Iron ore price rises as output in Chinese steel mills hits highest since October 2020

Mining News Pro - Iron ore prices rose on Thursday helped by higher hot metal output data in China.

Steel mills reduce prices of auto-grade offerings

Mining News Pro -lowdown in export markets, global recessionary pressures steer the shift

Iron ore price rises as Chinese steel mills ramp up output

Mining News Pro - The iron ore price rose on Thursday, as Chinese steel mills boosted production.

Vale courts Latin steel mills again as China infatuation fades

Mining News Pro - Like its iron-ore rivals, Vale has understandably been obsessed with Chinese demand over the past two decades. Now the Brazilian miner is taking a fresh look in its own backyard.

Stirred mills strengthen Metso Outotec offering

Mining News Pro - Metso Ouotec has added complete stirred mill plants to its range of concentrator plants, including patented features like hydrocyclones, samplers, analysers and slurry pumps for increased efficiency.

Iron-ore rebounds as China mills churn out steel at record pace

Mining News Pro - Iron-ore futures climbed back above $200 a ton as soaring steel production in China showed there’s no sign of the industry cooling despite government attempts to rein in output from last year’s record of over one-billion tons.

Iron-ore slumps again as steel hub asks mills to control surge

Mining News Pro - Iron-ore futures tumbled as China’s top steel-making hub ramped up efforts to control a dizzying surge in prices.

Iron ore loses steam amid crackdown on China’s steel mills

Mining News Pro - Iron ore prices for Australian fines imports to China have recovered to US$160.1 ($210) per dry metric tonne after falling to a six-week low earlier in the week.

Japan’s steel woes set to be laid bare as top mills give updates

Mining News Pro - Japanese steel producers, mired in one of their biggest postwar crises, are likely to reveal their troubles have crept into the new fiscal year when they start reporting earnings this week.

Outotec to provide proactive condition monitoring system for grinding mills

Mining News Pro - Outotec is looking to maximise grinding mill availability with a new modular system that provides all control functions required for the safe operation of equipment, and its associated lubrication systems, as well as continuous condition monitoring.

Long Steel Price Gap between Primary & Secondary Mills Widen Further

Mining News Pro - Price gap in Indian long steel products of large and medium/small scale mills widened further as offers through the secondary mills dropped rigorously due to dull demand. Thus the re-rollers increased trade discounts to ease selling pressure.

Vietnam Mills Book 10,000 MT HRC from Japan

Mining News Pro - Vietnam based mills are heard to have booked 10,000 MT of HRC for imports from the Japan-based Nippon Steel, SteelMint learned in a recent conversation with reliable sources.

Iran: Major Mills Report 8% Y-o-Y Increase in Steel Exports

Mining News Pro - Iranian steel majors’ exports were recorded at 4.04 MnT during the first seven months of Persian year (March 21 - Oct, 22) to register a Y-o-Y growth of 8%.

Vietnam : Imported HRC Offers from Chinese Mills Continue Upside

Mining News Pro - Towards the end of this week imported HRC offers to Vietnam inched up further on the back of hike in offers. However deals at increased offers were not yet reported.

Increasing Stock with Eastern India Wire Rod Mills Pull Down Prices to Over 1 Year Low

Mining News Pro - Wire rod prices in eastern India are hovering at 1.5 years low as these levels were last seen in Dec`17. On account of piling up of stocks with the mid sized mills coupled with limited demand has kept market under pressure.

Silver price drops one millstone

Mining News Pro - The price of silver was trending lower on Wednesday, pushing the metal to below its 2019 opening levels of around $15.30 an ounce.

Rising Demand of Low Grade Iron Ore from Chinese Mills on Falling Steel Margins

Mining News Pro - Chinese mills are heard to have increased preference of low grade iron ore fines on declining steel margins over decline in steel prices.

Fortescue signs eight agreements with Chinese steel mills

Mining News Pro - Fortescue has secured eight memoranda of understanding (MOUs) with major Chinese steel mills during the inaugural China International Import Expo (CIIE).

HRC Exports from Major Japanese Mills Fall to 6 Years Low in 2018

Mining News Pro - As per reports from Japan Metal Daily, Japanese HRC export volume is persistently showing downtrend and has recorded a significant drop of 1.5 MnT in CY18 against previous year. Japan based major steel mills like Nippon Steel Sumikin and JFE have reduced their export volumes amid increased demand in domestic market considering it as priority.

U.S. Exempts South African Mills from Steel and Aluminium Tariffs

Mining News Pro - As per the latest updates, U.S. has exempted some of the South African (SA) steel and aluminium producers from the steep tariffs imposed under section 232.

Indian Mills Book Japanese HRC for November Shipments

Mining News Pro - Southern India based importers have booked around 26,000 MT HRC of varying thickness from Japan. As per trade sources report to SteelMint, the deal has been concluded at around USD 605-610/MT, CFR India for November shipment.

The shares of the rolling mills and pipes of Ahwaz and non-stock companies are supplied by Oxin steel

Mining News Pro - The privatization organization has a public offering of shares of the Rolling and Bourse Ahwaz Tube Company and Khuzestan Steel Oxin Company.

Vietnam: Imported HRC Offers from Chinese Mills Inch Up

Mining News Pro - This week imported HRC offers from Chinese mills to Vietnam inched up by USD 5-10/MT.End users have concluded few deals with China amid limited offers from Russian and Indian mills for imported HRC to Vietnam.

China’s Hebei Province Gets Tough on Steel Mills to Meet Low Emissions Targets

Mining News Pro - According to the latest reports, China’s largest steel producing province, Hebei will force its mills to comply with strict new emission standards by 2020 as a part of its anti-pollution campaign, according to newly published industry guidelines.

India: Domestic HRC Prices Surge in Traders Market on Anticipated Hike by Mills

Mining News Pro - This week India’s domestic HRC & CRC prices increased by INR 500-1000/MT in traders market on anticipation of increase in flat steel prices by major Indian steel mills in October.

Esfahan Mobarakeh Steel co.
HOSCO
khuzestan steel
chadormalu Co.
ghadir neiriz co
IranAluminaJaajarm
sangan steel
ahan o fulad golgohar