In conversation with trade participants, SteelMint learned that Indian mills have increased HRC export offers to Vietnam by around USD 5-10/MT against last week.
News ID: 7304 Publish Date : 2019/10/31
Indian HRC bulk export shipments in September are estimated at around 616,000 MT, up from August export levels of 510,000 MT, a rise of over 20% m/m, based on data of 20 ports maintained by SteelMint.
News ID: 6709 Publish Date : 2019/10/04
This week Chinese finished steel prices continued to remain volatile amid fluctuations in the futures market. With the aspiration of clear and pollution-free sky, stringent production curbs announced by Hebei, Shanxi and Shandong provincial govt ahead of China’s National Day processions on 1st Oct’19 sent spot steel prices soaring. However, prices could not sustain the momentum and started to decline towards the end of the week with the curbs engrossing major downstream steel-consuming sectors resulting in a decline in demand.
News ID: 6597 Publish Date : 2019/09/28
Weakening trades, higher inventories and falling steel prices compelled Indian steel mills to actively export HRC to global market
News ID: 6437 Publish Date : 2019/09/09
SteelMint recently learned from market sources based in Nepal, that major Indian steel mills have corrected their HRC export offers to Nepal for Sep shipments over bearish sentiments prevailing in domestic market.
News ID: 6204 Publish Date : 2019/08/28
SteelMint recently learned from industry participants that major Indian steel mills have increased HRC export offers for Vietnam in recent deals concluded by USD 7-10/MT for July-Aug shipments.
News ID: 5015 Publish Date : 2019/07/04
Major Indian steel manufacturers have booked around 50,000 MT HRC for exports to Vietnam over rising export prices and sluggish sales prevailing in domestic market.
News ID: 4969 Publish Date : 2019/07/01
SteelMint learned from market sources that major Indian steel mills have raised HRC export offers for Vietnam by USD 5-10/MT looking at rebounding in demand in overseas market.
News ID: 4957 Publish Date : 2019/07/01
Imported HRC offers to Vietnam reported slight increase this week amid surge in steel prices from China. Higher export offers from Chinese origin HRC in the starting of the week amid surge in domestic prices in turn leads to marginal increase in imported HRC offers to Vietnam.
News ID: 4287 Publish Date : 2019/04/09
This week Chinese steel prices reported decline over weak trading in domestic market and fluctuating futures. Country’s rebar and HRC export offers remained stable this week. Coking coal offers moved down this week over limited trades from China. However iron ore prices recorded increase towards the weekend.
News ID: 4195 Publish Date : 2019/04/04
Market sources in conversation with SteelMint shared that imported HRC offers to Vietnam have inched down this week by USD 5-10/MT amid competitive offers from steel mills in China.
News ID: 4165 Publish Date : 2019/03/29
SteelMint learned from market participants that Indian HRC export prices to Nepal have remained stable in recent bookings concluded for April end shipments.
News ID: 4143 Publish Date : 2019/03/25
SteelMint reported early this week that Indian steel mill had raised HRC export offers for Vietnam and in the latest update received, a deal has also been reported recently.
News ID: 3892 Publish Date : 2019/03/08
In line with SteelMint previous report on Indian steel mills planning to raise HRC export offers by USD 10-20/MT. A major private steelmaker based in eastern India has concluded HRC export deal of around 1 rake for Feb end or early march shipment. In another deal concluded recently by a mill, the deal price for 2 rakes of HRC export to Nepal was assessed around similar levels.
News ID: 3858 Publish Date : 2019/03/06
Glencore in talks to sell Philippine copper smelting unit
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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
