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.
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Visit: 190
Steel mills reduce prices of auto-grade offerings
Mining News Pro -lowdown in export markets, global recessionary pressures steer the shift
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Visit: 224
Swiss steel mill readies for shorter hours as energy bills soar
Mining News Pro - Swiss steel mill Stahl Gerlafingen has gained regulatory approval to put staff on shorter working hours to contend with soaring energy bills that will cost in a month what they normally cost in a year, the NZZ am Sonntag paper reported.
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Visit: 547
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.
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Visit: 570
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.
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Visit: 723
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.
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Visit: 575
Indian Steel Mill Books 20,000 MT HRC for Export to Vietnam
Mining News Pro - SteelMint in conversation with market participants shared that a major Indian steel mill have concluded a deal with Vietnam for April end-May shipments.
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Visit: 1449
Fortescue’s new iron ore blend on its way to China steel mill
Mining News Pro - The maiden shipment of Fortescue Metals Group’s new 60.1% Fe content product, West Pilbara Fines, has recently left Herb Elliott Port in Port Hedland, Western Australia, bound for Hunan Valin Steel in China.
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Visit: 2464
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).
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Visit: 2961
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.
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Visit: 1531
Bangladesh Steel Mills Actively Book HRC; Deals Reported
Mining News Pro - SteelMint learnt from trades sources that steel mills based in Bangladesh have concluded HRC deals from China and other such countries for early November shipments.
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Visit: 1057
Turkey: Steel Mills Continue Booking Scrap Cargoes
Mining News Pro - Turkey based scrap importers have continued to buy scrap in bulk cargoes for October shipments after taking a pause towards end of last week.
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Visit: 1199
China`s Stainless Steel Mills Lower Ferro Chrome Tender Price for Sep`18
Mining News Pro - China`s Tsingshan Group, Baosteel and Taiyuan Iron & Steel (Tisco) - the major players in the global stainless steel industry, have all reduced their purchase price of high carbon Ferro Chrome by a further 200 Yuan M-o-M to set it at around 6,800 Yuan per metric tonne (equivalent to around 75.5 cents/lb) for Sep`18.
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Visit: 1038
Chinese Steel Mills Gear Up for Technological Innovations to Improve Margins
Mining News Pro - According to the latest data released by China Iron and Steel Association recently, the Chinese steel industry this year has registered growth through innovations and its revenue in the first half of the year has increased substantially.
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Visit: 1015
Chinese Steel Mills Continue to Book Pellet Vessels from India
Mining News Pro - Amid limited offers in Chinese spot market and good demand for Indian pellets amid emission restrictions, mills have continued to book Indian pellet cargoes this week at marginally higher prices over last week. SteelMint’s pellet export assessment has moved up by USD 2-3/MT W-o-W.
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Visit: 1377
Indian Steel Mills Continue to Book South African Lump Import Vessels
Mining News Pro - Western and Southern India based steel mills have enhanced booking of import vessels of South African lump for September and October deliveries.
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Visit: 1028
Bangladesh Steel Mills Eye for Lower HRC Offers from China
Mining News Pro - SteelMint learned from market sources that Bangladesh based mills are actively placing bids for Chinese HRC however bids continue to remain on lower side than present offers.
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Visit: 977
Supplying internal demand and appropriate response to the export market of two Mobarakeh steel mills for 2018
Mining News Pro - Mobarakeh Steel and Mobarakeh`s Deputy Economic and Financial Assistant announced the plans for the company in the field of production and exports this year and said: "It is essential to maximize domestic demand and expand exports to be valued for the country."
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Visit: 1046
India: Rebar Inventories with Steel Mills Increase As Transporter`s Strike Continues
Mining News Pro - Finished Steel - Rebar inventories with the Medium/small mills in Indian market increased due to transporters indefinite strike, demanding government to sort out several issue like rationalize toll & diesel rates, insurance premium and some relief from E-way bill provisions.
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Visit: 1093
West India Based Steel Mills Book South African Lump Import Vessel
Mining News Pro - As per sources, a Western India (Gujarat) based steelmakers reported a booking for 150,000 MT of South African lump. The vessel is for August shipment and is expected to arrive in the Aug`18 end or early September at Kandla port (Gujarat). SteelMint has also learned from the sources that, offers for South African lump for Sep’18 shipments are heard at around USD 90/MT, CFR.
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Visit: 1135
POSCO ICT to Help Chinese Steel Mill to Evolve into a Smart Factory
Mining News Pro - In the first week of Jul’18, South Korea’s POSCO ICT, a subsidiary of steel giant POSCO announced to supply unmanned cranes and cranes control system to continuous casting mill and hot rolling mill of Shougang Jingtang United Iron & Steel (SJUIS) in Hebei province, China.
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Visit: 1231
Trading tensions were also unable to reduce the volume of Indian steel mills
Mining News Pro: During the fiscal year 2018-2019 (from June 30th), TATA Steel, a steel producer in India, reported that the production of crude steel and finished steel products of Indian factories was about 3.2 million tons and 3 million tons, up 7.8 percent and 8% compared to the same period last year.
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Visit: 969
Chinese Stainless-Steel Mills Raise Ferro Chrome Purchase Price for July
Mining News - Tsingshan Group, Baosteel, and TISCO all raised their Ferro Chrome purchase price for July by 700 Yuan/MT.
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Visit: 902
Undersecretary of the Ministry of SAMT emphasized on the ceremony of introducing new CEO of Esfahan Steel Co.
The role of Isfahan steel mills in steel factories in the country
Mining News - Deputy Minister of Industry, Mining and Trade said the country`s steel production capacity in 2013 will be 120 million tons, up to 200 million tons this year, and this development has been in the midst of efforts by the efforts of the country`s steel industry.
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Visit: 1732
Steel mills shut as Xuzhou ramps up environmental inspections
Mining News Agency -At least three steel mills in China’s city of Xuzhou in Jiangsu, the nation’s No 2 steelmaking province, have suspended operations as factories scramble to cut emissions as part of a tough environmental crackdown.
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Visit: 1034