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Odisha iron ore index sinks to 2-y low on gloomy steel outlook

Morning Brief: Iron ore costs in India have dropped swiftly over the last one month approximately. The rapid decline is nowhere more apparent than in Odisha, a state that makes up over half the country's annual iron ore manufacturing. SteelM...


Leading steel mills put off 2nd coke re-pricing campaign

On June 21, most steelmakers had simply done well in making a Yuan 300/t decrease in coke purchase costs, as reported. As well as by June 24, China's national composite coke price under Mysteel's analysis turned around down to Yuan 3,236.4/...


Osaka Steel keeps domestic section prices unchanged in Jul

This has actually been the second month for Osaka Steel to keep its retail price unchanged, after it raised a total of Yen 15,000/ tonne ($ 111/t) for March-May sales, mostly to transfer the surge in manufacturing expenses, as reported. Osak...


NBS: China industrial firms' profits fall narrows in May

"In May, avoidance and control of the pandemic had gradually improved, and development was attained in manufacturing resumption amongst business as well as maximizing logistics," commented Zhu Hong, an elderly statistician with the NBS. For...


CISA: Members' mid-Jun daily steel output down further

The decrease was because a lot more Chinese mills had actually conducted upkeep stoppages or reduced their manufacturing with thinned earnings in the middle of the continual conditioning in domestic steel prices, resources shared. Based upon...


WEEKLY: Ferroalloys market shows uptrend amid moderate demand

Manganese oreGlobal manganese ore imports dropped by 3% w-o-w to $5.35/ dmtu for quality 37% while grade 44% rates inched down by 3% to $7.5/ dmtu as well as quality 46% by 3% to $7.8/ dmtu.Overall, the manganese ore market was slow as a res...


Toyota keeps adjusting July auto output on parts shortage

Toyota plans to produce 800,000 devices internationally, consisting of 250,000 devices at domestic plants and also the equilibrium at abroad plants, however it wants to create approximately 850,000 devices over July-September. For its domest...


WEEKLY: Ferrous scrap prices head south on global steel downturn

Turkiye imported scrap costs are up to virtually two-year reduced: Turkish steel producers and purchasers seem to have come to be a great deal less energetic in the imported scrap market. The weak downstream steel market and also unfavorable...


Taiwan CSC's carbon steel sales decrease slightly in May

The hideaway was mostly due to the reality that steel demand had actually revealed some indicators of deteriorating considering that the 2nd fifty percent of May, and also "the brand-new orders from local downstream clients and abroad buyers...


WEEKLY: Japan's H2 scrap prices down another $15/t

On June 24, Japanese mini-mills in the Kanto area around Tokyo paid Yen 52,000-53,000/ t for H2 grade scrap, down Yen 2,000/ t on week to make the total decrease since the beginning of May reach concerning Yen 14,500/ t, according to sources...