Chinese producer Shanxi Coking Coal has maintained long-term contract prices for low-sulphur coking coal in 2020 after a spate of mine accidents resulted in production cuts that tightened supplies.
News ID: 8152 Publish Date : 2019/12/30
SteelMint learned from industry participants that Bangladesh steel market has recently turned very active for bookings of bulk vessels of ferrous scrap, with a few new players also joining the bulk market, as the country is witnessing aggressive expansion spree in steel melting capacities.
News ID: 6819 Publish Date : 2019/10/08
SteelMint recently learned from market sources based in Nepal, that major Indian steel mill s have corrected their HRC export offers to Nepal for Sep shipments over bearish sentiments prevailing in domestic market.
News ID: 6204 Publish Date : 2019/08/28
Indian mills resume HRC export offers to Nepal - As per conversation with industry participants, few major Indian steel mill s in eastern India have resumed offering HRC exports to Nepal for Sep’19 deliveries.
News ID: 5475 Publish Date : 2019/07/25
As per updates received, in a recently concluded purchase, South Korean EAF steelmaker, Dongkuk Steel has booked 10,000 MT of A3 grade scrap from Russia at USD 287/MT, CFR South Korea. This price is around USD 7-8/MT less than the last contract for Russian scrap by South Korean steelmakers, which was signed for USD 294-295/MT, CFR in June’19.
News ID: 5353 Publish Date : 2019/07/20
Floating discounts for iron ore concentrates have widened into China this month, including for higher-quality brands like 67-68pc Fe Minas Rio, as big moves in the underlying indexes and competition from domestic ores pressure discounts downward.
News ID: 5295 Publish Date : 2019/07/18
Medium size re-rollers in Bangladesh have increased their rebar offers following budget announcement however trade volumes remain limited as market awaits further clarity on budget.
News ID: 5036 Publish Date : 2019/07/06
SteelMint learned from market sources that major Indian steel mill s have raised HRC export offers for Vietnam by USD 5-10/MT looking at rebounding in demand in overseas market.
News ID: 4957 Publish Date : 2019/07/01
SteelMint in conversation with trade sources learned that, steel mill s in Vietnam have recently booked imported HRC with China for June shipments.
News ID: 4518 Publish Date : 2019/05/14
SteelMint in conversation with market participants shared that a major Indian steel mill have concluded a deal with Vietnam for April end-May shipments.
News ID: 4373 Publish Date : 2019/04/29
Neelachal Ispat Nigam Ltd (NINL) has witnessed 111 percent surge in its hot metal output for the last financial year ended March 31, 2019.
News ID: 4219 Publish Date : 2019/04/07
India's imported scrap market has exhibited bearish market sentiments this week. Following decline in Turkey imported scrap prices, offers to India have also observed a downfall, however few market participants highlighted that sharp decline in offers is less expected in near term amid recent hike in freight rate of scrap cargoes.
News ID: 3960 Publish Date : 2019/03/11
SteelMint learned from industry participants that after a short silence, Turkey-based steel mill has booked a cargo as prices moved down as expected.
News ID: 3939 Publish Date : 2019/03/10
A new steel ingot production unit will open in the city of Sirjan, Iran’s province of Kerman, in early February, an Iranian lawmaker said, adding that the opening ceremony will be attended by First Vice-President Es’haq Jahangiri.
News ID: 3318 Publish Date : 2019/01/18
Steel Authority of India (SAIL), an India state owned steel mill , has cancelled 16,200 MT billet export tender which bid due date was on 3rd Dec'18, SteelMint learned from market sources.
News ID: 2829 Publish Date : 2018/12/07