CFR

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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

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