Dalian iron ore price falls for third session as China steel prices slump
Mining News Pro - Benchmark Dalian iron ore futures fell for a third straight session on Tuesday as a slide in steel prices in China spurred by signs of slowing demand dragged down the raw material.
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Visit: 500
How FATF Decision Will Impact Iran Steel Prices?
Mining News Pro - Iran failed to comply with international anti-terrorism funding norms following which the the country got black listed by the Financial Action Task Force (FATF) last week on 21 Feb’20.
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Visit: 930
European Steel Prices Recover as Import Threat Slows
Mining News Pro - European buyers of strip mill products slowly started to partially accept the proposed mill price hikes, in mid/late December 2019.
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Visit: 851
Pakistan: Scrap Importers Silent on Falling Domestic Steel Prices
Mining News Pro - SteelMint learned in recent conversation with market participants that imported scrap market in Pakistan has turned quiet amid softening local steel prices.
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Visit: 1429
Japan: Tokyo Steel Keeps Steel Prices Unaltered for 9th Straight Month
Mining News Pro - Tokyo Steel Manufacturing Co Ltd - Japan’s top electric-arc furnace steelmaker has kept steel prices unchanged for past 9 months amid increased supply and low demand. Prior to this, company increased steel prices by Yen 2000/MT for the month of Feb deliveries.
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Visit: 1285
Pakistan: Imported Scrap Market Silent on Sharp Currency Depreciation; Steel Prices to Surge
Mining News Pro - Today Pakistani Rupee (PKR) depreciated again by almost 7-8%, hitting record low of 137-138 levels against USD which was at around 124-125 a day earlier as per forex.
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Visit: 1094
India: SAIL Increased Steel Prices for 2nd Time in September
Mining News Pro - The steel maker has raised prices in rebar along with flat steel by INR 500/MT (USD 7).
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Visit: 1036
Pakistan: Domestic Steel Prices Improve; Imported Scrap Offers Range Bound
Mining News Pro - SteelMint learned in recent conversations with market participants that Pakistan`s imported scrap market hasn’t picked up buying activities in a significant manner yet.
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Visit: 1222
An increase of 75% in iron and steel prices
Mining News Pro - The chairman of the union of iron and steel vendors reported an increase of 75% in iron and steel prices and an increase of more than 100% in prices for iron and steel products, saying that the market for these products is subject to global prices and, on the other hand, is influenced by foreign exchange earnings by exports. And although the surplus of domestic demand is exported, the appetite for export earnings has also affected domestic prices.
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Visit: 1195
Pakistan: Scrap Importers Turn Less Active; Local Steel Prices Stable
Mining News Pro - In recent conversation with market participants, SteelMint learned that Pakistan steel market hasn’t observed active buying for imported scrap despite of stability in offer levels.
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Visit: 1035
Pakistan: Scrap Importers Turn Less Active; Local Steel Prices Stable
Mining News Pro - In recent conversation with market participants, SteelMint learned that Pakistan steel market hasn’t observed active buying for imported scrap despite of stability in offer levels.
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Visit: 1328
Gunawan Dianjaya Seeks Supplies From Domestic Makers as Global Steel Prices Rise
Mining News Pro - Rising prices of global steel has prompted listed Indonesian steel maker, PT Gunawan Dianjaya Steel, to look for suppliers at home, Bisnis Indonesia reported on Thursday, Aug. 23.
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Visit: 1072
Pakistan: Imported Scrap Prices Decline Amid Fall in Domestic Steel Prices
Mining News Pro - Pakistan Rupee (PKR) has appreciated in last two days` period by almost 5% to 122.6 against USD today from 128.8 earlier.
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Visit: 1232
Japan: Tokyo Steel Prices Remain Unchanged Over Tight Supply - Demand
Mining News Pro - Steel product prices of Tokyo Steel Manufacturing Co Ltd - Japan’s top electric-arc furnace steelmaker will remain unchanged for six straight month for August deliveries. Prior to this,the steel maker had raised prices by Yen 2000/MT for Feb deliveries.
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Visit: 1216