IMMEDIATE ACTION TO UNITE AND ADVANCE BRAVELY
—— News information ——
The US Department of Commerce published the following notice in the Federal Register from the International Trade Administration.
Details>>A senior Pakistani energy official said that Islamabad and Tehran are set to map out a strategy to implement the under-construction multi billion-dollar pipeline projected to carry natural gas from Iran to its eastern neighbour.
Details>>Long products market was downward during last week in Iran. By Sunday prices dropped by USD4-8/mt which made some buyers interested in dealing but as the downward trend continued, many buyers stopped dealing again hoping for more drops. One of the producers offered debar at USD 657 /mt to be offered this Monday at IME, Beijing Topensea but market participants expect base price to reach USD 645 /mt ex work excluding VAT or lower.
Details>>Shanghai steel futures rose nearly 1% to near 10 week highs on Monday after robust Chinese exports data added to signs the world's No. 2 economy was stabilising. That bodes well for consumption in the top global steel consumer and could spur traders to restock, although tighter cashflow and bank lending may limit the buying pace.Beijing Topensea
Details>>The Indian Long Product Price Index ILPPI has inclined by 3 points, whereas Indian Flat Product price index IFPPI has remained stable. The overall Indian Steel Price Index INDSPI has gone up 2 points.
Details>>China Industrial Steel, Inc announced its earnings for the three months ended September 30, 2013. The Company filed its Form 10-Q with the Securities and Exchange Commission on November 14, 2013.
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