Trader

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UK-based bank HSBC has filed a court application to place Singapore-based trading firm Zenrock Commodities under judicial management, piling further pressure on the city-state's oil trading sector following the collapse of counterpart Hin Leong last month.
News ID: 9349    Publish Date : 2020/05/06

Poland's largest thermal coal producer Polska Grupa Gornicza (PGG) has stopped output from three of its mines, affecting about 20pc of its capacity, because of a worsening Covid-19 outbreak among its employees.
News ID: 9344    Publish Date : 2020/05/06

Total losses from a structured crude oil product marketed to retail investors by the Bank of China could be more than ($1.27 billion), the Caixin financial news outlet reported on Sunday, citing official sources.
News ID: 9246    Publish Date : 2020/04/26

China's domestic cold-rolled coil (CRC) prices have fallen to three-year lows because of a slow recovery in the auto sector, forcing mills with negative margins to make production cuts.
News ID: 9236    Publish Date : 2020/04/27

Seaborne coking coal prices surprisingly rose during the first quarter of this year in contrast to most commodities but the past three weeks have erased these gains, with Covid-19 slashing demand in major consumer regions Europe and India.
News ID: 9116    Publish Date : 2020/04/13

Cement companies in India, the world second biggest market, are wary about short-term prospects for demand and may not rush to restart plants if the federal government begins lifting its lockdown from 15 April.
News ID: 9068    Publish Date : 2020/04/08

India's domestic hot-rolled coil (HRC) prices increased this week as traders restocked.
News ID: 8288    Publish Date : 2020/01/10

India's coated steel prices remained flat this week, as demand stayed slow after the festive season ended in October.
News ID: 7462    Publish Date : 2019/11/14

Trader s in China have been rushing to sell off their coking coal cargoes since last week as reports surface of bans on customs clearance and vessel discharge at ports across China.
News ID: 7287    Publish Date : 2019/11/06

Iran's state-owned shipping company NITC has reported an incident involving one of its crude tankers in the Red Sea, further unnerving Asian petrochemical traders and distributors.
News ID: 6626    Publish Date : 2019/10/11

This week SteelMint heard from its trade sources that domestic HRC prices slumped further by INR 500-1000/MT in traders market post announcement of roll over in flat steel prices by major steelmakers in month of Sep’19.
News ID: 6448    Publish Date : 2019/09/11

Mining and commodities trader giant Glencore (LON:GLEN) is lending Canada’s First Cobalt Corp. (TSX-V:FCC) an initial $5 million to restart the company’s refinery in Ontario, which would become the only North American producer of refined cobalt for the electric vehicle (EV) market.
News ID: 6189    Publish Date : 2019/08/26

India's coated steel prices fell this week, as monsoon rains slowed construction activity.
News ID: 5821    Publish Date : 2019/08/07

This week Indian PPGI prices remain firm amid lesser trades prevailing in domestic market. Thus trade prices remain largely stable this week owing ongoing elections happening in domestic market.
News ID: 4535    Publish Date : 2019/05/15

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