Pellet export prices have inched up in the recent deal. This is 3rd export deal concluded by the company in a week's time.
News ID: 8035 Publish Date : 2019/12/14
Indian low-grade iron ore fines (Fe 57/58) export price has increased marginally this week to around USD 58-59/MT, CFR China witnessing a weekly hike of USD 1- 2/MT.
News ID: 8033 Publish Date : 2019/12/14
Indian steel mills cheer on active demand from global market, SteelMint learned from market participants. Most of the large mills making billets from BF route are booked for Jan/Feb shipments.
News ID: 8031 Publish Date : 2019/12/14
SteelMint in conversation with market participants learned that major Raipur (Central India) based pellet manufacturers have increased offers today by INR 300/MT.
News ID: 8029 Publish Date : 2019/12/16
Australia - world's largest iron ore exporter has recorded rise in iron ore shipment for Nov’19, according to the vessel line up data maintained with SteelMint . Australia's iron ore export shipments recorded at 71.90 MnT in Nov'19, up 5% as compared to 68.33 MnT in Oct’19.
News ID: 8027 Publish Date : 2019/12/16
In conversation with Vietnam based market participants, SteelMint learned that prominent HRC exporting nations keep their offers consistent against the previous week.
News ID: 8026 Publish Date : 2019/12/16
The graphite electrodes prices globally are on a free-fall for over the past one year amid excess supply and poor downstream demand. As per SteelMint 's analysis, the electrode prices have plunged by almost 67% y-o-y basis (ex-China). This includes both HP as well as UHP grades.
News ID: 8021 Publish Date : 2019/12/18
This week domestic HRC prices exhibited a mixed response. Prices witnessed increase by INR 500/MT in northern and southern regions, however in western and eastern regions of India prices remained range-bound.
News ID: 8018 Publish Date : 2019/12/18
Eastern China’s largest private ferrous scrap consumer and EAF steelmaker - Shagang Jiangsu Steel group has announced its 2nd price lowering in a week, cutting down its bids by RMB 30/MT (USD 4) for all grades of domestic steel scrap procurement, with the new prices effective from today, 29th Nov’19.
News ID: 7963 Publish Date : 2019/11/29
Major Indian steel mills increased their imported HRC offers by USD 10/MT for Jan'20 deliveries, SteelMint learned from market sources.
News ID: 7961 Publish Date : 2019/11/29
SteelMint in conversation with market participants learned low-grade fines (Fe 57/58) export price picked up to around USD 55-57/MT as against last week's assessment at around USD 54-57/MT. The market is supported amid rise in Chinese demand and falling iron ore inventory at major Chinese ports & restocking ahead winters.
News ID: 7746 Publish Date : 2019/11/23
Indonesian government’s Ministry of Trade has decided to impose new regulations for import of ferrous scrap - among other waste products - to the country, from 23 Nov’19, SteelMint learned from sources.
News ID: 7655 Publish Date : 2019/11/18
Odisha govt. had invited bids for grant of iron ore and manganese ore mining leases. The last date for submission of the bid for 1st phase was today in which 10 mines were put under hammer.
News ID: 7653 Publish Date : 2019/11/18
Indian pig iron export market has regained momentum on active buying from China. Two deals (55,000 MT combined) being concluded recently, SteelMint learnt from market participants.
News ID: 7609 Publish Date : 2019/11/16
Indian pellet export prices have found support on declining Chinese port stocks. SteelMint ’s pellet export assessment stands at USD 104-106/MT, CFR China for standard grade pellets with 3% Al, Fe 64%. Pellet export assessement has increased marginally against last assessment at USD 103/MT, CFR China.
News ID: 7603 Publish Date : 2019/11/16
SteelMint learned from industry participants that imported scrap offers to South-East Asia have slightly increased this week, after observing a sharp hike in the previous week.
News ID: 7418 Publish Date : 2019/11/11
Indian Finish long steel exports surged by 47.7% Q-o-Q in Q2 FY’20, as per the customs data maintained with SteelMint . Finish long steel export was recorded at 309,641 MT in Q2 FY’20 against 209,612 MT in Q1 FY’20.
News ID: 7417 Publish Date : 2019/11/11
Imported scrap trades in India remained quite slow this week, with buying of Shredded scrap in particular remaining silent all through the week, SteelMint learnt from market participants. Although offers moved up for yet another week as global market continued its uptrend, however buyers remained less interested in limited inquiries witnessed.
News ID: 7409 Publish Date : 2019/11/08
Khouzestan Steel Company (KSC) - one of the leading exporters of Iran, has invited export tender for billets (150*150 & 130*130mm) and slabs of quantity 30,000 MT each. The tender is due tomorrow. The company is eyeing to conclude the deal at USD 360/MT, FoB for billet and USD 350/MT, FoB for slab.
News ID: 7405 Publish Date : 2019/11/07
Nepal based steel mills continue to actively book sponge iron from India.
News ID: 7400 Publish Date : 2019/11/07