SteelMint learned from industry participants that imported scrap trades in Bangladesh have remained slow as current prevailing offers in the market are comparatively high against buyers’ expectation and other subcontinental markets.
News ID: 4325 Publish Date : 2019/04/11
Imported HRC offers to Vietnam reported slight increase this week amid surge in steel prices from China. Higher export offers from Chinese origin HRC in the starting of the week amid surge in domestic prices in turn leads to marginal increase in imported HRC offers to Vietnam.
News ID: 4287 Publish Date : 2019/04/09
Major global scrap markets observed price correction this week. Turkish scrap importers remained away from bulk bookings amid political uncertainty pulling prices down against last week.
News ID: 4282 Publish Date : 2019/04/09
This week Chinese steel market exhibited mixed sentiments as the steel export offers softened despite hike in domestic prices. Chinese HRC and rebar export offers inched down this week amid public holidays and subdued trades
News ID: 4279 Publish Date : 2019/04/09
SteelMint learned from industry participants that imported scrap market in Bangladesh has observed very limited trades as local sentiments have turned down now.
News ID: 4238 Publish Date : 2019/04/08
SteelMint learned in conversation with industry participants that after booking actively during last week, Pakistan scrap importers have slowed down purchases since past couple of days.
News ID: 4214 Publish Date : 2019/04/07
After a gap of almost 2-months, a bulk scrap import vessel is expected to arrive at an Indian port. As per vessel line up data maintained with SteelMint, a bulk scrap import vessel named 'Orhan' is expected to arrive from the USA at Kandla port on 01st Apr'19
News ID: 4191 Publish Date : 2019/04/04
South Asian countries have observed increased imported scrap prices since the opening of the week on improved buying interest in Pakistan and Bangladesh, however, the Indian market remained slow on limited cash flow amid financial year closing and ahead of general election in the near future.
News ID: 4176 Publish Date : 2019/03/30
SteelMint learned from industry participants that imported scrap market in Bangladesh has observed two bulk scrap vessels booked last week.
News ID: 4159 Publish Date : 2019/03/29
This week observed hike in rebar prices amid short supply in spot market. Shagang Steel raised long steel prices by RMB 40-50/MT (USD 6-7).
News ID: 4154 Publish Date : 2019/03/26
According to National Bureau of Statistics, China - world's largest consumer and importer of iron ore has witnessed fall in crude iron ore production for Jan-Feb'19.
News ID: 4152 Publish Date : 2019/03/26
SteelMint learned from industry participants that imported scrap market in Bangladesh has maintained silence in terms of trades since last two weeks’ time.
News ID: 4142 Publish Date : 2019/03/25
SteelMint learned from industry participants that imported scrap market in Bangladesh has observed very limited trades for imported scrap amid subdued demand this week.
News ID: 4102 Publish Date : 2019/03/21
SteelMint learned from industry participants that Turkey’s imported scrap market has observed limited bookings so far this week at almost stable prices. However, steel mills remain hesitant to buy aggressively amid high offers and weak finish steel demand.
News ID: 4098 Publish Date : 2019/03/21
SteelMint in conversation with market participants learned that Imported HRC offers to Bangladesh reported surge by around USD 15-20/MT from China.
News ID: 4096 Publish Date : 2019/03/21
As per recent update received to SteelMint, Iran is all set to ship its first consignment of HRC to India. As per the bulk vessel data maintained with SteelMint an Iranian steel mill has shipped 32,000 MT HRC.
News ID: 4089 Publish Date : 2019/03/20
Major ferrous scrap markets exhibited an upward trend except for China. Prices moved up slowly amid positive sentiments in suppliers’ side and anticipation of a recovery in March demand in the near terms.
News ID: 4082 Publish Date : 2019/03/19
This week imported HRC offers to Bangladesh remain unchanged from China. Currently imported HRC (1.6-2mm) offers from China’s major mills are heard in range of USD 575-580/MT CFR Chittagong.
News ID: 4051 Publish Date : 2019/03/16
Chinese HRC export offers inch up further - Chinese HRC export offers inch up further by USD 5-10/MT amid gains in domestic market.Meanwhile surge in futures can also be attributed for increased prices in export market.
News ID: 4013 Publish Date : 2019/03/14
This week major scrap markets observed bearish sentiments witnessing decline in prices except Japan where prices moved up sharply.
News ID: 3978 Publish Date : 2019/03/12
Iran Alloy Steel Company intends to purchase 12 tons of ferrotungsten through public tender
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Iran Alloy Steel Company intends to purchase 12 tons of ferrotungsten through public tender
Iran Alloy Steel Company intends to purchase 150 tons of Low-Carbon Ferro Manganese through public tender
Marimaca Copper eyes ASX dual listing to boost Chile project
Osisko Development surges on permitting milestone for Cariboo gold project
Earth AI, Legacy Minerals make first greenfield palladium discovery using artificial intelligence
Mexico’s proposed higher mining royalties could block nearly $7bn in investments
Sierra Leone woos miners to clean energy with $11 billion plan
Alrosa plans production cuts and staff reduction for 2025
Chile’s rare salt flat fish face threat from lithium mining project