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India: NMDC Iron Ore Production Down 17% M-o-M In July

India: NMDC Iron Ore Production Down 17% M-o-M In July

Wednesday 23 August 2017 :: 07:54 pm

National Mineral Development Corporation (NMDC) — India's largest iron ore producer recorded a drop of 17% in its monthly iron ore production in Jul'17. The miner produced 2.41 MnT iron…

HRC Pricing Mechanism at IME

HRC Pricing Mechanism at IME

Tuesday 22 August 2017 :: 04:58 pm

Iran National Competition Council has announced new instruction for pricing HRC thickness lower than 5 mm, to control domestic market. The new instruction is as follow: Three steel mills that…

Taiwan Iron Ore Import Down 33% in Jun’17

Taiwan Iron Ore Import Down 33% in Jun’17

Tuesday 22 August 2017 :: 04:40 pm

Taiwan, the world's sixth largest iron ore importer has imported 1.7 MnT iron ore in Jun’17, according to the trade statistics released by Taiwan customs. Iron ore imports have decreased…

Global Ferrous scrap Market Overview-Week 34

Global Ferrous scrap Market Overview-Week 34

Monday 21 August 2017 :: 03:07 pm

According to weekly assessment SteelMint learned that global scrap offers increased further this week. The demand for ferrous scrap ls still healthy in all markets however buyers seemed resistant to…

South Korea: Iron Ore import Falls 4% M-O-M in July

South Korea: Iron Ore import Falls 4% M-O-M in July

Sunday 20 August 2017 :: 11:55 am

South Korea, the third-largest iron ore importer after China and Japan, imported 6.11 MnT iron ore in Jul'17, according to the trade data released by South Korean Customs. Iron ore…

South Korea: Flat Steel Exports up 8% M-O-M in Jul’17

South Korea: Flat Steel Exports up 8% M-O-M in Jul’17

Sunday 20 August 2017 :: 11:15 am

According to the latest customs data, South Korea flat steel exports which includes 7208 (HR coils /Plates),7209 (CR coils), 7225 (Electrical sheets),7210/7212 (GP/GC) have witness rise of 8% M-O-M basis…

Global Billet Market Overview – Week 34

Global Billet Market Overview – Week 34

Friday 18 August 2017 :: 03:23 pm

Billet export offers have remained on higher side. China has been Strongly emphasizing on capacity Cuts of induction furnace Steel in Order to rule Out substandard production in order to…