Domestic prices of PPGI (Pre-painted Galvanized Iron) in India surged by around INR 1000-1250/MT this week over improved demand and active buying prevailing in the domestic market .
News ID: 8141 Publish Date : 2019/12/27
Pellet deals for around 10,000 MT reported to Raipur market from Odisha based pellet maker at INR 5,500-5,600/MT(Ex-plant); normalizing for freight to Raipur at INR 6,150-6,250/MT (DAP Raipur). Amid pending deliveries of previous bookings, few Raipur pellet makers are still not offering in the domestic market .
News ID: 7959 Publish Date : 2019/11/29
Japanese leading electric-arc steel manufacturer, Tokyo Steel Manufacturing Co Ltd, has announced a roll-over in its steel prices today for the Dec deliveries.
News ID: 7654 Publish Date : 2019/11/18
Iran's biggest steelmaker Mobarakeh Steel Company's sales in the domestic market are expected to exceed 350 trillion rials ($3.07 billion) by the end of the current fiscal year (March 19, 2020), says the managing director of the company.
News ID: 6842 Publish Date : 2019/10/21
This week SteelMint learned from market sources that Indian HR-Plate prices have witnessed further correction by INR 750-1000/MT in the domestic market .
News ID: 6461 Publish Date : 2019/09/12
Indian HRC prices continue to remain on lower side over monotonous demand and mute buying prevailing in domestic market . This week domestic HRC prices registered decline in few markets like Ahmedabad and Bangalore by around INR 750-1000/MT. As per market reports, few major Indian steel mills are taking up production cuts owing to slowdown in domestic sales & inventory pile up.
News ID: 6178 Publish Date : 2019/08/26
Market sentiments in Rapur domestic pellet market improved this week following sharp hike in pellet sponge prices yesterday. Two deals for pellets for 10,000 and 16,500 MT reported yesterday at INR 6,100-6,200 (ex- Raipur) from Raipur based pellet makers.
News ID: 5922 Publish Date : 2019/08/15
The Iranian Ministry of Industry, Mine and Trade has not issued any permits for iron ore pellet exports since the beginning of August because of a shortage in the domestic market .
News ID: 5808 Publish Date : 2019/08/07
Domestic plate prices have remained stable this week after witnessing continuous correction over seasonal slowdown with onset of monsoon season and thin trades happening in domestic market .
News ID: 5730 Publish Date : 2019/08/05
In conversation with market participants, SteelMint learned that imported scrap offers to Bangladesh have been stabilized this week, however, the domestic market situation remained sluggish amid heavy rains and upcoming holidays for Eid in the country.
News ID: 5723 Publish Date : 2019/08/05
Indian HRC prices continued to remain on lower side over tedious demand and dull buying prevailing in domestic market . Trade sources shared that market sentiments continued to remain lackluster over fewer trades happening in domestic market .
News ID: 5721 Publish Date : 2019/08/05
SteelMint in conversation with trade participants shared that domestic PPGI prices witnessed further correction by upto INR 750/MT this week as arrival of monsoon season lead to bearish market sentiments and slowdown of trade activities in domestic market .
News ID: 5350 Publish Date : 2019/07/20
JSW Steel, India's largest private steel producer has released its quarterly crude steel output results today.As per results company’s long steel output witness growth and flat steel output registered decline in first quarter of FY20 against previous quarter.
News ID: 5119 Publish Date : 2019/07/11
Sluggish buying and dull trades have kept domestic HRC market sentiments subdued in domestic market . Ongoing elections, rising inventory among traders due to poor sales volumes along with lull demand resulted in bearish sentiments in India’s domestic flat steel market.
News ID: 4514 Publish Date : 2019/05/14
Vietnam's domestic steel producer - Formosa Ha Tinh Corporation has today announced fresh steel offers for Nov’18 shipments. Company revises its HRC & wire rod offers on monthly basis which is considered as the benchmark for Vietnamese buyers.
News ID: 2233 Publish Date : 2018/09/22