South Korean steel mills have continued buying multiple bulk scrap cargoes at corrected prices since last two weeks. Massive scrap bookings comprising another 152,000 MT mixed scrap have been made for Mar-April deliveries this week.
News ID: 3418 Publish Date : 2019/01/26
South Korean steel mills have bought multiple bulk cargoes at corrected prices this week. Scrap purchase enquiries from US, Russia and Japan to South East Asian markets increased and steel mills remained in search for bulk cargoes at reasonable prices.
News ID: 3365 Publish Date : 2019/01/23
India world’s third-largest scrap importer after Turkey and South Korea has witnessed more than a half MnT bulk scrap imports in 2018. As per vessel line up data maintained with SteelMint, Indian bulk scrap imports recorded at 515,121 MT in CY18. Which increased 37% Y-o-Y in 2018 as against 376,600 MT bulk scrap imports recorded during CY17.
News ID: 3302 Publish Date : 2019/01/17
SteelMint learned in recent conversations with industry participants that limited trades for containerized scrap concluded at stable prices in Bangladesh this week. However, sentiments remain moderate amid limited inquiries in the local market by end customers.
News ID: 2853 Publish Date : 2018/12/08
As per SteelMint's weekly assessment, sponge iron export offers to Bangladesh fall by about USD 10/MT. The prices moved down in line with declining Indian domestic prices on wake of improved supply. India's local sponge prices have moved down by INR 700-1,200/MT (USD 7-17) in a week's time.
News ID: 2313 Publish Date : 2018/09/30
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