Chinese Mill Concludes 70,000 MT HRC Export Deal to Vietnam
Mining News Pro - Imported HRC prices to Vietnam fell further towards the weekend in recent deal being concluded from China. Market sources in Vietnam shared that major steelmaker in China named - Baosteel booked another cargo of 70,000 MT HRC (SAE 1006) for exports to Vietnam at USD 470/MT CFR Vietnam for March shipment.
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Visit: 770
HRC Exports from Major Japanese Mills Fall to 6 Years Low in 2018
Mining News Pro - As per reports from Japan Metal Daily, Japanese HRC export volume is persistently showing downtrend and has recorded a significant drop of 1.5 MnT in CY18 against previous year. Japan based major steel mills like Nippon Steel Sumikin and JFE have reduced their export volumes amid increased demand in domestic market considering it as priority.
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Visit: 1055
Few Indian HRC Export Deals Reported to Nepal
Mining News Pro - Recently SteelMint learn from market sources that a major private Indian steel manufacturer exported HRC to Nepal for Nov- Dec shipments.Company has concluded HRC deal of around 2 rakes which is coming around 5400 MT in the range of USD 622/MT CFR basis.
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Visit: 1269
Indian HRC Export Price to Vietnam Stable in Recent Deal
Mining News Pro - Market participants in conversation with SteelMint shared that an eastern India based major Indian mill has booked HRC to Vietnam for September shipments.
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Visit: 974
Indian HRC Export Prices to Nepal Decline Sharply in Recent Deals
Mining News Pro -SteelMint learned from Nepal based market sources that Indian HRC export prices to Nepal have moved down significantly by USD 25-30/MT M-o-M in recent trades concluded.
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Visit: 884
US Sanctions Instigates MMK to Cease HRC Exports to Iran
Mining News Pr - MMK (Magnitogorsk Iron and Steel Works) which is Russia’s third largest steel manufacturer and has recently completed the reconstruction of its first blast furnace, has stopped deliveries to Iran on the backdrop of US Sanctions imposed on Iran.
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Visit: 1905
Indian HRC Export Prices to Vietnam Move Down in Recent Trades
Mining News Pro - Indian HRC export prices fell by by USD 5-8/MT amid competitive pricing and weak buying sentiments from end users in Vietnam.
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Visit: 1122
US Sanctions Instigates Russia and Kazakhstan to Cease HRC Export to Iran
Mining News Pro - Iran, the emerging steel market in MENA and World is likely to face US sanction on 6-Aug’18. US is cutting down all the possibilities of export and import trade with Iran. Recently, Russia and Kazakhstan have stepped back to do steel trade with Iran. The nations will be stopping HRC export to Iran over the prospects US reimposing sanctions on Iran.
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Visit: 1098
JSW Steel Likely To Increase Allocation for HRC Exports - Sources
Mining News - SteelMint learned from market sources that JSW Steel is to offer HRC for exports from next week. The company is expected to increase its allocation in exports against previous months.
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Visit: 1134