- Write by:
-
Sunday, March 1, 2020 - 12:17:55 PM
-
1390 Visit
-
Print
Mining News Pro - Iranian billet export offers witnessed a marginal increase amid active domestic demand. However, no export deals were reported during the week.
According to Mining News Pro - Assessment for billet export offers from Iran is at USD 390-395/MT, FoB Iran, up USD 5/MT against last week.
After getting black listed from FATF, the visibility on country’s billet export market was quite blurry as it has given an impression that export offers from the country could drop down. But active domestic demand has managed to keep the offers supported. The country’s steel mills have limited allocation till end Apr’20 as they have to offer sizable quantities in domestic market by the end of current Iranian Year (21 Mar’19-20 Mar’20).
Also, the stability in global scrap prices have managed to keep the country’s billet export offers encouraging.
Price assessment USA origin scrap HMS 1&2 (80:20) is standing at around USD 280/MT CFR Turkey, up by USD 5/MT against price level reported last week closing.
Short Link:
https://www.miningnews.ir/En/News/494781
A Native American group has asked all members of a US appeals court on Monday to overturn an earlier ruling that granted ...
The London Metal Exchange (LME) on Saturday banned from its system Russian metal produced on or after April 13 to comply ...
The world’s coal-fired power capacity grew 2% last year, its highest annual increase since 2016, driven by new builds in ...
Peabody Energy Corp. shares sunk to the lowest in seven months after the biggest US coal miner warned that first-quarter ...
BMO Bank quietly dropped its policy restricting lending to the coal industry in late 2023, helping it avoid being ...
BMO Bank quietly dropped its policy restricting lending to the coal industry in late 2023, helping it avoid being ...
Graphjet Technology, a Malaysia-headquartered developer of technologies to produce graphite and graphene directly from ...
Mining News Pro - Amir Khormishad, the CEO of the National Copper Industries Company of Iran, announced the 49% growth ...
Mining News Pro - The DRI manager of Hormozgan Steel Company's said: According to the plans made in line with the ...
No comments have been posted yet ...