runfei news&blogs

16Feb Steel News

Poland Scrap Traders Replace Turkish Market With Exports To India

Exports to Bangladesh increased 158% to 144,326t, while shipments to India witnessed an unusually significant increase, from 56,364t to 236,225t. Nevertheless, shipments to Pakistan decreased...

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14Feb Steel News

In Spite Of The Euro-dollar Instability, Indian HRC Export Offers Gains

10,000 tonnes of structural grade HRC were sold last week by a tier-1 Indian mill to Italy and Antwerp for $800–805 per tonne cfr, netting...

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13Feb Steel News

The Anti Dumping Committee Of Indonesia This Week Launched A Sunset Review Investigation On Hot Rolled Coils

This  week, the Indonesian Anti-dumping Committee began an investigation into hot rolled coil imports from China, India, Russia, Belarus, Kazakhstan, Taiwan, and Thailand. This is...

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10Feb Steel News

Last Week, The Southeast Asian Billet Import Market Gained Traction

Due to weak regional demand, regional mills’ target offer prices continue to be out of reach for consumers. On February 2, a 10,000-tonne cargo of...

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09Feb Steel News

Prices For Hot Rolled Coils in The Gulf Cooperation Council Are Falling, Especially For Those With Chinese Origin

The GCC’s regular buyers of Indian mills aren’t getting rates from them. The cost of HRC has dropped by $10–$15 per tonne this week compared...

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08Feb Steel News

Last Week, The Southeast Asian Billet Import Market Gained Traction

Due to weak regional demand, regional mills’ target offer prices continue to be out of reach for consumers. On February 2, a 10,000-tonne cargo of...

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07Feb Steel News

Saudi Stainless Steel Seamless Pipe Manufacturing Project Started

The King Salman Energy Park (SPARK) in northern Saudi Arabia is the site of the groundbreaking for SeAH Gulf Special Steel Industries (SeAH GSI), a...

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06Feb Steel News

GCC Mills Commit To Exporting Billets

Direct reduced iron-route long steel producers signed two standard billet contracts with a trading firm last week with the intention of selling the product to...

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03Feb Steel News

Italian HR Plate Prices Rose Again Slightly

Available prices for Italian S275JR plate are €850-900/t EXW, compared to €850-870/t EXW a week ago, for deliveries in March-April. Sufficient demand and high slab...

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02Feb Steel News

Russian Copper Company To Invest $1 Billion in Kazakhtan Factory

According to regional governor Nurlan Urankhaev, the corporation would be given the permission to develop the Aidarly copper deposit in the Abay region. In a...

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01Feb Steel News

India Considers Raising HRC Due To Favorable Domestic Opinion

The hike is supported by strong domestic demand in India and restocking by traders in advance of the publication of the Indian budget, with predictions...

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31Jan Steel News

Iron Ore Remains Stable After China’s Return

On Monday, the 62% Fe index decreased $0.02/t to $126.98/dry metric tonne cfr. The 58% Fe index increased $0.02/t to $110.64/dmt cfr, and the 65%...

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