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 24/05/2013

       
 
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 Thirty Years of Working With Seel
 Hebei imported iron ore market in bullish mode
 Last Update:     06/12/2010 11:00:32
Imported iron ore quotations in Hebei market hold stable and traders are generally upbeat on market outlook.
The spot iron ore resources in Hebei major ports are mainly Australian ones, low quality Indian fines and also other varieties like Iran fines. Steel mills are considering importing cheaper cargoes from small countries. Big traders have raised quotations this week, yet this does not echoed by local steel mills, as transactions do not grow compared with last week. However, traders are still in a bullish mood, attributed to soaring billet price, firm domestic iron ores and steel production recovery this week.

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Algeria - ArcelorMittal continues talks to increase Algerian capacity
World  - World Steel sees iron ore surplus growing up to 2017
Russia - Russian firm plans to build billet & rebar mill by 2015-16
Turkey - Turkish billet and slab output down in Jan-Feb
Russia - Russia's Severstal to expand CR product capacities
CIS - ArcelorMittal expects 4.2% annual growth until 2018 in CIS
Russia - Russia's Severstal to expand CR product capacities
Saudi Arabia - Rajhi Steel mulls new billet plant
Saudi Arabia - Qatar Steel enters DRI supply agreement with Saudi mill
Russia - New capacity seen capping Russia rebar price

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China - Hebei imported iron ore market in bullish mode

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China - Hebei imported iron ore market in bullish mode
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