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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

India world’s third-largest ferrous scrap importer after Turkey and South Korea has witnessed a rise of 16% Y-o-Y in ferrous scrap imports in CY18. As per customs data, India imported 5,285,427 MT ferrous scrap in CY’18 as against 4,568,471 MT recorded in CY’17.
News ID: 3998    Publish Date : 2019/03/13

Indian Silico Manganese Prices remains unchanged W-o-W amid steady market.
News ID: 3995    Publish Date : 2019/03/13

During the week-8 (16-23 Feb'19), Indian steel prices in secondary market remained on a free fall owing to weak demand from the domestic buyers & strong supply.
News ID: 3975    Publish Date : 2019/03/12

Indian Ferro Manganese prices raises for the first time in CY19. The prices have seen a long trend of decline until this week. Prices in Durgapur increased by INR 1000/MT and for Raipur the prices increased by INR 500/MT.
News ID: 3965    Publish Date : 2019/03/11

Following significant downfall in domestic sponge prices, export offers have also went down by USD 5-10/MT and by USD 10-15/MT in a week's duration.
News ID: 3963    Publish Date : 2019/03/11

India's imported scrap market has exhibited bearish market sentiments this week. Following decline in Turkey imported scrap prices, offers to India have also observed a downfall, however few market participants highlighted that sharp decline in offers is less expected in near term amid recent hike in freight rate of scrap cargoes.
News ID: 3960    Publish Date : 2019/03/11

According to the customs data release, Indian flat steel exports in CY’18 stood at 5.23 MnT witnessed steep decline by 44% as compared to 9.42 MnT in CY’17.
News ID: 3937    Publish Date : 2019/03/10

Following price competitiveness among sponge producers on increased availability, the domestic sponge iron prices have come down significantly.
News ID: 3932    Publish Date : 2019/03/10

Indian Semis prices further drop owing to lack of demand and strengthening supply, as per participants. The prices fall by INR 100-500/MT (upto USD 7), day on day.
News ID: 3931    Publish Date : 2019/03/10

SteelMint learned from trade sources that Indian importers booked decent trades for imported HMS scrap on improved sentiments in steel export market.
News ID: 3886    Publish Date : 2019/03/08

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

According to the customs data maintained with SteelMint, Indian pellet exports have marked rise of 46% to 1.02 MnT in Jan'19 as against 0.70 MnT in Dec'18. On yearly basis, the exports increased 59% as compared to 0.64 MnT in Jan'18.
News ID: 3827    Publish Date : 2019/03/04

Indian refiners are increasingly optimistic on winning another round of waiver to continue buying Iranian oil, at reduced levels, as New Delhi has put forward a strong case to Washington that it will not be able to afford zero Iranian crude, delegates attending a three-day petroleum conference in New Delhi said.
News ID: 3603    Publish Date : 2019/02/12

Iran’s Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) signed a memorandum of understanding (MoU) with India’s chamber of commerce on Tuesday in New Delhi, to broaden economic and commercial ties between the two sides.
News ID: 3203    Publish Date : 2019/01/08

Indian rescuers trying to reach a group of miners trapped in a remote and illegal "rat-hole" coal mine are struggling to pump out water from the 370-foot-deep pit, further dimming their chances of survival more than three weeks into their ordeal.
News ID: 3158    Publish Date : 2019/01/04

A senior Indian foreign ministry official lauded the important role played by Iran's Southeastern port city of Chabahar in bringing about development for the regional countries.
News ID: 3075    Publish Date : 2018/12/25

Indian iron ore pellet prices have fallen by around 7.5pc so far this month to around $125/dry metric tonne (dmt) cfr China, hit by a drop in demand in the wake of less stringent environmental restrictions imposed on mills.
News ID: 2612    Publish Date : 2018/11/14

The United States said on Tuesday it would exempt Iran's Indian -backed port of Chabahar from new sanctions on Tehran, recognizing the value of the project to Afghanistan.
News ID: 2571    Publish Date : 2018/11/10

Two Indian oil companies have placed orders to import Iranian crude next month, Oil Minister Dharmendra Pradhan said Monday, defying a call from President Donald Trump's administration for countries to completely cut-off Iran.
News ID: 2396    Publish Date : 2018/10/09

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