Steel trade, import & export news.

Iron ore drops further as strong supply, China steel sell-off ...
iron ore market singapore
Fri, 26 Jul 2024 00:00:00 GMT
Iron ore futures prices lost further ground on Thursday, weighed by strong global supply and top consumer Chinas persistently weak steel market, although hints of heavier monetary stimulus helped limit losses. The most-traded September iron ore contract on Chinas Dalian Commodity Exchange (DCE) fell for a fifth straight session to close daytime trade with a loss of 1.55% to 764.5 yuan ($105.50) a metric ton. The benchmark August iron ore SZZFQ4 on the Singapore Exchange dipped below the


Uzbekistan: metallurgy up in H1 2024
metals trade uzbekistan
Fri, 26 Jul 2024 00:00:00 GMT
In January-June, the metallurgical industry produced goods worth almost 77 trillion soums with annual growth of 8%, the Statistics Agency reported. Meanwhile, supplies of metal products increased by almost 4%. In the first half of the year, Uzbekistan exported non-ferrous metals worth $688.2 million, down by 3.8%. Exports of pig iron and steel decreased


Dalian iron ore extends falls on weakening steel market, demand ...
iron ore market singapore
Thu, 25 Jul 2024 00:00:00 GMT
Dalian iron ore futures prices fell for the fourth consecutive session on Wednesday, weighed down by a weakening steel market and lingering concerns about demand in top consumer China. The most-traded September iron ore contract on Chinas Dalian Commodity Exchange (DCE) ended daytime trade 1.65% lower at 775.5 yuan ($106.61) a metric ton. The contract hit a low of 771.5 yuan a ton earlier in the session, its weakest level since April 8. The benchmark August iron ore on the Singapore


Ukraine: Kametstal to supply rebars to Poland
trade ukraine
Thu, 25 Jul 2024 00:00:00 GMT
Kametstal has expanded its product portfolio that corresponds to the requirements of both domestic and foreign customers. The company has received a conformity certificate for B500B rebars. The certificate for rebars with the diameter of 8 to 32 mm allows exporting them to Poland. Receipt of certificate was preceded by product samples sent to


Surge in steel imports drives up prices amidst local production ...
production steel
Thu, 18 Jul 2024 00:00:00 GMT
KARACHI: The fiscal year 2024 witnessed a substantial rise in the import of finished steel products, contributing to heightened prices due to dollar


Metinvest Increases Tax Payments to Ukrainian Budget by Over ...
metinvest russia
Mon, 15 Jul 2024 12:40:23 GMT
Amid the full-scale war, Metinvest remains a pillar of Ukraines economy. In the first half of 2024, including associated companies and joint ventures, the Group increased its taxes and duties to budgets of all levels in the country by 56% year-on-year to UAH9.9


India's coal import rises 5 pc to 52 MT in April-May
coal india sail trade
Mon, 08 Jul 2024 00:00:00 GMT
India is set to trial coking coal imports from Mongolia later this month, aiming to reduce its reliance on Australian supplies. Major steel producers like JSW Steel and SAIL will receive initial shipments, exploring alternative routes beyond Chinese ports. This strategic move addresses volatile supply issues and diversifies sources amid geopolitical tensions with


Nippon Steel & Sumitomo Metal Corporation - Press Release
nippon steel
Thu, 27 Jun 2024 11:12:24 GMT
Nippon Steel's Policy regarding US Trade Enforcement Cases to Protect ...


Blastr Green Steel strengthens strategic partnerships and raises ...
germany ghg metals
Thu, 27 Jun 2024 00:00:00 GMT
Global steel industry leader Cargill Metals, Germany-based steel trader INTERFER Group, Tesi, Finlands state-owned venture


Decarbonisation needs wholesale change, project realisation questionable: ...
europe ghg steel trade
Wed, 26 Jun 2024 00:00:00 GMT
CBAM and ETS are important to support low-emission steelmaking in Europe, but access to low-cost...


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