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This week Chinese steel prices exhibited bearish market sentiments as the news of easing production cuts in Tangshan region will remain till end Jul’19. This resulted to slight fall in steel prices in China .
News ID: 5085    Publish Date : 2019/07/09

Global gold production hit another record just shy of 109m troy ounces in 2018, up more than 23m ounces since the start of the decade.
News ID: 5043    Publish Date : 2019/07/07

World's second largest exporter of iron ore - Brazil has recorded iron ore export volumes at 29.40 MnT in June'19 (data complied is for 19 working days), down slightly as compared to May'19 exports at 29.83 MnT, according to trade statistics released by Brazil customs. On yearly basis, exports dropped 17% as against 35.31 MnT in June'19.
News ID: 5040    Publish Date : 2019/07/06

Indian iron ore export volumes for Q1 FY20 (Apr-June'19) stood at 5.21 MnT, up significantly as against 2.15 MnT in previous quarter.
News ID: 5035    Publish Date : 2019/07/06

The US State Department is seriously considering using an Obama-era loophole to allow China to import oil from Iran, violating the Trump administration’s earlier pledge to bring Iranian oil exports down to zero, according to a report.
News ID: 5022    Publish Date : 2019/07/04

China is allowing additional crude oil import quotas to predominantly private oil refiners in the world’s top oil importer, Reuters reported on Tuesday, citing a document it has seen.
News ID: 5017    Publish Date : 2019/07/04

Chinese steel giant, Baowu Steel is expected to see its annual steel capacity to reach 100 MnT by the end of next year, Chen Derong, chairman of the steel giant said at the second round of equity financing conference of Baowu’s steel trading e-commerce platform held on 28 Jun’19.
News ID: 5016    Publish Date : 2019/07/04

Chinese HRC export offers strengthen further- Chinese HRC export offers increased further by USD 10/MT amid announced production cuts in Tangshan region. Also resumption in trade talks between USA and China has lead to positivity in market sentiments in China .
News ID: 5013    Publish Date : 2019/07/04

Gold tumbled back below $1,400 an ounce after the U.S. and China reached a truce in their trade war, dealing a blow to havens.
News ID: 5000    Publish Date : 2019/07/02

While China remains the world's largest producer of carbon emissions—where air pollution is still responsible for more than 1 million premature deaths a year—the Asian power is also the biggest investor in renewable energy.
News ID: 4986    Publish Date : 2019/07/02

As per updates received from sources, eastern China ’s largest private ferrous scrap consumer and EAF steelmaker - Shagang Jiangsu Steel group likely to announce the price hike for all grades of domestic steel scrap purchase by RMB 70-100/MT (USD 10-15) effective from today (29th June’19). The specific prices shall be based on the price of 2019-F10.
News ID: 4981    Publish Date : 2019/07/02

In recent conversation with market sources based in Bangladesh, SteelMint analyzed that imported HRC offers to Bangladesh from China registered increase by USD 20-25/MT in line with hike in export offers from China this week.
News ID: 4970    Publish Date : 2019/07/01

According to market sources reported to SteelMint, an east India based pellet maker-JSPL has concluded pellet export deal to China for 50,000 MT pellet (Fe 64%, and 3% Al). As per sources, the deal has been concluded at around USD 134-135/MT, CFR China for July shipment. As per sources, the deal was concluded towards end of last week.
News ID: 4967    Publish Date : 2019/07/01

Iranian Minister of Communications and Information Technology Mohammad Javad Azari Jahromi described China as Iran's important partner in digital economy, and said both states are standing in the same front to confront the US unilateralism in the field of information technology (IT).
News ID: 4951    Publish Date : 2019/06/30

Iran has delivered the first crude oil to a Chinese refinery complex since the United States removed all sanction waivers for Iranian oil customers as of May.
News ID: 4943    Publish Date : 2019/06/30

Congo’s interior minister vowed to remove all illegal miners by Sunday from a copper and cobalt mine run by Glencore following a landslide this week that killed at least 43 of them.
News ID: 4938    Publish Date : 2019/06/30

China does not support US policy on eliminating Iran's oil exports, the director-general of the Department of Arms Control at the Chinese Foreign Ministry stated on Friday.
News ID: 4937    Publish Date : 2019/06/29

High-ranking diplomats from Iran, Russia, and China held trilateral talks on ways to save the 2015 nuclear deal known as the Joint Comprehensive Plan of Action ahead of the JCPOA Joint Commission meeting in Austria.
News ID: 4935    Publish Date : 2019/06/29

Vietnam Ministry of Industry and Trade is planning to impose temporary anti dumping duty on some color coated steel products arriving from China and South Korea, it said earlier this week.
News ID: 4894    Publish Date : 2019/06/24

Central India based pellet maker - Godawari Power & Ispat has recently concluded pellet export deal to China , SteelMint learned. Deal for 50,000 MT iron ore pellets (Fe 64%, less than 2% Al) has been concluded at around USD 133-134/MT, CFR China (equivalent to USD 123-124/MT, FoB India). The cargo is likely to be shipped in Jul'19.
News ID: 4890    Publish Date : 2019/06/24

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