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Iran: KSC Billet Export Tender Update

Iran: KSC Billet Export Tender Update

Monday 25 September 2017 :: 01:13 pm

Khouzestan Steel Company (KSC) - Iran's largest steel exporter had invited tender for export of 30,000 MT billet for early November shipment. The Steel billet Offered Was Of Size 130*130…

Will Chinese Billet Exports Resume Again?

Will Chinese Billet Exports Resume Again?

Sunday 24 September 2017 :: 12:36 pm

Chinese 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…

Chinese Billet Prices Fall Sharply on Demand Concerns

Chinese Billet Prices Fall Sharply on Demand Concerns

Sunday 24 September 2017 :: 12:05 pm

Today, 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…

Russian iron Ore Export Up 33% in Jul’17

Russian iron Ore Export Up 33% in Jul’17

Friday 22 September 2017 :: 07:00 pm

The 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…

The serious risk for iron ore exporter

The serious risk for iron ore exporter

Friday 22 September 2017 :: 09:19 am

China, 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

Pellet Premium Up USD 7.5/MT W-o-W

Friday 22 September 2017 :: 08:42 am

The 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…