Building Machinery & Equipment
Concrete and mortar mixers weighing more than 711 tons and worth 51.55 billion rials ($1.6 million) were imported into Iran during the five months to Aug.
22, data released by the Islamic Republic of Iran Customs Administration announced.
China with over $1.5 million was the main country from where the products were purchased, followed by Germany and Turkey, Young Journalists Club reported.
Eastern China’s largest private ferrous scrap consumer and EAF steelmaker - Shagang Jiangsu Steel group has announced its 2nd price lowering in a week, cutting down its bids by RMB 30/MT (USD 4) for all grades of domestic steel scrap procurement, with the new prices effective from today, 29th Nov’19.
Prices for 99.7pc manganese flake in Europe and China have declined in the fourth quarter on steel output cuts in China, reduced demand in Europe and falling manganese ore prices.
The US will delay indefinitely the imposition of tariffs on imports from China after Washington and Beijing concluded negotiations on an interim trade agreement.
China's largest steel-producing city Tangshan has asked several steel producers to indefinitely suspend iron ore sintering and partially reduce steel output from tomorrow, as the city declared a level 2 pollution emergency.
The average spot alumina price in China has dropped by RMB 19 per tonne or 0.77 per cent to stand at RMB 2439 per tonne on Wednesday, 11 December 2019. Alumina price fell by RMB 9 per tonne yesterday. The drop in alumina prices has continued in all other major markets in China.
China's largest private-sector steel producer Jiangsu Shagang has kept its rebar ex-works prices flat for mid-December deliveries in an attempt to stabilise market sentiment.