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September the plate volume market recovered, clinch a deal valence rose slightly, but the market demand is still weak, increase duration and raise prices remains to be seen.
Details>>Ukraine slab due to shortage of resource, the European heavy plate prices have risen 10-20 euro/short (13 - $26 per ton). Influenced by political, Ukraine of large plate mill and the slab production plant in southern region in the heavy plate production affected by obvious, commodity plate increases rapidly, the southern region of thick plate factory price is 490-500 euros/ton (632-645 dollars/ton). The Nordic steel plant has raised its offer, but did not determine the market has a deal, so the
Details>>Indian state-owned mining company (NMDC) last month for a $12.3 million extra for Legacy of Australia iron ore company about 30% stake, before its stake from 48.82% to 78.56%.
Details>>The Venezuelan government announced a ban on steel and raw materials exports, to ensure domestic supply stability, to crack down on smuggling activities. However, hot piece of iron is not prohibited from exportation product list.
Details>>A few days ago, south Korean media reported that South Korea's industry minister, according to statistics published this year in June South Korea's iron and steel products export volume of $3.198 billion, up 22.4% from a year earlier, the growth in South Korea's main export commodities in second; January to July, and South Korea steel products exports year-on-year growth of 9.2%, to $20.666 billion.
Details>>Japan for the scrap steel export price rise in Vietnam and China Taiwan, but local steel mills are cautious. Latest Japanese no. 1, 2 to Vietnam mixed heavy waste (50:50) export offer of $374 to $375 / ton (CFR), no. 2 heavy scrap export price estimate of $369 to $370 / ton (CFR), equivalent to 34100 yen/ton (FOB). In view of the south Korean steel mills last week offer 33000 yen/ton (FOB) purchase the Japanese 2 waste, Vietnam buyers to purchase 2 heavy waste at higher prices to be cautious.
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