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India's manganese ore imports drop 48% q-o-q in Jul-Sep' 22.

Early morning Brief: India's manganese ore imports revealed a sharp drop in the 2nd quarter or Q2 (July-September) of monetary year 2022-23 (FY23) versus Q1 (April-June, 2022), according to data maintained with SteelMint. Quantities in Q2 dr...


Tokyo Steel lifts its scrap buying costs by $3.4/ t.

Tokyo Steel's most current change was made after the business had actually trimmed its scrap purchasing rates by Yen 1,500-2,500/ t over September 22-October 6, Mysteel Global discovered. With the price increment, Tokyo Steel's H2 purchasing...


BHP July-Sept iron ore result up 2% YoY, guidance remains

All tonnage is on 100% basis, Mysteel Worldwide notes. BHP highlighted its solid performance in Western Australia Iron Ore (WAIO), which was partially countered by planned vehicle dumper upkeep in the quarter. Specifically, "proceeded solid...


Kyoei Steel surrender rebar base costs for Nov sales

Kyoei Steel, a mini-mill in Osaka in western Japan, has actually been keeping it rebar rates level considering that June, after it had actually added Yen 10,000/ t ($ 67/t) for May sales, as reported. The company authorities claimed the most...


BHP's July-Sept met coal result drops 19% on quarter

However, BHP noted that stock drawdown, plus the continued ramp-up of autonomous haul truck fleets at the Goonyella mine in the Bowen Container, balanced out these influences largely. BHP has actually maintained its satisfied coal manufactur...


CAAM: Sept sales of passenger vehicles climb at a rapid clip

Last month, Chinese guest car sales topped 2.33 million devices, up 9.7% from August and by a crackling 32.7% from September in 2015, according to the association." Sales proceeded the fast development energy seen over June-August," it state...


PELLEX drops to over 3-month low on subdued trade, reduced bids

Reasoning: PELLEX has actually been derived utilizing information factors: i.e. professions, offers and also bids No deal was reported in this publishing window and accorded 0% weightage for T1 trade. 10 (10) firm uses, bids and a sign costs...


Vale's production and sales table for Jul-Sept

Vale's manufacturing as well as sales summary up until Sept (Device: '000 tonnes) Notes:-LRB- 1) Including third-party acquisitions, run-of-mine as well as feed for pelletizing plants. Leaving out Midwestern System volumes.( 2) Consisting of...


China intends to generate 4.6 bln t basic coal by 2025

"As the globe's significant power manufacturer and customer, China has constantly put energy security as a top priority for its works on power," said Ren Jingdong, replacement supervisor of the National Power Administration, at the meeting....


Shagang cuts scrap buying prices for 3rd time this month

The mill, headquartered in Zhangjiagang, East China's Jiangsu, has actually reduced its scrap getting rates by an overall of Yuan 180-200/ t considering that October 12 and is now paying Yuan 2,910-2,970/ t for domestically-produced HMS qual...