Chinese HRC export offers continue to remain downside - Chinese HRC exports offers witnessed slight correction by USD 5/MT on weekly basis due to slow demand from overseas buyers.
News ID: 5857 Publish Date : 2019/08/08
Chinese HRC export offers inch down over ample supply- This week Chinese HRC exports offers witnessed slight correction amid availability of increased stock levels both in domestic and overseas market. Thus overseas buyers are reluctant to purchase over expectation of further decline in prices on the back of volatile futures.
News ID: 5689 Publish Date : 2019/08/02
SteelMint learned from market sources that Essar Steel having the steel making capacity of 10 MnT has witnessed the growth of 10% in its crude steel output in FY19.
News ID: 4302 Publish Date : 2019/04/11
Market sources shared with SteelMint that imported HRC offers to Vietnam have inched down this week by USD 5/MT. Disparity between HRC export offers from mills in China, India and lower bids resulted to slowdown in buying activities from Vietnam.
News ID: 4120 Publish Date : 2019/03/22
In a recent update on Essar Steel’s insolvency case, after the Ahmedabad bench of NCLT (National Company Law Tribunal) announced its decision in favour of Arcelor Mittal last week, the three directors of board of Essar Steel on Monday approached the National Company Law Appellate Tribunal (NCLAT) against this decision of NCLT.
News ID: 4084 Publish Date : 2019/03/19
According to reports, UK headquartered Arcelor Mittal is planning to build up a new integrated steel facility of capacity 3-6 MnT at Paradip port in Odisha. Only recently Arcelor Mittal has received approval from the Essar Steel’s lenders to take over the company with its resolution plan of INR 42,0000 crore.
News ID: 2782 Publish Date : 2018/12/02
Glencore in talks to sell Philippine copper smelting unit
Rasul Khalife Soltani, Secretary of the Iranian Steel Producers Association on the sidelines of the 1403 Steel Symposium:
Mobarakeh steel is producing green steel through scrap recycling
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Iron ore price weakens as Australia flags return to sub-$100 prices
Nickel price hits 4-year low as gloom offsets potential Indonesia cuts
Mercuria partners with Zambia on metals trading venture
Sibanye raises $500m via metals streaming deal with Franco-Nevada
Triple Flag to acquire royalty on Tres Quebradas lithium project
Volkswagen buys 9.9% of Patriot Battery Metals for $48 million
Aluminum price falls to one-month low in wider commodity slump
India’s record gold import said to be due to calculation error
Lure of Anglo’s copper mines could test BHP’s spending resolve
Iron ore price weakens as Australia flags return to sub-$100 prices
Nickel price hits 4-year low as gloom offsets potential Indonesia cuts
Sibanye raises $500m via metals streaming deal with Franco-Nevada
Triple Flag to acquire royalty on Tres Quebradas lithium project
Volkswagen buys 9.9% of Patriot Battery Metals for $48 million
Aluminum price falls to one-month low in wider commodity slump
India’s record gold import said to be due to calculation error
Glencore in talks to sell Philippine copper smelting unit
