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Brazil Slab Exports Fall in November 2018

18 December 2018 - 02:21
Brazil - world’s 2nd-largest Semi finished steel exporter, has exported about 641,097 MT slab in November 2018, recent released data by Brazilian customs reported.

Samarco to Restart Pellet Operations in 2020, What does it mean for Pellet Market?

18 December 2018 - 02:11
Brazilian pellet maker Samarco to start pellet operations in early 2020, which was closed since 2015

China’s Stainless Steel Exports Decline by 11% in Oct’18 M-o-M basis

18 December 2018 - 02:07
According to China’s latest customs data, country’s stainless steel export have declined by 11.45% in Oct’18 month on month (M-o-M) basis to stand at 278,400 tonnes. In October, exports of most kinds of stainless steel products decreased while stainless strip exports increased to 18,700 tonnes, a surge of 16.37% M-o-M basis.

Pakistan: Imported Scrap Offers Edge Down, Local Steel Prices Fall on Uncertainty

18 December 2018 - 02:03
SteelMint learned in recent conversation with market participants that Pakistan steel market observes increasing traction finally.

Japan: Tokyo Steel Cuts Scrap Purchase Price by USD 4 at Western Works

18 December 2018 - 01:57
Japan’s leading EAF steel mini-mill - Tokyo Steel observed another price cut for scrap purchase prices following a sharp drop in Japan's monthly scrap export Tender Kanto Tetsugen bids concluded today for Dec’18.

Global HRC Market Overview - Week 50, 2018

18 December 2018 - 01:54
Chinese HRC export offers continued to remain on lower side - Chinese HRC export offers continued to remain on lower side following slump in domestic prices.Currently HRC export offers from China is assessed around USD 475-480/MT FoB basis.

Why China’s Graphite Electrodes Prices are Falling?

18 December 2018 - 01:50
The graphite electrodes (GE) prices in China which were on a rising spree since the latter half of last year amid structural supply-side changes in China and promotion to electric arc furnaces for steel production are now facing a downtrend.

India: NMDC Cuts Iron Ore Base Prices in Karnataka E- Auctions Despite Mining Suspension

18 December 2018 - 01:36
NMDC has reduced base prices in Karnataka e-auctions by INR 200/MT in fines & INR 100/MT in lumps for Dec’18.

Indian Mill Concludes HRC Export Deal to Europe

18 December 2018 - 01:33
According to market sources report to SteelMint, a major Indian steel maker has concluded a HRC export deal to Europe recently. The deal was heard to have concluded at USD 570/MT, CFR Europe.

Chinese Mills Slash HRC Export Offers to Vietnam

18 December 2018 - 01:31
Chinese mills have slashed HRC export offers to Vietnam by USD 5-15/MT against last week. Mills had raised offers towards end of last week but Vietnam based buyers were holding back purchases as they were anticipating decline in offers in near term.
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