SteelMint

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SteelMint in conversation with its market sources learned that an Indian pellet maker has recently concluded two export deals of 50,000 MT each for April delivery.
News ID: 4284    Publish Date : 2019/04/09

Australia - world's largest iron ore exporter has recorded drop in iron ore shipment for Q1 CY19, according to the vessel line up data maintained with SteelMint .
News ID: 4283    Publish Date : 2019/04/09

SteelMint in conversation with market participants learned that few Odisha based exporters have ramped iron ore export bookings amid lucrative global iron ore prices post announcement of supply disruption from Australian and Brazilian miners.
News ID: 4281    Publish Date : 2019/04/09

SteelMint in conversation with trade participants in Bangladesh shared that imported HRC offers fell by USD 5-10/MT as Chinese steel prices started softening in domestic and global market.
News ID: 4264    Publish Date : 2019/04/09

As per the data compiled by SteelMint ’s vessel line up department, Bangladesh has observed a sharp rise in bulk imports of ferrous scrap,
News ID: 4247    Publish Date : 2019/04/08

According to data maintained with SteelMint , Indian pellet export volumes have remained majorly stable on yearly basis. Pellet export volumes were registered at 9.22 MnT in FY'19 against 8.96 MnT in FY'18.
News ID: 4245    Publish Date : 2019/04/08

Amid fluctuation in Indian domestic sponge prices, the export offers to Bangladesh have remained more or less firm, as per SteelMint 's weekly assessment.
News ID: 4218    Publish Date : 2019/04/07

NMDC Ltd, India's biggest iron ore producer, has cut iron ore lump and fines price from its CG mines by up to INR 150/MT (5%), SteelMint learned from market sources.
News ID: 4212    Publish Date : 2019/04/07

As per trade sources report to the SteelMint , state owned & large mills in India who are making steel through blast furnace route are planning to raise their prices for April deliveries by approximately INR 500-1,000/MT (USD 7-14) across major markets
News ID: 4201    Publish Date : 2019/04/06

World's second largest iron ore miner-Rio Tinto estimates the overall impact of the cyclone is expected to result in loss of 14 MnT production in 2019.
News ID: 4197    Publish Date : 2019/04/06

After a gap of almost 2-months, a bulk scrap import vessel is expected to arrive at an Indian port. As per vessel line up data maintained with SteelMint , a bulk scrap import vessel named 'Orhan' is expected to arrive from the USA at Kandla port on 01st Apr'19
News ID: 4191    Publish Date : 2019/04/04

SteelMint has learned from the market sources that, Odisha based major merchant iron ore miners are heard to have increased discounts on bulk quantity purchase against last offer.
News ID: 4188    Publish Date : 2019/04/04

South Asian countries have observed increased imported scrap prices since the opening of the week on improved buying interest in Pakistan and Bangladesh, however, the Indian market remained slow on limited cash flow amid financial year closing and ahead of general election in the near future.
News ID: 4176    Publish Date : 2019/03/30

Essel Mining - a major iron ore miner in Odisha has reduced its offers for iron ore lumps by INR 300/MT (USD 4/MT) and INR 150/MT in fines (USD 2/MT) w.e.f 22nd Mar’19.
News ID: 4158    Publish Date : 2019/03/26

As per vessel line up data maintained with SteelMint , another vessel of HRC import from Iran is to arrive at Indian port.
News ID: 4157    Publish Date : 2019/03/26

SteelMint learned in recent conversation with participants that imported scrap market in Pakistan has observed improved buying interest amid improving local market sentiments this week.
News ID: 4117    Publish Date : 2019/03/22

As per the vessel line up data maintained by SteelMint , Indian iron ore export volumes have seen significant increase in Mar’19. Till 16 Mar Indian iron ore export volumes have been recorded at 0.48 MnT against 0.33 MnT in Feb’19.
News ID: 4113    Publish Date : 2019/03/22

SteelMint in conversation with market participants learned that Imported HRC offers to Bangladesh reported surge by around USD 15-20/MT from China.
News ID: 4096    Publish Date : 2019/03/21

As per industry sources report to SteelMint , Pakistan’s Government has indicated a hike in electricity tariffs by upto around 25% over the next few months period.
News ID: 4067    Publish Date : 2019/03/18

This week imported HRC offers to Bangladesh remain unchanged from China. Currently imported HRC (1.6-2mm) offers from China’s major mills are heard in range of USD 575-580/MT CFR Chittagong.
News ID: 4051    Publish Date : 2019/03/16

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