Following surge in Indian domestic prices, billet export offers to Nepal increased by USD 5-10/MT W-o-W. Deals for induction grade billet have been reported this week from eastern India, however primary mills are less interested to sell in Nepal owing to high offers in ocean market.
News ID: 8023 Publish Date : 2019/12/18
Indian sponge iron exports observed a jump of 62% in first 6 months of FY20 (Apr-Sep'19) against the same period in preceding year. Exports have increased on account of rising demand from neighboring countries like Bangladesh, Bhutan and Nepal .
News ID: 7339 Publish Date : 2019/11/04
One of India's largest steel producer - Vizag Steel, state owned steel maker under the Ministry of Steel, had invited a tender for export of 8,127 Billets, 8,127 MT Wire Rod and 5,418 MT Bloom to Nepal on 17th Sep'19.
News ID: 6700 Publish Date : 2019/10/03
Mid sized mills have raised export offers to Nepal following hike in Indian domestic prices. However demand remained subdued on account of weak steel demand in local market of Nepal as well and equivalent landed cost of mid size & large scale mills steel.
News ID: 6457 Publish Date : 2019/09/12
SteelMint recently learned from market sources based in Nepal , that major Indian steel mills have corrected their HRC export offers to Nepal for Sep shipments over bearish sentiments prevailing in domestic market.
News ID: 6204 Publish Date : 2019/08/28
Vizag Steel also known as RINL, the state-owned steel maker under the Ministry of Steel, had invited tender for export of 10,836 MT billets, 5,418 MT blooms and 8,127 MT wire rod to Nepal on 30th Jul'19.
News ID: 6036 Publish Date : 2019/08/18
In conversation with trade sources based in Nepal , SteelMint learned that major Indian steel mills are actively offering HRC exports to Nepal for Aug- Sep shipments. However Indian HRC export offers to Nepal reported marginal fall by USD 5/MT in recent deals concluded.
News ID: 5828 Publish Date : 2019/08/07
Indian mills resume HRC export offers to Nepal - As per conversation with industry participants, few major Indian steel mills in eastern India have resumed offering HRC exports to Nepal for Sep’19 deliveries.
News ID: 5475 Publish Date : 2019/07/25
Wire rod prices in eastern India are hovering at 1.5 years low as these levels were last seen in Dec'17. On account of piling up of stocks with the mid sized mills coupled with limited demand has kept market under pressure.
News ID: 5034 Publish Date : 2019/07/06
Rashtriya Ispat Nigam Limited (RINL) - a leading state-owned Pig iron producer and exporter had issued an export tender of 21,000 MT basic grade steel making Pig iron for any country other than Nepal .
News ID: 5006 Publish Date : 2019/07/03
State-run Vizag Steel also known as Rashtriya Ispat Nigam Ltd (RINL) has concluded its Wire Rod & Billet Export tender to Nepal .
News ID: 4889 Publish Date : 2019/06/24
Rashtriya Ispat Nigam Limited (RINL)- the state-owned steel maker under the Ministry of Steel, has invited tender for export of 5,418 MT Wire rods,13,545 MT Billets and 5,418 MT Blooms to Nepal .
News ID: 4775 Publish Date : 2019/06/09
Indian HRC export offers To Nepal for June shipments- Market sources shared with SteelMint that Indian major steel mill concluded a deal of HRC of re-rolling grade with Nepal for June shipments.
News ID: 4704 Publish Date : 2019/06/01
SteelMint in conversation with industry participants reported that Indian HRC export offers to Nepal reduced by USD 15/MT in recent deal concluded for June- July shipments.
News ID: 4642 Publish Date : 2019/05/26
A government owned steel mill located in eastern India has concluded Wire rod export deals to Nepal for about 8,000-10,000 MT, SteelMint learned from trade sources.
News ID: 4595 Publish Date : 2019/05/20
Iran exported 49,578 tons of non-oil commodities worth $12.77 million to Nepal in the last fiscal year (ended March 20, 2019) to register a 2,236.25% and 3,114.84% hike in tonnage and value respectively compared with the year before, the latest data released by the Islamic Republic of Iran Customs Administration show.
News ID: 4588 Publish Date : 2019/05/20
Indian Billet & Wire rod export offers to Nepal fell by USD 5-10/MT W-o-W, following declining offers in domestic market. However with falling export prices, purchases have improved by Nepal based mills.
News ID: 4552 Publish Date : 2019/05/16
Rashtriya Ispat Nigam Limited (RINL) - state-owned steel maker under the Ministry of Steel, has invited a tender for export of 10,836 MT Billets and 2,709 MT Bloom.
News ID: 4486 Publish Date : 2019/05/10
Eastern India (Durgapur) based couple of mills have concluded small lots of billet & wire rod export deals to Nepal yesterday, SteelMint learned from the exporters.
News ID: 4434 Publish Date : 2019/05/06
Vizag Steel (Rashtriya Ispat Nigam Limited)- the state-owned steel maker under the Ministry of Steel, had invited tender for export of 10,836 MT (equivalent to 4 rakes) Billet to Nepal on 5th Apr'19. The bid due date was on 16th Apr and offer validity was till 19th Apr. The delivery for the material is scheduled by 15 May’19.
News ID: 4392 Publish Date : 2019/05/02