Will Chinese Billet Exports Resume Again?
Sunday 24 September 2017 :: 12:36 pmChinese billet prices crashed by over RMB 150/MT, steel future down by over 5% and iron ore prices by 11% in last few trading sessions. Falling billet prices in Chinese…
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Chinese Billet Prices Fall Sharply on Demand Concerns
Sunday 24 September 2017 :: 12:05 pmToday, billet prices in Chinese domestic market slipped down by RMB 80—100/MT (USD 15/MT) against the last day closing. Current offers are heard at RMB 3,550/MT (USD 539/MT), which was…
Ukraine Billet Exports Decline by 9% in July’17 – Customs Data
Friday 22 September 2017 :: 07:05 pmUkraine, the 3rd largest semi finished exporter, has exported about 410,000 MT billet in July 2017, according to trade statistics released by department state statistics service of Ukraine. The exports…
Russian iron Ore Export Up 33% in Jul’17
Friday 22 September 2017 :: 07:00 pmThe 8th largest exporter of iron ore, Russia has exported around 1.56 MnT iron ore in Jul'17, according to the trade statistics released by Russian Customs. Iron ore exports have…
India Steel Export Increment to Vietnam, a warning for China
Friday 22 September 2017 :: 02:40 pmSteel Import from India Jumps Multi Fold During Jan-Jun 2017- Vietnam Customs. Vietnam is world’s second largest net importer of steel in the world according to World Steel Association. Net…
The serious risk for iron ore exporter
Friday 22 September 2017 :: 09:19 amChina, the world's largest iron ore consumer produced around 115.49 MnT ROM (Run-of-mine) in Aug’17. Crude iron ore production was increased by 1% M-o-M even when the steelmaking raw material…
Pellet Premium Up USD 7.5/MT W-o-W
Friday 22 September 2017 :: 08:42 amThe global pellet premium have moved up to USD 49/MT, CFR China, a jump of 18% W-o-W which was at USD 41.5/MT, CFR China is being connected to the momentum…
Kleindienst launches The Floating Venice in Dubai
Monday 18 September 2017 :: 05:40 amKleindienst Group has launched the world’s first underground luxury vessel resort, The Floating Venice in The World islands, 4km off the shores of Dubai. Valued at AED 2.5mn ($680mn), the…
Impact of China Presidency Election on Pellet and Iron Ore Prices
Sunday 17 September 2017 :: 02:48 pmJindal steel and power ltd (JSPL) has managed to receive response above market expectation for its 50,000 MT pellet export tender which expired today. Company had recently offered this cargo…
Taiwan Billet imports Rise in July 2017
Sunday 17 September 2017 :: 08:02 amAs per recent data released by Taiwan customs it is observed that the nation has imported about 230,000 MT Billet in July 2017. The imports have registered an increase of…
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