Spot coking coal prices in Asia-Pacific were either steady or slightly higher Monday depending on the coal type amid positive trends in steel and iron ore prices. Price moves in metallurgical coal remained limited, however, as there ...
Tags: coking coal, coking coal prices, metallurgical coal, Asia
FIMI has pitched for a drastic reduction in export duty on low grade iron ore to 5%from the present 30%,the current rate has rendered shipments unviable. Mr RK Sharma secretary general,Federation of Indian Mineral Industries said that"We ...
Tags: FIMI, iron ore fines, Federation of Indian Mineral Industries
A report tabled by the Comptroller and Auditor General suggests, iron ore miner National Mineral Development Corporation has suffered revenue loss of INR 745.94 crore during 2007-10 for not revising the domestic prices of the steel making ...
Tags: Iron ore pricing, Iron ore, iron ore miner, steel output
The export duties for manganese metal (except for manganese briquettes of which durty has been zero) and silicon metal are to be abolished, as has been rumored, effective January 1, 2013. The duties for manganese ore, coke and magnesium ...
Tags: Mn metal, Si metal, manganese metal, manganese ore, coke
Reuters,citing an official with the Ministry of Finance,reported that China will scrap an export duty of 40%on metallurgical coke from next year,in a move that could spark a surge in Chinese exports and threaten regional vendors. China's ...
Tags: export duty, China, metallurgical coke
During the SteelOrbis fall 2012 conference&67th IREPAS meeting held in Munich on September 30-October 2,Peter Marcus from World Steel Dynamics(WSD)has assessed the current situation in the world steel industry and provided an outlook for ...
Tags: SteelOrbis, 67th IREPAS meeting, Munich, WSD
There is no proposal at present to ban export of iron ore. Considering the fact that the country has sufficient resources of iron ore at 28.4 billion tonnes and the fact that iron ore fines has limited use in the country, the export of iron ...
Tags: Iron Ore, mineral, Mineral Policy
Business Standard reported that export of galvanized steel from Kolkata port has been hit by a sudden move of the customs authorities in Kolkata to impose 20% export duty on the commodity. A spokesperson of Engineering Export Promotion ...
Tags: Galvanized steel, non alloy steel, flat rolled products
Of late, there are allegations that the nation's largest iron ore producer, government owned NMDC, is exporting it to Japan at a much lower price than what the domestic steel industry pays. Also, with Mr CS Verma being the chairman of ...
Tags: ore producer, NMDC, sponge iron
September 2012 became import surplus after two calendar quarters of export surplus. Exports in the Q3 of 2012 were 3.31 million pounds (Mo content) by estimate and imports were 3.42 million pounds (Mo content) also by estimate. The sharp ...
Tags: Chinese Molybdenum, import surplus, export, import, trade volumes
Market situation of ferroalloys in Japan as of November 15th 2012 is as follows. Summary: Market is watching China to see whether it will decide in December to alter export tax rates on ferroalloys and silicon manganese metals. A rumor is ...
Tags: Japanese, Ferroalloy Market Report
At the SteelOrbis Fall'11 Conference&65th IREPAS Meeting held in St.Petersburg on September 25-27,we found the opportunity to meet Ugur Dalbeler,the General Manager of Turkey-based Colakoglu Metalurji and IREPAS chairman and we discussed ...
Tags: SteelOrbis Fall'11 Conference, 65th IREPAS Meeting, St Petersburg
On 18 July 2012, the Russian Federation Council approved the protocol for Russia’s accession to the WTO. The country will now become a full WTO member 30 days by 22 August at the latest. After that Russia will reduce export duty on ...
Tags: market view, birch log, polar log