News Categories

China iron ore pellet: Prices rise on demand spike

10 December 2019 - 18:24
Seaborne pellet prices were higher on the back of seasonal winter stocking of direct-charge materials and profitable steel mills buying more medium- and high-grade iron ore to maintain peak production rates.

OCP to expand operations in Brazil

22 November 2019 - 13:28
Moroccan-based OCP will expand its facilities in Brazil, building four more warehouses in the country.

India: No Bids Received in SAIL Pig Iron Auction

18 November 2019 - 19:09
Steel Authority of India Ltd (SAIL) - a govt. owned steel producer conducted auction for around 6,100 MT steel grade pig iron today from its Rourkela Steel plant (eastern India). The auction received weak response as entire offered quantity remained unsold.

Indonesia: Govt Imposes New Regulations on Scrap Import; Market Perplexed

18 November 2019 - 19:02
Indonesian government’s Ministry of Trade has decided to impose new regulations for import of ferrous scrap - among other waste products - to the country, from 23 Nov’19, SteelMint learned from sources.

SAIL Reduces Base Price for Pig Iron Auction by INR 500/MT; 80% Material Booked

11 November 2019 - 13:51
Steel Authority of India Ltd (SAIL) - a govt. owned steel producer conducted auction for around 4,100 MT steel grade pig iron today from its Rourkela Steel plant (eastern India). The auction received good response with around 80% of the material offered got booked at base price.

Turkey: Imported Scrap Prices Inch Up in Recent Bookings

8 November 2019 - 13:19
SteelMint learned from market participants that imported scrap prices to Turkey have slightly inched up in several deep-sea cargo bookings completed in the last few days. Amid tight material availability, the market expects the uptrend to continue for the medium term.

Kibaran confirms graphite process through test work

5 November 2019 - 18:12
Australian graphite developer Kibaran Resources has confirmed the effectiveness and environmental friendliness of its EcoGraf proprietary purification process through testwork results for the development of a battery anode material manufacturing facility at Kwinana, south of Perth.

Chinese GE Major Fangda Carbon registers dramatic Fall in Profits amid Slashed Prices

31 October 2019 - 18:27
The sharp decline in graphite electrodes prices in past one year has dragged down the performance of Chinese graphite electrodes manufacturer, Fangda Carbon, as its net profits have registered a fall of more than 50% in the first three quarters of 2019.

Venezuela’s degraded bauxite, alumina ops halted

29 October 2019 - 19:01
Venezuelan state-owned Bauxilum has suspended bauxite and alumina production, the latest casualty of unstable power supply, mismanagement and a lack of imported materials.

Lower sulfur fuel shift underway: Phillips 66

25 October 2019 - 19:11
Up to 90pc of the global marine fleet will be using compliant fuel in December, Phillips 66 said today.
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