Importe

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Importe d scrap offers to South East Asia remained stable amid thin trades owing to holidays. SteelMint learned from industry participants that many global yards have remained closed for ongoing winter vacations, while Japanese suppliers also remain closed till the 1st week of Jan'20.
News ID: 8216    Publish Date : 2019/12/30

Importe d scrap trades to Pakistan remained slow for another week with buyers staying away from actively procuring on sufficient bookings for Jan’20 shipments. Offers to Pakistan remained mostly stable in comparison to last week, with only few suppliers offering presently as most European yards remain closed for winter vacation.
News ID: 8186    Publish Date : 2019/12/31

Importe d scrap trades to Bangladesh remained very slow this week as most suppliers didn’t have sufficient material to offer, with many yards being closed for winter vacations. Inquiries from buyers also remained limited on account of low slow steel market and sufficient inventories. Some industry participants expect the demand to improve by Jan next year with many mills requiring restocking.
News ID: 8144    Publish Date : 2019/12/26

Russian scrap offers to South Korea increased significantly, according to recent release reports. Offers to South Korea up by USD 15-20/MT as against last week, however, no fresh bookings at these levels have been concluded as yet.
News ID: 8139    Publish Date : 2019/12/27

Prices have moved up by USD 40/MT in a month's time amid tight availability from yards during winters.
News ID: 8039    Publish Date : 2019/12/13

KSO Sucofindo - Surveyor (KSO SCISI) has issued a notification on 17th Dec'19 related to the inspection of no hazardous and toxic (Non-B3) waste. The notification states that the inspections of non-hazardous and Toxic (Non-B3) waste imported to Indonesia started from 17th Dec’19, by following the norms of Regulations of the Ministry of Trade number 84 of 2019.
News ID: 8022    Publish Date : 2019/12/18

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

SteelMint learned from market participants that after remaining stable for around a week, Turkish imported scrap prices have inched up marginally in a recent deep-sea bulk booking being concluded yesterday. After observing a sharp rebound in prices during the first 3 weeks of October’19 amid numerous bookings witnessed, the prices have mostly remained stable in the last week.
News ID: 7305    Publish Date : 2019/10/31

Indian Silico Manganese producers have been under continuous selling pressure for quite some time now, and the sinking Manganese Ore prices are now an added pressure on the Silico Manganese prices. The falling ore prices are having a cascading effect on the market as the imported material will not arrive before December, yet the pressure is building up on Silico Manganese Prices
News ID: 7301    Publish Date : 2019/10/31

SteelMint learnt in recent conversations with market participants that the imported scrap offers to Pakistan have rallied up further this week after the global market continued to strengthen last week. Trades are yet to pick up after the recent uptrend, with buying activities remaining slow for the 3rd week in a row. Continued slow down in domestic steel market and ongoing 2-day strike has also kept most steel mills away from active procurement.
News ID: 7112    Publish Date : 2019/10/29

Importe d scrap offers to India moved up slightly this week against last week's report, following Turkish price trend, SteelMint learned from industry participants. Trades remain less active in containerized markets before the festival.
News ID: 7093    Publish Date : 2019/10/25

Importe d scrap offers to Bangladesh continued to rise sharply for yet another week, with the recent rise in the global market being reflected in offers to South Asia, SteelMint learnt from market participants. Trades in containers have turned slow over the last week, with uncertainty over the global trend as well as active bookings in the previous weeks, however as the market expects the prices to rise further in the winter months, buyers would look to actively restock in the coming weeks at favorable prices.
News ID: 7059    Publish Date : 2019/10/23

In recent conversations with industry participants, SteelMint learned that imported scrap prices to South East Asia have followed the global downturn over the last couple of weeks and moved down further by USD 10-15/MT in last 2-weeks, however, the prices have shown some stability in the last few days.
News ID: 6484    Publish Date : 2019/09/23

SteelMint learned from market participants that Turkish imported scrap prices remain firm after the recent deep-sea cargoes bookings confirmed today. Amid the consistent drop in prices in the last several week, few industry sources consider it a stabilizing sign for the coming weeks.
News ID: 6482    Publish Date : 2019/09/23

Prices have come down by around USD 15-20/MT in a week's time with couple of deals being reported to Turkey yesterday.
News ID: 6377    Publish Date : 2019/09/04

SteelMint learned in recent conversations with industry participants that imported scrap offers to Pakistan have moved down considerably on account of a continuous global downturn, however, buyers are targeting further correction as buying interest continues to remain lower. Domestic sales remained slow ahead Muharram coupled with heavy rainfall keeping demand low.
News ID: 6357    Publish Date : 2019/09/03

Towards the end of this week imported HRC offers to Vietnam witness further slump on the back of continual drop in HRC export offers from China. Thus buyers based in Vietnam are eyeing for lower HRC offers from China and thus continue to keep bidding on lower side.
News ID: 6206    Publish Date : 2019/08/28

SteelMint learned from industry participants that Turkish imported scrap market has opened up after witnessing absence for Eid al-Adha holidays last week. Steelmakers have returned to the market however, no major deal has been reported yet. Weak demand for Turkish finished steel in the global market continues to put pressure on the margins of Turkish steelmakers, consequently inching down imported scrap prices further.
News ID: 6156    Publish Date : 2019/08/25

This week imported HRC offers to Vietnam witness marginal decline by USD 5-10/MT as the gap between bids and offers continue to widen since end users in Vietnam are expecting further decline.
News ID: 5827    Publish Date : 2019/08/07

Iran traded 200,905 tons of non-oil goods worth $46.34 million with Brazil during the first Iranian month (March 21-April 20) to register a 127% growth in tonnage and a 29.14% decrease in value compared with last year’s corresponding month, latest data released by the Islamic Republic of Iran Customs Administration show.
News ID: 5527    Publish Date : 2019/07/28

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