This week Chinese steel market witnessed increase in prices from the beginning of the week,however fall towards the weekend amid fluctuating futures.Menawhile export offers continued to remain on higher side.
News ID: 3976 Publish Date : 2019/03/12
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
SteelMint in conversation with market participants learned that Chinese mills have lowered inquiries for pellets and high grade ore amid shrinking steel margins. Indian participants were expecting market sentiments to remain optimistic after Chinese Lunar New Year holidays, however the scenario has not remained similar now.
News ID: 3935 Publish Date : 2019/03/10
SteelMint reported early this week that Indian steel mill had raised HRC export offers for Vietnam and in the latest update received, a deal has also been reported recently.
News ID: 3892 Publish Date : 2019/03/08
Ammonia buyer CJ Indonesia has issued a tender requesting 6,000t for shipment to Gresik port in east Java.
News ID: 3148 Publish Date : 2019/01/03
A Chinese rebar deal concluded today into south-east Asia at $480/t fob, on a theoretical weight basis, indicates that Turkish mills would need to reduce their offers by at least $15/t to attract south-east Asian business.
News ID: 2760 Publish Date : 2018/11/30
While a downtrend in methanol spot prices in both Europe and Asia has impacted market sentiment in the final quarter of 2018, 2019 is expected to be a good year for the methanol market, according to Proman CEO David Cassidy.
News ID: 2695 Publish Date : 2018/11/23
Supply of propylene, benzene and styrene monomer was expected to remain ample in the Asian petrochemical market this week, while the US-China trade tensions continues to cast a pall over high density polyethylene as orders for toys, plastic bags and packaging material are canceled.
News ID: 2656 Publish Date : 2018/11/19
Northwest European steel mills have concluded their first 2019 deals with automotive buyers at a rollover from this year's prices, following protracted negotiations.
News ID: 2611 Publish Date : 2018/11/14
Bids for steel billets of Commonwealth of Independent States origin are notably lower than offers this week.
News ID: 2275 Publish Date : 2018/09/26
The upward trend in the global flat steel market has affected Iranian flat steel prices, but buyers are still looking for discounts, Metal Bulletin learnt on May 3.
News ID: 1143 Publish Date : 2017/05/08
Buying activity in the Iranian flat steel market has continued to slow over the past week, as customers are still unwilling to purchase foreign material, Metal Bulletin reconfirmed on February 15.
News ID: 981 Publish Date : 2017/02/19
Despite the rising value of hard currencies in Iran, steel traders were unable to raise prices last week.
News ID: 610 Publish Date : 2016/10/10
