During the trade fair METEC in Dusseldorf, the steel producer Gerdau and the full-line supplier of metallurgical plant solutions Primetals Technologies signed a strategic partnership for their digitalization journey.
News ID: 5766 Publish Date : 2019/08/05
Iranian steelmakers cast 5.27 million tons of steel products during the first three months of current Iranian year (March 21-June 21), which marks 15.6 percent of growth compared to corresponding figure of last year which was 4.56 million tons.
News ID: 5755 Publish Date : 2019/08/05
Iran’s exports of steel products rose 20 percent during the first quarter of current Iranian calendar year (March 21-June 21) compared to the first quarter of the previous year, the public relations department of Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO) announced on Monday.
News ID: 5748 Publish Date : 2019/08/05
Domestic plate prices have remained stable this week after witnessing continuous correction over seasonal slowdown with onset of monsoon season and thin trades happening in domestic market.
News ID: 5730 Publish Date : 2019/08/05
Steel Mint learned from industry participants that Turkish imported scrap market has maintained silence so far this week with no fresh deal being reported in the market. Standoff situation between steelmakers and supplier yards extended further as a few steelmakers postponed their remaining August shipment bookings temporarily.
News ID: 5729 Publish Date : 2019/08/05
This is 4th bulk scrap import vessel to India for the month of July.
News ID: 5724 Publish Date : 2019/08/05
According to the latest reports, key industry officials of CISA (China Iron and Steel Association) in its annual midyear convention has highlighted that China’s is set to increase its efforts to keep in check the unwanted, polluting and substandard steel output in order to contain risks from excess capacity and promote high quality development in the steel industry.
News ID: 5720 Publish Date : 2019/08/05
Benxi Steel (Bengang Group Corporation), Liaoning Province, China, has placed an order with SMS group (www.sms-group.com) for the supply of a single-strand slab caster to be installed at the steelmaker’s works in Benxi in north-east China.
News ID: 5706 Publish Date : 2019/08/04
Steel Authority of India - a government of India company has floated export tender for prime mild steel non-alloy concast billets. The tender quantity is reported to be 18,900 MT. The cargo will be shipped from Haldia port. The tender was put up for Prime Mild Steel Non-Alloy Concast billet, size 125*125 mm offered from Durgapur Steel plant.
News ID: 5687 Publish Date : 2019/08/02
Indian melting scrap prices fluctuated slightly in specified regions and price range move down by INR 200-300/MT on weekly basis in major scrap consuming regions i.e. western & southern India.
News ID: 5685 Publish Date : 2019/08/02
TATA Metaliks Limited (TML) - known as the largest Foundry grade pig iron manufacturer in eastern India has again reduced Foundry pig iron offers by INR 600/MT (USD 9) & Low Silicon pig iron by INR 500/MT (USD 7) today.
News ID: 5684 Publish Date : 2019/08/02
China's steel sector purchasing managers index (PMI) showed further sectoral contraction in July on the back of a slide in output and new orders booking.
News ID: 5666 Publish Date : 2019/08/01
Global ferrous scrap prices showed mixed trends in major markets this week. Japanese scrap prices begin rising with Tokyo Steel raised its scrap purchase bid, however, South Korea's Hyundai Steel remained silent. Turkey observed stability in prices against last week, while South Asian markets witnessed slowing down in trades thus keeping prices almost flat.
News ID: 5645 Publish Date : 2019/08/01
Steel Authority of India Limited (SAIL), conducted auction from its central India based Bhilai Steel Plant (BSP) for defective steel products on 24th Jul'19.
News ID: 5642 Publish Date : 2019/08/01
Most Asian steel mills have withdrawn offers to Indian buyers on concerns that a safeguard duty may be imposed soon.
News ID: 5613 Publish Date : 2019/07/30
Production of steel ingots in Iran stood at 12.78 million tons during the first half of 2019, showing 5.6 percent rise compared to the first half of 2018, according to a report released by World Steel Association (WSA).
News ID: 5580 Publish Date : 2019/07/29
Steel Authority of India Limited (SAIL), conducted auction from its central India based Bhilai Steel Plant (BSP) for defective steel products on 24th Jul'19.
News ID: 5554 Publish Date : 2019/07/29
Neelachal Ispat Nigam Ltd (NINL), a public sector steel entity and largest merchant supplier of steel grade pig iron is battling raw material crisis on financial issues.
News ID: 5553 Publish Date : 2019/07/29
The European steelmakers association – EUROFER has recently lowered their outlook for real and apparent steel consumption for rest of the year.
News ID: 5550 Publish Date : 2019/07/29
World Steel Association announced Iran’s raw steel production has grown 5.6%, while the world’s raw steel production has faced 4.9% growth, compared to same period last year.
News ID: 5510 Publish Date : 2019/07/27