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Japan's scrap export tender price falls again, $62/t off

The top quote this month was for 5,000 tonnes, which the winner prepares to deliver to Vietnam or South Korea, while the 2nd winning bid-- Yen 44,480/ t FAS-- was also for a 5,000 tonne-parcel bound for South Korea or Taiwan, Mysteel Global...


GACC: China's H1 coal imports down 17.5% to 115 mln tonnes

Actions by China's central government to enhance coal production and deliveries have led domestic coal supply to climb further. This motivated some domestic end-users as well as investors to partly slow international coal bookings. China's c...


Vale's Zhongzhai pre-blending project starts construction in China

The task-- to be created by Ningbo Zhoushan Port-- is anticipated to start procedures by the 2nd half of 2023 as well as will certainly develop silo-blending centers of approximately 8 various ores with 15 million tonnes/year capacity in the...


Shagang cuts scrap buying prices 9th time since Jun 14

Shagang, headquartered in Zhangjiagang, East China's Jiangsu province, has cut its scrap purchase costs by a total of Yuan 720/t over the period. And with the most up to date cut, it is paying Yuan 3,100-3,160/ t for domestically-sourced HMS...


GACC: China's H1 steel exports down 10.5% on year

The substantial on-year autumn was mainly as a result of the higher base for the very same period in 2015, Mysteel Global noted. For June alone, China's steel exports signed up 7.56 million tonnes, down 202,000 tonnes or 2.6% on month, thoug...


Indian billet export market dormant on domestic rising long prices

Steel mills in India are not all set to cost reduced rates as they are improving realization in the residential market itself, resources also educated. Indian main mills have actually elevated rebar offers by around INR 1,000/ t for mid-July...


Taiwan Feng Hsin's rebar, scrap prices keep stable

For the business conversation till this Friday, the mini-mill remains to offer its 13mm dia rebar at TWD 21,300/ tonne ($ 711/t) EXW, the very same level as last week, and also its purchasing price for regional HMS 1& 2 80:20 scrap additiona...


GACC: China's H1 iron ore imports dip 4.4% on year

In June alone, the import quantity turned around down from the previous month's uptick to reach around 89 million tonnes, lower by 3.5 million tonnes or 3.8% on month, and also 0.4% lower on year. Yet the quantity was still at a relatively h...


India: Iron ore conc suppliers raise offers on improved pellet prices

SteelMint's index for Fe 63% concentrate rates presently stands at around INR 2,800/ tonne (t) exw, increasing by around INR 200/t as versus the previous assessment on 9 July, 2022. Some offers at greater levels of INR 3,000/ t exw were also...


METI: Japan's Jul-Sept crude steel output to dip 2.4% YoY

On the other hand, Japanese unrefined steel outcome throughout the present quarter will certainly be a little up on quarter by 0.8%, and complete unrefined steel result over January-September is to approximate 69.81 million tonnes, down 3.2%...