low demand in the domestic market. Producers are wary of prices falling further in the market.
News ID: 4402 Publish Date : 2019/05/02
Indian bulk rebar exports registered at 198,661 MT in FY19, as per vessel line up data maintained with SteelMint till Mar’19.
News ID: 4376 Publish Date : 2019/04/29
SteelMint in conversation with market participants shared that a major Indian steel mill have concluded a deal with Vietnam for April end-May shipments.
News ID: 4373 Publish Date : 2019/04/29
Indian Steel industry observed average inquiries during the Week-15 (9th to 13th Apr) owing to election mood in the country. In context to supply scenario, the production of Semis & Finished steel products more or less on same proportion, this led to volatility in prices.
News ID: 4365 Publish Date : 2019/04/20
Anti-dumping duty on imports of Ductile Iron (DI) pipes further extended till 09th May 2019, as per recent notification by Indian government.
News ID: 4348 Publish Date : 2019/04/12
Iron ore exports from India may hit 5 million tonnes (MnT) in Q1 FY20 on high demand for low grade from China, according to SteelMint analysis.
News ID: 4311 Publish Date : 2019/04/11
SteelMint in conversation with its market sources learned that an Indian pellet maker has recently concluded two export deals of 50,000 MT each for April delivery.
News ID: 4284 Publish Date : 2019/04/09
SteelMint in conversation with market participants learned that few Odisha based exporters have ramped iron ore export bookings amid lucrative global iron ore prices post announcement of supply disruption from Australian and Brazilian miners.
News ID: 4281 Publish Date : 2019/04/09
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
Rashtriya Ispat Nigam Limited (RINL)- the state-owned steel maker under the Ministry of Steel, had invited a tender for export of 30,000 MT billets of sizes 90*90, 77*77 & 65*65mm. Each billet lot offered was of 10,000 MT each. The material delivery is scheduled by 30 Apr'19.
News ID: 4268 Publish Date : 2019/04/09
India's domestic sponge iron market opened today with a slight price fluctuation of INR 100-200/MT, offers have remained similar on weekly basis.
News ID: 4267 Publish Date : 2019/04/09
Indian iron ore export volumes dropped significantly by 57% to 6.81 MnT as against 15.65 MnT in FY’18. Iron ore exports in the financial year FY’19 have hit three year low as this level was last seen in FY’16 at 6.04 MnT.
News ID: 4266 Publish Date : 2019/04/09
Steel export offers from eastern India increased by USD 5-10/MT (W-o-W). The prices moved up on account of surge in domestic prices by INR 700-1,000/MT (USD 10-15), W-o-W. It is to be noted that eastern India based mills have occupied largest share in Nepal's steel import.
News ID: 4263 Publish Date : 2019/04/09
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
According to data maintained with SteelMint, Indian pellet export volumes have remained majorly stable on yearly basis. Pellet export volumes were registered at 9.22 MnT in FY'19 against 8.96 MnT in FY'18.
News ID: 4245 Publish Date : 2019/04/08
Indian govt has initiated investigation of anti-dumping on the imports of Aluminum and Zinc coated flat products originating in or exported from China PR, Vietnam and Korea RP.
News ID: 4241 Publish Date : 2019/04/08