SteelMint learned in recent conversations with industry participants that imported scrap offers to Pakistan have sharply declined over the last week on softening of prices globally, while trades in good volumes were concluded at favorable prices, with buyers taking advantage of India’s continued absence in the market.
News ID: 5249 Publish Date : 2019/07/17
Global ferrous scrap markets witnessed an overall mixed trend this week. Turkey witnessed price correction by USD 8-10/MT in limited trades concluded from Baltic origin. Japan's Tokyo Steel lowered domestic scrap purchase price by another JPY 500/MT.
News ID: 4749 Publish Date : 2019/06/04
Indian pellet offers have decreased further this week amid decline in sponge prices, lowered pellet buying interest at current offers.
News ID: 4119 Publish Date : 2019/03/22
Lowered pellet buying interest from Chinese mills and decline in P-DRI prices have turned sentiments bearish in domestic pellet market. Despite the reduction in pellet offers by eastern and central India based pellet makers, trade activities have remained dull.
News ID: 3964 Publish Date : 2019/03/11