State-owned, MSTC-Karnataka, conducted the e-auction for Manganese Ore from Sandur Mines (SMIORE) on 26 Dec' 19. The auction has received an overwhelming response, as the entire quantity of Manganese ore was booked at 27.5% higher value than the total Floor value pt the base price of Manganese ore firm for December Auction.
News ID: 8136 Publish Date : 2019/12/27
Chinese vanadium prices have fallen in 2019 from a year earlier on a rise in spot availability and lower demand from producers of reinforcement steel bar (rebar) amid a slowing economy.
News ID: 8089 Publish Date : 2019/12/24
Indian medium and small scale mills have raised rebar offers amid strengthening raw material (billet) prices along with improved trade volume. Rebar prices increased by INR 400-1,300/MT (USD 5-19) across markets on weekly basis.
News ID: 8019 Publish Date : 2019/12/18
Australian graphite developer Renascor Resources has entered into an initial agreement with Sicona Battery Technologies to jointly develop battery anode material from Renascor's Siviour graphite project, which is being progressed in South Australia.
News ID: 8008 Publish Date : 2019/12/18
Mill-tied distributors in Europe have been in discussions with third-country hot-rolled coil (HRC) exporters this week over supply concerns.
News ID: 7948 Publish Date : 2019/12/13
Reprocessing is the first production step: Integration of shredding machines into foundry plants
News ID: 7757 Publish Date : 2019/12/04
Steel Authority of India Ltd (SAIL) - a govt. owned steel producer conducted auction for around 6,100 MT steel grade pig iron today from its Rourkela Steel plant (eastern India). The auction received weak response as entire offered quantity remained unsold.
News ID: 7657 Publish Date : 2019/11/18
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
The Navratna CPSE under the Ministry of Mines, National Aluminium Company, is aiming to extend the longevity of its alumina refining and aluminium smelting operations, and therefore, trying to bank on long-term raw material security.
News ID: 7619 Publish Date : 2019/11/30
The European Commission today initiated a formal investigation into circumvention of anti-dumping duties on Chinese hot-dip galvanised (HDG) coil.
News ID: 7544 Publish Date : 2019/11/26
Moroccan-based OCP will expand its facilities in Brazil, building four more warehouses in the country.
News ID: 7506 Publish Date : 2019/11/22
Northwest European steelmakers are hiking their hot-rolled coil (HRC) offers in response to strengthening Italian prices, and to use as leverage in fraught contractual negotiations.
News ID: 7489 Publish Date : 2019/11/15
Domestic supply of ferrous scrap in Ukraine remained below steelmakers' requirements, despite the introduction of a higher scrap export duty in April, driving mills to seek seaborne material .
News ID: 7458 Publish Date : 2019/11/14
Beijing verbally told all regional customs authorities today to suspend coal imports because the country's receipts appear set to exceed the limit set for 2019.
News ID: 7423 Publish Date : 2019/11/13
Steel Authority of India Ltd (SAIL) - a govt. owned steel producer conducted auction for around 4,100 MT steel grade pig iron today from its Rourkela Steel plant (eastern India). The auction received good response with around 80% of the material offered got booked at base price.
News ID: 7420 Publish Date : 2019/11/11
SteelMint learned from market participants that imported scrap prices to Turkey have slightly inched up in several deep-sea cargo bookings completed in the last few days. Amid tight material availability, the market expects the uptrend to continue for the medium term.
News ID: 7412 Publish Date : 2019/11/08
Pittsburgh-based Allegheny Technologies (ATI) expects its volumes to increase in the first half of 2020, after customers delay shipments of jet engine material s and components in the fourth quarter.
News ID: 7061 Publish Date : 2019/11/01
With China becoming a key hub of Graphite electrodes over past two years, the demand for its key raw material – needle coke also increased. Few years back, before the hype around GE industry happened, needle coke was not of major interest to the steel industry participants. However, tables turned and in time span of two years, China added to its needle coke capacity, 550,000 tonnes in 2018 and 510,000 tonnes in 2019 (making its total capacity 1.06 MnT), thus leading to its increased supplies in the domestic market.
News ID: 7053 Publish Date : 2019/10/23
Up to 90pc of the global marine fleet will be using compliant fuel in December, Phillips 66 said today.
News ID: 6993 Publish Date : 2019/10/25
The spread between US prices for refined aluminum shredded product twitch and zorba, the scrap used to make it, has narrowed by 8¢/lb since the first week of the year, spelling tighter margins for heavy media separators across the country.
News ID: 6953 Publish Date : 2019/10/24