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Latest Market News Of Mild Steel

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OfBusiness Secondary TMT Dailies

OfBusiness Secondary TMT Dailies

The prices of secondary TMT have experienced a decline due to low demand. In certain regions, the price dropped in the range of Rs. 300-500/ton. Offers for Delhi location remained Rs. 52,200/ton ex-plant basis.
OfBusiness Steel Dailies

OfBusiness Steel Dailies

The Semi-Finished Steel and TMT market noticed a sluggish trend and prices fell by Rs. 300-700/ton across various regions. Meanwhile, HRC and CRC offers at Rs. 58,500/ton and Rs. 63,000/ton ex-Delhi NCR.
OfBusiness Oil and Seeds Dailies

OfBusiness Oil and Seeds Dailies

Haldia's mustard oil stable at Rs. 1050/10kg; rice bran prices decrease. Jaipur, Delhi, and Kota see varied mustard seed prices. India exports record 22.96 lakh tonnes rapeseed meal. Retailers to align MRP with global oil prices.
OfBusiness TMT Dailies

OfBusiness TMT Dailies

Secondary TMT prices dropped by Rs. 800-1000/ton in the first 3 days of the week, and Rs. 300-500/ton compared to yesterday. Primary Market faces pressure to lower prices due to sluggishness and increasing inventory.
OfBusiness MS Scrap Dailies

OfBusiness MS Scrap Dailies

MS Scrap prices in Chennai market sustained consistent levels. Finished Goods demand affects MS Scrap demand. Limited trade in South Asia. Turkey anticipates upcoming election. Prices are expected to change with increased Sponge Iron usage.
China's Apr Manganese Ore Imports Jump 45% On Month

China's Apr Manganese Ore Imports Jump 45% On Month

China saw a significant increase in Manganese Ore imports in April, rising by 45% to reach 3.07 million tons. Overseas mines ramped up shipments due to steady consumption by smelters producing Manganese Alloys.
NSI Assists To Achieve Ethanol Blending Target

NSI Assists To Achieve Ethanol Blending Target

NSI working towards achieving the government's ethanol blending targets. Sugar industry is redirecting intermediate and B Heavy molasses for ethanol production while NSI has developed a special formulation to prevent molasses deterioration, increasing ethanol yield by 3%
Mexican Production Of Iron Pellets Drops 12.9 Percent In March

Mexican Production Of Iron Pellets Drops 12.9 Percent In March

In March, Mexico's Iron Pellet production volume fell 12.9% YoY to 508,503 tons. Only ArcelorMittal showed positive growth, while Colima contributed 56.7% of production. Overall, production decreased in all three regions. The average value per ton was MXN 1,575 pesos ($86/mt).
Iron Ore Inventory At 35 Ports Accumulated

Iron Ore Inventory At 35 Ports Accumulated

Iron Ore inventories in China's 35 ports reached 124.38 million tons on May 19, up 1.95 million tons from the previous week but down 5.29 million tons from last year. Average daily shipments decreased to 2.76 million tons.
Crude Oil Gains On Hopes Of Improved Fuel Demand

Crude Oil Gains On Hopes Of Improved Fuel Demand

Crude oil prices rose as the US expected increased fuel demand ahead of the Memorial Day weekend. Gasoline futures also increased, and supply disruptions in Canada added to tight supply concerns. Discussions on raising the US debt ceiling continue.

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