- Write by:
-
Sunday, December 29, 2019 - 10:33:16 AM
-
1630 Visit
-
Print
Mining News Pro - This week, SE Asia’s billet import market was reported trade silent for the consecutive week amid New Year Holidays with few major suppliers remaining out of market.
According to Mining News Pro - However, the event could not put any ramifications on the billet import offers in the region which were kept supported by Turkey’s imported scrap prices. The imported scrap offers to Turkey have inched up by USD 3-5/MT in Baltic deal reported. It is highly anticipated by the buyers & steel producers that prices may increase further in the coming days on tight supply of material.
SteelMint assessment for billet import offers in SE Asia is at USD 445-450/MT, CFR, identical as last week.
Billet export offers from CIS witnessed stable - This week, billet export offers from CIS nations, reported stable and are standing at USD 410/MT, FoB Black Sea, identical as last week.
Vietnam resumes export offering- This week, country has resumed billet export offerings amid dull domestic demand. Current export offers for 5 sp grade from the country are USD 425/MT, FoB.
SteelMint`s assessment for US-origin HMS (80:20) scrap stands at around USD 305/MT, CFR Turkey, up by USD 3-4/MT W-o-W.
Short Link:
https://www.miningnews.ir/En/News/463969
Copper futures in New York rallied to a record high after a short squeeze that’s prompted a scramble to divert metal in ...
Australian-based Atlantic Lithium Ltd., which is developing Ghana’s first lithium mine, has taken a step toward raising ...
Indonesia’s outgoing government has added 16 programs to its list of strategic projects that will receive state support, ...
The Philippines said on Friday it aimed to add three more processing plants in the effort to develop a downstream ...
Iron ore futures fell to their lowest in more than two weeks, pressured by an inventory accumulation at Chinese ports ...
India is considering offering incentives to encourage private companies to set up lithium processing facilities, as New ...
Nutrien, the world’s biggest fertilizer producer, beat first-quarter profit estimates on Wednesday, on strong demand for ...
Gold rose after mixed signals from the US, where optimism is growing the economy is on target for a soft landing as the ...
Adani Enterprises Ltd., which posted a 38% fall in quarterly profit, said India’s markets regulator has queried it about ...
No comments have been posted yet ...