Aluminium ingots inventories in South China’s Guangdong province stood at 243,400 tonnes, as of April 30, down 191,400 tonnes or 44 per cent from a month earlier. Record-high shipments from warehouses and strong consumption amid low arrivals of stocks were the two primary reasons behind the dip in inventories .
News ID: 9359 Publish Date : 2020/05/07
Polymer inventories in China are continuing to fall, signalling convertors' return to resin buying after a months-long coronavirus-related lockdown in the country.
News ID: 9172 Publish Date : 2020/04/16
Polymer inventories in China have slipped slightly as the country gradually returns to work after the months-long Covid-19 lockdown.
News ID: 9067 Publish Date : 2020/04/08
This week, SE Asia billet import market was reported with mixed sentiments, as China’s billet offerings has disturbed the sentiments in the region. Amid corona virus outbreak in China, the domestic billet prices of country have dropped down by RMB 300 (~ USD 45) which is at 3-year low levels; RMB 3000/MT including VAT. The event was the result of increased finished steel inventories which have reached to the 5 years high levels due to pandemic.
News ID: 9000 Publish Date : 2020/02/21
The company has released its monthly steel output results yesterday which reported fall in crude steel and finished steel output in Feb '20 against the previous month.
News ID: 8715 Publish Date : 2020/03/12
Asian styrene monomer (SM) prices fell today to an 11-year low after a corresponding slump in crude futures.
News ID: 8657 Publish Date : 2020/03/09
The return of China as an outlet for US coking coal has brought some much needed light to US mining firms that survived a difficult fourth quarter of mine closures, Chapter 11 filings and output cuts carried out to tackle high inventories and a lacklustre European market.
News ID: 8587 Publish Date : 2020/03/06
Oil slipped towards $65 a barrel on Friday as the threat of war in the Middle East receded and investors focused on rising US inventories and other signs of ample supply.
News ID: 8278 Publish Date : 2020/01/10
India's domestic rebar prices fell by 500-1,000 rupees/t ($7-14/t) this week as sales fell, reversing a brief increase in demand last week.
News ID: 7910 Publish Date : 2019/12/11
Crude oil futures fell on Friday amid lingering uncertainty on whether, and when, the United States and China will agree a long-awaited deal to end their bitter trade dispute, the gloom compounded by rising crude inventories in the United States.
News ID: 7329 Publish Date : 2019/11/09
Excessive destocking continues to weigh on apparent demand in the European coil markets, with buyers nursing their inventories and postponing procurement for as long as possible.
News ID: 6622 Publish Date : 2019/10/11
Indian HRC bulk export shipments observed a sharp hike in Aug'19 according to port data maintained with SteelMint. Indian bulk HRC export shipments were recorded at 433,161 MT in Aug'19 against 148,600 MT in Jul'19.
News ID: 6379 Publish Date : 2019/09/04
The SE Asian billet import market reported dull this week. No deals were reported this week. The SteelMint analyzed the dim-witted situation in the region and learned; there is disparity between the offers and the buying interest, which has left the SE Asian market with no deals.
News ID: 6287 Publish Date : 2019/09/03
SAIL- govt owned major Indian steelmaker had announced Q1FY20 and its earning conference call was organised today. The major highlights are as follows-
News ID: 6030 Publish Date : 2019/08/18
Mid sized mills in central & western India have cut rebar production on the back of dull domestic demand. Mills have lowered production by 30-40% which lead to fall in inventories . Inventories have comparatively lowered than previous week.
News ID: 5644 Publish Date : 2019/08/01
Seaborne pellet prices rose today in line with the seaborne fines market, supported by expectations of looser restrictions on blast furnace operations in Tangshan in August.
News ID: 5611 Publish Date : 2019/07/30
Glencore in talks to sell Philippine copper smelting unit
Rasul Khalife Soltani, Secretary of the Iranian Steel Producers Association on the sidelines of the 1403 Steel Symposium:
Mobarakeh steel is producing green steel through scrap recycling
Norilsk Nickel plans to sell all it produces in 2025
Volkswagen buys 9.9% of Patriot Battery Metals for $48 million
India’s record gold import said to be due to calculation error
Sibanye raises $500m via metals streaming deal with Franco-Nevada
Norge Mining acquires Europe’s largest natural graphite producer
Aluminum price falls to one-month low in wider commodity slump
Skeena advances Eskay Creek permitting, unlocks Orion funding
Lure of Anglo’s copper mines could test BHP’s spending resolve
Copper giant Peru foresees another production plateau in 2025
Iron ore price weakens as Australia flags return to sub-$100 prices
Nickel price hits 4-year low as gloom offsets potential Indonesia cuts
Mercuria partners with Zambia on metals trading venture
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
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
