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CANSI: China's H1 new vessel orders fall 41.3% on year

When it comes to June alone, Chinese backyards safeguarded brand-new orders equal to 4.77 million DWT, higher by a monstrous 107% on month, Mysteel Global kept in mind from the CANSI information. By end-June, the stockpile of orders held by...


SK: Hot-rolled steel products imports surge over 30% in H1 CY'22

Along with competitive deals from exporting countries, supply disturbance due to facility repair work as well as raised domestic rates resulted in greater imports of HR products in H1. In H1CY'22, imports of Japanese hot-rolled wide strip (H...


WEEKLY: Mills' import iron ore stocks refresh record low

Since July 27, the supplies of these penalties held by the sampled mills had actually thinned for the third week by 247,700 tonnes or 1.8% on week, according to Mysteel's survey. Source: Mysteel Numerous steelmakers across the nation lowered...


Vietnam: Imported scrap offers dip, trade moderate on pessimism

Steel producers are still cautious as a result of the unpredictable economic climate, low ended up steel need, and banking troubles, SteelMint found out. The minimal credit score accessibility from banks to purchasers maintained the imported...


Vietnam okays another entrant to its shipbreaking sector

The firm granted MoT authorization is Nosco Shipyard Joint Supply Business, a shipbuilder situated in Quang Yen in north-east Vietnam's Quang Ninh Province, about 35 kms from the nation's maritime center of Haiphong. Established in 2009, Nos...


Japan's imported stocks of flats rise for 2nd month in June

The information put together by the Japanese trading home since September 1991 have been an essential indication of the nation's demand for imported carbon steel apartments to market individuals, Mysteel International notes. A Tokyo-based le...


DAILY: China import iron ore prices climb, sales improve

On Thursday, Mysteel PORTDEX 62% Australian Fines in Qingdao climbed to Yuan 806/wmt ($ 119.5/ wmt) FOT and also including the 13% VAT, up by Yuan 52/wmt on day. The exact same day, Mysteel SEADEX 62% Australian Fines was $7.2/ dmt greater o...


Japan's Jun domestic stainless flat sales up 9% on month

JSCA sales represent about 60% of Japan's total stainless level sales, Mysteel International notes. The June sales were down 5.3% on year, yet a sales authorities from a coil center in Tokyo shared that overall stainless flat need had been k...


New joint venture set up for Simandou iron ore project

The joint endeavor unification is a considerable turning point in "the execution of the framework arrangement authorized amongst the celebrations" in March this year, Rio Tinto claimed. Consequently, "the events will currently service next s...


Taiwan stainless mills trim Aug list prices on poor demand

Yieh United Steel Corp (Yusco), Taiwan's biggest stainless producer headquartered in Kaohsiung in South Taiwan, is cutting its sale price for 304- as well as 430-grade stainless hot-rolled coil (HRC) as well as cold-rolled coil (CRC) by TWD...