SteelMint in conversation with trade sources learned that assessment for low-grade iron ore fines export from India has remained stable. SteelMint’s assessment for low grade (Fe 57/58%) iron ore fines prices have remained mostly stable at USD 57-58/MT, FoB India equivalent to USD 67-68/MT, CFR China.
News ID: 4557 Publish Date : 2019/05/17
Indian Ferro Manganese prices fell in Durgapur by another INR1000/MT amid low demand. Producers are wary of prices falling further in the market.Indian Ferro Manganese prices are being deeply affected by high grade Malaysian Ferro Manganese imports
News ID: 4529 Publish Date : 2019/05/15
This week Chinese steel market reported rebound in its steel prices as buyers in China were restocking the material amid May Day holiday. However nation’s export offers witnessed decline over subdued trades.
News ID: 4491 Publish Date : 2019/05/10
Chinese HRC export offers edge down despite rebound in domestic prices- Chinese HRC export offers reported decline on weekly basis despite rebound in domestic prices. Traders in the domestic market are restocking the inventories ahead of May day holidays in China.
News ID: 4466 Publish Date : 2019/05/09
Billet export offers from CIS nations and Iran have softened this week. Offers from CIS have come down by USD 5-10/MT and domestic Chinese prices exhibited volatility this week.
News ID: 4447 Publish Date : 2019/05/07
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
As per new price circular released, Japan’s leading EAF steel mini-mill - Tokyo Steel has lowered domestic scrap purchase price by JPY 500/MT (USD 5) at all five works in Japan. New prices for all grades shall be effective from tomorrow (16th Apr'19).
News ID: 4377 Publish Date : 2019/04/29
Following fall in average bids fetched in Kanto monthly scrap export tender, the steelmaker has lowered scrap prices by JPY 500/MT today.
News ID: 4330 Publish Date : 2019/04/11
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
Southern India (Bellary) pellet offers for Fe 63% grade increased by INR 200/MT this week. SteelMint’s assessment for Bellary origin pellets at INR 7,000/MT (basic) against last week’s assessment at INR 6,800-6,900/MT amid logistic constraints.
News ID: 4306 Publish Date : 2019/04/11
Eastern India based pellet maker - Brahmani River Pellets has recently concluded pellet export deal to China, SteelMint learned from company officials. Deal for 60,000 MT pellets with Fe 64% and 3% Al was learned to be concluded at around USD 117/MT, CFR China for April shipment.
News ID: 4304 Publish Date : 2019/04/11
Chinese HRC export offers move up amid gains in domestic market- Chinese HRC export offers moved up this week following surge in domestic HRC prices.
News ID: 4303 Publish Date : 2019/04/11
Inquiries for seaborne pellet cargoes from Chinese mills which remained subdued since almost a month’s time has observed some signs of improvement this week. Indian pellet export prices have fallen in recent deals concluded.
News ID: 4147 Publish Date : 2019/03/25
Chinese HRC export offers inch up following strengthening domestic market - Nation’s HRC export offers continue to move in upward direction following increase in domestic prices.
News ID: 4118 Publish Date : 2019/03/22
Chinese HRC export offer increases over gains in domestic market- Chinese HRC export offers continued to show uptrend amid improved buying and restocking demand prevailing among end users in China.Meanwhile increase in domestic prices also pushed export offers in upward direction.
News ID: 4068 Publish Date : 2019/03/18
As per new price circular released, Japan’s leading EAF steel mini-mill - Tokyo Steel has raised domestic scrap purchase price further by JPY 500/MT (USD 5) at all five works effective from tomorrow (28th Feb).
News ID: 4030 Publish Date : 2019/03/15
Iranian billet export offers witnessed a downfall in current week. Offers decreased almost by around USD 10/MT W-o-W to around USD 390-400/MT FoB. Last week, billet export offers of Iran were noted to be around USD 400-410/MT FoB.
News ID: 3977 Publish Date : 2019/03/12
Fob Indonesia prices rose again this week, supported by tight availability amid weather issues in Kalimantan and Sumatra and strong Chinese demand.
News ID: 3909 Publish Date : 2019/03/08
Following rising expectations in the market, the steelmaker has raised scrap purchase prices twice this week
News ID: 3890 Publish Date : 2019/03/08
Indian (low Alumina) pellet export tender heard to have received highest bid at USD 115-117/MT FOB India, which is equivalent to USD 127/MT CFR China
News ID: 3889 Publish Date : 2019/03/08
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Abandoned copper mines embraced as fast track to boost output
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