News Categories

South Asian Scrap Importers Turn Silent; Seek Clarity on Global Offers

19 May 2019 - 05:28
SteelMint learned from industry participants that containerized scrap trades to South Asia remained limited on account of low demand and to have more clarity after the recent price hike in the global market.

Pakistan: Imported Scrap Prices Hit 4 Month Low amid Sharp Fall in Global Offers

16 May 2019 - 14:08
SteelMint learned in recent conversations with industry participants that imported scrap offers in containers to Pakistan have dropped to 4-month low amid global price correction observed during the closing of last week.

Pakistan: Imported Scrap Prices Soften Marginally; Trades Slow Down

9 May 2019 - 12:21
SteelMint learned in recent conversations with industry participants that imported scrap offers to Pakistan have shown slight correction following softening global scrap offers.

Lynas board turns down $1.1B Wesfarmers bid

11 April 2019 - 14:32
Australian rare earths miner Lynas Corp (ASX: LYC) said Wednesday its board has rejected a A$1.5bn (about $1.1B) takeover proposal from Australian retail and industrial conglomerate Wesfarmers.

Established companies and start-ups Stronger together: Digitisation is dematerialisation

23 March 2019 - 17:55
Established companies offer the greatest potential for digital transformation. However, traditional industrial companies are too focused in the concentration of their digitisation strategy on optimisation of the processes used in their existing business.

Amnesty accuses electric vehicles makers of using unethically sourced minerals

21 March 2019 - 21:27
Human rights advocate Amnesty International has accused the electric vehicle (EV) industry of selling itself as environmentally friendly while most of the batteries they produce use polluting fossil fuels and unethically sourced minerals.

Erdogan: Turkey Ready to Launch Own SPV for Iran

16 February 2019 - 19:04
Turkish President Recep Tayyip Erdogan said his country is "ready" to set up its own trade mechanism with Iran, allowing companies from the two neighboring countries to continue with their "legitimate" business amid the hostile US sanctions.

Iran-Singapore Commercial Committee Established

12 February 2019 - 20:07
Iran-Singapore Commercial Committee was officially established on Wednesday, the deputy head of Iran Chamber of Commerce, Industries, Mines and Agriculture for international affairs said.

Iran, Australia to Further Develop Industrial Ties

27 January 2019 - 18:35
Tehran and Canberra are determined to further increase industrial cooperation as representatives from the two countries signed an agreement in Tehran.

Iran Ups Textile Exports by 40 Percent

26 December 2018 - 18:19
Iran has boosted its textile production by two percent and its exports by 40 percent in the first nine months of the current Iranian year (March 21, 2018-December 22, 2018), a senior Iranian industry official announced.
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