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Imported HRC Offers to Vietnam Slump Further Amid Lower Bids

26 May 2019 Time: 15:26
Imported HRC offers to Vietnam reported further decline as end users in Vietnam are bidding on lower side. Thus disparity between bids and offers resulted to softening imported HRC offers to Vietnam for June -July shipments.

Iranian Mills Raise Billet Export Offers

26 May 2019 Time: 15:22
Iranian billet market has started recovering from dull sentiments and has picked up pace this week. According to SteelMint’s assessment, this is primarily due to the recent increase in Turkey’s scrap import prices, which witnessed a hike of USD 10/MT, yesterday against last week.

Indian HRC Export Offers to Nepal Drop In Recent Booking

26 May 2019 Time: 15:18
SteelMint in conversation with industry participants reported that Indian HRC export offers to Nepal reduced by USD 15/MT in recent deal concluded for June- July shipments.

Indian Sponge Iron Export Offers Up; Buyers Silent

26 May 2019 Time: 15:14
Following rally in Indian domestic sponge prices, the latest export offers being quoted high by USD 5/MT as against assessment made during last week.

India: Prakash Industries Sales Increase in FY19 on High Operational Efficiencies

26 May 2019 Time: 15:04
Prakash Industries Ltd (PIL) - one of the major steel producers in Central region of India has yesterday declared its financial results for the fiscal year 2019, in which the company's net sales & profit after tax (PAT) increased significantly.

India: Ferro Chrome Prices Under Pressure Amid Sluggish Market

25 May 2019 Time: 22:21
Indian Ferro Chrome stoops to new low in this week. Prices have been gradually falling down since last month due to low demand. Producers reported that the market is more inclined towards the buyers side.

India: SAIL Receives Good Response in Pig Iron Auction; 50% Material Booked

25 May 2019 Time: 22:16
SAIL's pig iron auction conducted today for 6,500 MT steel grade pig iron from its Rourkela Steel plant (eastern India) has received quite better response in line with last auction which was held on 15th May'19.

What do HEG Ltd’s Q4 FY19 Results Reveal?

25 May 2019 Time: 20:20
India’s Graphite Electrodes (GE) producer, HEG Limited has released its results for its last quarter of FY18-19 ended Mar’19.

India: Domestic HRC Offers Remain Under Pressure Over Low Priced Imports

25 May 2019 Time: 20:12
This week Indian HRC trade prices continue to fall in few markets like Chennai, Ahmedabad and Hyderabad as demand failed to improve in domestic market. However in other regions like Mumbai , HRC prices have remained unchanged this week.

Bangladesh: Imported Scrap Offers Inch Up; Buying Activity Remains Low

25 May 2019 Time: 20:08
In conversation with market participants, SteelMint learned that imported scrap offers to Bangladesh have shown a marginal upward movement this week following the recovery in global levels.
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