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In a meeting with top state government officials, JSPL Chairman Naveen Jindal emphasised the need to give preference in iron ore auction to companies which have already invested in Odisha Jindal Steel and Power Ltd (JSPL) Chairman Naveen Jindal on Saturday sought steps to provide raw material security and to reserve iron ore mines for…
DetailsSeaborne iron ore prices rose strongly above $90 per tonne cfr China on Monday September 9, reflecting gains in the futures and steel markets after the Chinese government boosted liquidity in the commercial banking sector. Fastmarkets iron ore indices 62% Fe fines, cfr Qingdao: $92.97 per tonne, up $3.92 per tonne. 62% Fe Pilbara Blend fines,…
DetailsBased on the Commerce Department’s most recent Steel Import Monitoring and Analysis data, the American Iron and Steel Institute reported that steel import permit applications for the month of August totaled 2,134,000 net tons. This was a 40.8% decrease from the 3,606,000 permit tons recorded in July and a 29.6% decrease from the July final…
DetailsSingapore — India's crude steel production fell in August to 8.99 million mt, down 2.3% from 9.20 million mt a year ago, provisional data released late Friday by the Joint Plant Committee showed. Apparent steel consumption in August was 8.61 million mt, up 1.7% from 8.47 million mt the year before.Hot metal production in August…
DetailsIn January-August Ukraine exported $69.697 million worth of aluminum and its wares, down by 26.1% YoY ($9.157 million in August). Lead exports dropped by 32.7%, to $16.843 million ($1.929 million) and nickel – by 40.2%, to $3.48 million ($0.213 million). Ukraine exported $416 thousand tons worth of zinc ($31 thousand in August) as opposed to…
DetailsAccording to the State Fiscal Service, in January-August Ukraine decreased imports of nickel and nickel wares by 12.2%, to $58.301 million ($5.468 million in August). At the same time imports grew by 5.7%, to $261.639 million ($33.214 million in August), and lead – by 1.5%, to $8.906 million ($1.426 million). Tin imports dropped by 27.7%,…
DetailsIn January-August Ukraine increased copper and copper wares imports by 24.1% YoY, to 75.131 million. According to the State Fiscal Service, exports dropped by 47.6%, to $58.229 million. In August copper imports totaled $11.752 million and exports – $6.065 million. (Ukrainian metal)
DetailsIn January-August Ukraine exported 27.214 million tons of iron ore raw materials, up by 10.1% YoY, valued at $2.499 billion, up by 33%. According to the State Fiscal Service, China accounted for 32.35% of deliveries, Poland for 12.67% and the Czech Republic for 9.62%. In 8 months Ukraine imported 108 tons of iron ore raw…
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