Chilean lawmakers have unanimously approved changes to a law that forces state-own Codelco, the world’s largest copper producer, to transfer 10% of its annual export sales to the country’s armed forces.
News ID: 5309 Publish Date : 2019/07/19
Indian Ferro Chrome Prices are at almost the same levels as last week. Ferro Chrome prices have hit the bottom amid low demand, both in the domestic as well as the global market.
News ID: 4975 Publish Date : 2019/07/01
Domestic HRC prices in traders market have come down further by INR 500-1000/MT against last week and are hovering almost 4-months low.
News ID: 4965 Publish Date : 2019/07/01
Indian Silico Manganese prices were marginally down on W-o-W basis. Demand in the domestic market remained sluggish. Meanwhile, the demand in the global market is also towards a downtrend. With the reduced prices of Manganese Ore globally, buyers are putting the sellers under pressure to reduce prices .
News ID: 4853 Publish Date : 2019/06/20
Depressed domestic prices for longs and poor demand in the Iranian market are forcing local steel producers to adjust to severe conditions.
News ID: 990 Publish Date : 2017/02/20
Higher demand for overseas trips, the growth in Emirati Dirham’s rate [which is important for Iranian imports] and increasing activity of middlemen in the currency market are the main causes of recent swings in forex rates
News ID: 793 Publish Date : 2016/12/29
The rising trend in steel pricing in Iran stopped last week, with some prices slipping back as hard currency prices strengthened. Some local sellers tried to raise prices but weak demand stifled the attempt, Metal Bulletin reported.
News ID: 712 Publish Date : 2016/12/04
Increasing global quotes for steel raw materials and products have let Iranian billet exporters achieve an increase in deal prices for large batches, with suppliers being focused on the Middle Eastern market now.
News ID: 705 Publish Date : 2016/12/04
The rise in steel prices in Iran could speed up significantly this week, although local demand is not strong.
News ID: 702 Publish Date : 2016/11/24
Aluminum prices fell to two-week lows on Monday due to worries about Chinese producers ramping up output and adding to the surplus being created by semi-finished products being remelted, Reuters reported.
News ID: 637 Publish Date : 2016/10/20
Iranian steel buyers struggled to fix prices last week despite the stagnant market, which usually favors them in determining prices rather than sellers.
News ID: 632 Publish Date : 2016/10/17
Central Bank of Iran’s recent decision to legalize gold exports will not impact prices since “gold prices fluctuate in tandem with global prices rather than the volume of our country’s gold resources”, said Mohammad Keshti-Aray, the president of Gold and Jewelry Union on Tuesday.
News ID: 519 Publish Date : 2016/08/10
Worldwide, direct reduction plants produced 72.57 million tons in 2015, based upon data collected by Midrex Technologies, Inc. and audited by World Steel Dynamics.
News ID: 443 Publish Date : 2016/07/07
The UAE’s major HDG producer Al Ghurair Iron and Steel (AGIS) has slashed its quotes for September production to local buyers amid price decrease from China, cheaper feedstock and weakened demand.
News ID: 428 Publish Date : 2016/07/02
Cement prices are expected to rise by about 15% in late June, says chairman of the board of Directors at Cement Industry Employers Association. According to Mohammad Atabak, the hike in prices is meant to compensate the rising production costs, IRNA reported.
News ID: 316 Publish Date : 2016/05/17
Iran’s iron ore prices , on the decline for most of the past year, have started to regain their momentum, reaching $54.5 per ton last week, which is $2.3 higher than the prices on April 7.
News ID: 282 Publish Date : 2016/04/18
Iranian cement prices will rise 17% by July, says the chairman of Cement Industry Employers Association, Abdolreza Sheikhan.
News ID: 265 Publish Date : 2016/04/07