GLOBAL CHROME WRAP: Chinese alloy market slides; ore

China's ferro-chrome market weakened over the past week amid a lull in activity after domestic mills wrapped up their latest round of purchasing negotiations, while ore prices were supported by tight supply and firm demand from

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Steel mills look to scrap as substitute for ore

2010/04/27The industry would like to reduce its dependence on imports which account for 62 percent of China's iron ore demand. Chinese steel mills are actively seeking other overseas iron ore

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Iron ore exports: India puts an end to decades

2021/06/18India has been a regular exporter of iron ore to the Japanese steel mills (since 1963) and Posco, South Korea (since 1973). In the last renewal in 2018, a total of 5.5 million tonne per annum

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China promises iron ore market order in meeting with steel

2019/07/16The mills, the CISA, the DCE and the government agencies did not respond to enquiries by Reuters seeking official comment. In their plea to the government, the eight mills also called for investigations into the methodologies used to assess physical cargoes of imported iron ore

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The iron ore price is in freefall. What happens next?

2021/08/06Hannah said more moderate steel output could avoid a "margin crush" that saw overproducing steel mills reduce their bids on iron ore during the 2015 crash. "Especially when it's down to the Chinese steel industry being prudent around their margins and actually maintaining a margin by not overproducing steel," he said.

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Steel industry's iron ore shortage charge 'artificial', say miners

2020/11/23Steel mills, however, say that since June this year, the Odisha iron ore fines price has gone up by over 175% and NMDC prices by 84% and availability of iron ore has become a huge cause for concern.

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Iron ore loses steam amid crackdown on China's steel mills

2021/03/24Iron ore prices for Australian fines imports to China have recovered to US$160.1 ($210) per dry metric tonne after falling to a six-week low earlier in the week.The spot iron ore price had fallen

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Iron

2021/05/17Iron-ore rocketed higher in the early part of last week, prompting the authorities to crackdown further on the steel sector. Steel mills from Tangshan to Shanghai were warned not

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secondary steel msmes: High iron

2021/07/12High iron-ore, pellet prices forcing small secondary steel units to close shops All these units are suffering along with mills in other states in the wake of unprecedented iron ore, pellet prices

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Iron ore in 2021 is looking like iron ore in 2020

2020/12/26Stock levels of imported iron ore at China's ports remain quite high, but are starting to decline as steel mills increase consumption, according to reports. At Chinese ports they are currently around 130 million tonnes, down from a recent peak, but are still above levels of

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Iron Ore Slumps Again as Steel Hub Asks Mills to Control

2021/05/14Iron Ore Slumps Again as Steel Hub Asks Mills to Control Surge. (Bloomberg) -- Iron ore futures tumbled as China's top steel-making hub ramped up

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CII Seeks Preference for Odisha Steel Mills for Iron Ore Supply

2021/07/05It is paradoxical that despite Odisha being the largest producer of iron and steel, with 25% share in steel (33 million tonnes), 35% in sponge iron (14 million tonnes) and 33% of iron ore pellets

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Iron ore prices skyrocket to record highs as Chinese steel

2021/04/28Iron ore prices skyrocket to record highs as Chinese steel mills heat up quintontahir April 28, 2021 Iron ore is combined with coking coal in a huge blast furnace heated to over 1000 degrees Celsius to release molten steel.

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China's steel mills alter iron ore procurement preferences as

2019/12/19Attractive steel margins and a relative lack of pollution controls are having a marked impact on the iron ore procurement preferences of China's steel mills in December ahead of the Lunar New Year holiday that falls early

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Europe steel mills face new high for iron ore costs relative to

2020/08/05Regional mills are searching for lower iron ore prices and higher steel prices to move back into firmer operating metrics. Austrian steel group Voestalpine on Aug. 5 noted high Chinese steel production during the first half of the year while other economies were cutting industrial production due to the COVID-19 pandemic.

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Chinese steel mills chase iron ore contracts with Brazil's Vale

Chinese steel mills and traders are rushing to secure long-term contracts for high-quality iron ore ahead of winter steel output cuts, a boon for the main supplier of such grades of the commodity, Brazilian mining giant Vale. China, the

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Overview of the Steel and Iron Ore Market

Overview of the Steel and ron Ore arket Overview of the lobal steel and iron ore market Production output trends EIU experts revised downwards the estimates of the 2017 global steel output from 5.5 percent to 3.8 percent in accordance with the full-year statistical data released by the World Steel

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Iron ore price drops as steel output control dampens demand

2021/07/21Iron ore prices fell on Wednesday on cooling demand as mills controlled their crude steel production, while arrivals of the steelmaking ingredient increased. According to

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Chinese Steel Export Ban Could Cut The Iron Ore Price And

2021/05/17A shortfall in Brazilian iron ore exports has applied extra pressure on the price which had been expected to fall this year but has surged higher, partly because Chinese steel mills have been

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DAILY STEEL SCRAP: Mills book further September cargoes

2021/08/04But I expect another downward correction soon because the mills are struggling to sell finished steel products in both the domestic and export markets," a Turkish mill source said. "Turkish steelmakers are currently offering rebar for export at $710-715-per

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Iron

2021/05/17Iron-ore rebounds as China mills churn out steel at record pace. Iron-ore futures climbed back above $200 a ton as soaring steel production in China showed there's no sign of the industry

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China steel mills chase iron ore contracts with Brazil's Vale

2018/09/22Chinese steel mills and traders are rushing to secure long-term contracts for high-quality iron ore ahead of winter steel output cuts, a boon for the main supplier of such grades of the commodity

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Iron Ore Slumps Again as Steel Hub Asks Mills to Control Surge

2021/05/14Iron Ore Tumbles as China Steel Hub Warns Mills to Control Surge Bloomberg News Bookmark May 14 2021, 11:10 AM May 17 2021, 9:13 AM May 14 2021, 11:10 AM May 17 2021, 9:13 AM (Bloomberg) --Iron ore's slump from

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Chinese steel mills win domestic iron ore pricing in some

2018/01/25IMPORTED ORE DOMINATES The pricing change was spearheaded by the China Iron Steel Association, an industry body representing medium and large-sized mills, which raised the issue with foreign miners last year, a

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Model Steel

2020/07/07Model Steel is the 1st re-rolling mills in Pakistan, which provide production visit opportunity. Model Steel the re-rolling steel mill is a total customer care company therefore we have the strongest customer awareness program about Steel bars. Our efforts are only for you society.

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China steel mills turn to non

2021/03/04In the context of overall strengthening in imported iron ore prices in February, China's steel mills have turned to lower-grade and generally lower-priced iron ore products for production cost control recently, market sources

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China's steel mills consuming more iron ore pellets

2020/10/23"Some steel mills in (North China's) Tangshan have been consuming more iron ore pellets recently, especially imported pellets, because the prices are more affordable, considering the overall raw materials cost," a Tangshan-based

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Spot iron ore price surges on strong Chinese steel demand

2021/04/27Spot iron ore (Fe 62% fines) price yesterday jumped $6.35/t to settle at $191.45/t CFR China. Spot traders remained buoyant with modest willingness to make offers while steel mills were seen conservative in purchase with a few stepping in to meet production demand. It is expected that spot iron ore price in the short term will hover at high position.

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Steel Mills' accord to buy Balochistan's iron ore

2008/01/28Pakistan Steel Chairman Muhammad Javed told a workshop participant in Lahore on Friday that PSM will sign an agreement on January 29 with Chinese company to buy 50,000-60,000 tonnes of iron ore

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FEATURE: More China steel mills to cut output in H2

2021/07/12A few mills start restrictions, more are waiting for orders It is widely acknowledged that the cut will be steep, if it is to happen, as January-May, the country's steel output grew 13.9% or 57.7 million tonnes on year to 473.1

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Steel

In modern steel mills these processes often occur in one assembly line, with ore coming in and finished steel products coming out. Sometimes after a steel's final rolling, it is heat treated for strength; however, this is relatively rare.

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Iron ore mining lease granted for AMNS steel mill project in

2021/04/21The proposed 12 million mt per year greenfield steel mill project of India-based ArcelorMittal Nippon Steel (AMNS) in the state of Odisha will secure access to the Ghorabhurani-Sagasahi 78.24 million mt iron ore reserve

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