MSC is the only supplier of flat steel products in commodity exchange
Mining News Pro - Last month Iran’s ministry of industry, mine and trade released an instruction which made the Iranian steelmakers to tender their products in the exchange market.
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Visit: 1167
Indian Flat Steel Import Drops by 17% M-o-M in Feb’20 on Dull Demand
Mining News Pro - As per the latest data released by the customs and compiled by SteelMint, India’s finish-flat imports stood at 0.30 MnT in Feb’20 down by 17% on a monthly premise as against 0.37 MnT in Jan’20.
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Visit: 1040
Global Flat Steel Market Overview - Week 45
Mining News Pro - the steelmaking hub in northern China will cut 18.59 MnT of blast furnace capacity over the autumn-winter season.
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Visit: 1097
Indian Flat Steel Imports Rise by 6% in Q2 FY19
Mining News Pro - According to customs data released, Indian flat steel imports stood at 1.55 MnT in Q2FY19, higher by 6% as compared to 1.46 MnT in previous quarter.
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Visit: 1038
Canada Finds Injury in case of Corrosion Resistant Flat Steel Imports from India and Three Other Countries
Mining News Pro - According to the latest updates, The Canadian International Trade Tribunal (CITT) announced its preliminary determination in the injury inquiry against imports of corrosion-resistant flat-rolled steel sheet products of carbon steel from India, China, Taiwan, and South Korea.
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Visit: 899
Global Flat Steel Market Overview - Week 39, 2018
Mining News Pro - Chinese HRC export offers slide further amid weak demand-Chinese HRC export offers fell further post mid Autumn holidays that ended yesterday owing to limited buying from overseas buyers.
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Visit: 1250
Essar Steel Opens a New Export Market for Flat Steel; Concludes Deal to South Korea
Mining News Pro - SteelMint learned from market sources that west India based steel mill - Essar Steel has booked around 20,000 MT of HRC for export to South Korea.
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Visit: 985
Global Flat Steel Trade Log - Week 38, 2018
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Visit: 1002
Essar Steel Opens a New Export Market for Flat Steel; Concludes Deal to South Korea
Mining News Pro - SteelMint learned from market sources that west India based steel mill - Essar Steel has booked around 20,000 MT of HRC for export to South Korea. The deal has been concluded in range of USD 583-585/MT CFR basis (which would come around USD 561-563/MT FoB) for October-November shipments. As per reports the deal has been concluded with South Korean mill- Dongbu Steel Co.
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Visit: 1459
Global Flat Steel Trade Log - Week 38, 2018
Mining News Pro - Indian HRC export offers for Vietnam is learned around USD 575-580/CFR basis for Oct shipments against previous deal price of USD 580-585/MT
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Visit: 967
Russia - Flat Steel Exports Decline 9% in Jul’18
Mining News Pro - According to latest release by Russian customs data,flat steel exports which includes (7208- HR coils/Plates,7209 - CR coils, 7210, 7212 GP/GC and 7225 electrical sheets) plunged by 9% on monthly basis in Jul’18 to 0.72 MnT which was 0.79 MnT in previous month.
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Visit: 1794
China - Baosteel Hikes Flat Steel Price for October Deliveries
Mining News Pro - China’s major steelmaker - Baosteel has recently announced flat steel prices for October deliveries. The company has raised HRC prices by RMB 100/MT in and CRC prices by RMB 100-150/MT (USD 15-22) for October deliveries.
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Visit: 1246
Global Flat Steel Market Overview - Week 37, 2018
Mining News Pro - Chinese HRC export offers firm despite subdued buying-Chinese HRC export offers remain firm despite lackluster demand prevailing in domestic and global market.
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Visit: 1480
Global Flat Steel Market Overview- Week 30, 2018
Mining News Pro - Chinese HRC Export offers inch down- Chinese HRC export offers have come down marginally this week over softening demand in domestic and export market.Meanwhile in past few week devaluation of Chinese currency Yuan against RMB resulted in weaker sentiments in domestic market.
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Visit: 1147
Global Flat Steel Market Overview- Week 29,2018
Mining News Pro - Chinese HRC Export offers remain range bound- Chinese HRC export offers remain largely stable amid weak demand from South East Asian buyers.Meanwhile demand in domestic market continued to remain on lower side thus keeping export offers firm.
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Visit: 938
Turkey- Flat Steel Import Increases 24% M-o-M in May’18
Mining News Pro - According to the recent customs data,Turkey flat steel imports which includes 7208 (HR coils /Plates), 7209 (CR coils), 7225 (Electrical sheets),7210/7212(GP/GC) jumped by 24% on monthly basis in May’18.
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Visit: 1832
Flat Steel Import Slows on Currency Rate Issues
Mining News Agency -Flat steel import trade in Iran has been almost non-existent in the past several weeks, because of currency exchange rate issues.
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Visit: 1210
Iran flat steel market remains sluggish
Mining News Agency -Buying activity in the Iranian flat steel import market remained sluggish in the week that ended On January 24th 2018, while local prices were more competitive to import. Iran’s national currency, the rial, continued to devalue against the US dollar, which made import prices less attractive compared to domestic ones.
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Visit: 1327