{"id":3698,"date":"2019-01-18T15:37:17","date_gmt":"2019-01-18T15:37:17","guid":{"rendered":"http:\/\/financeintellect.com\/home-page\/home\/?p=3698"},"modified":"2019-01-18T15:37:17","modified_gmt":"2019-01-18T15:37:17","slug":"indias-ferrous-scrap-import-has-touched-more-than-1-year-high-in-nov18","status":"publish","type":"post","link":"https:\/\/financeintellect.com\/home-page\/home\/indias-ferrous-scrap-import-has-touched-more-than-1-year-high-in-nov18\/","title":{"rendered":"India\u2019s ferrous scrap import has touched more than 1 year high in Nov\u201918"},"content":{"rendered":"<p><strong>Steel Sector News (Domestic and Global):<\/strong><\/p>\n<p>I. India\u2019s ferrous scrap import has touched more than 1 year high in Nov\u201918. According to\u00a0published data, India imported 516,879 MT ferrous scrap in Nov\u201918 that stood 17%\u00a0higher from 442,304 MT recorded in Oct\u201918.<\/p>\n<p>II. Dispatches of iron ore from Odisha rose by 4% to 70.87 MnT in CY\u201918 as against 67.94\u00a0MnT in CY\u201917. On monthly basis, this amount increased marginally to 6.44 MnT in Dec\u201918 from 6.24 MnT in previous month.<\/p>\n<p>III. Chairman of China Iron and Steel Association (CISA) stated that the China\u2019s steel industry should be optimistic about the domestic steel demand in 2019 due to increased infrastructure investment coupled with rebounded growth in ship manufacturing segment. He also added that the steel demand in machinery and home electric appliance segment will also remain stable in 2019.<\/p>\n<p>IV. Iran\u2019s finished long steel export soared by 122% to 1,491,000 MT during CY18 (JanDec\u201918) from 672,364 MT of export during CY\u201917. V. South Korea\u2019s flat steel exports experienced marginal decline of 3% in CY18 to 21.47 MnT from 22.19 MnT in CY17. On Y-o-Y basis its flat steel export volumes came down by 10% to 1.62 MnT in Dec\u201918 against 1.81 MnT in Dec\u201917.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Steel Sector News (Domestic and Global): I. India\u2019s ferrous scrap import has touched more than 1 year high in Nov\u201918. According to\u00a0published data, India imported 516,879 MT ferrous scrap in Nov\u201918 that stood 17%\u00a0higher from 442,304 MT recorded in Oct\u201918. II. Dispatches of iron ore from Odisha rose by 4% to 70.87 MnT in CY\u201918 [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":3699,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[5],"tags":[3268,3267],"class_list":["post-3698","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-markets","tag-mt-ferrous-scrap","tag-steel-sector-news-domestic-and-global"],"aioseo_notices":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.9 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>India\u2019s ferrous scrap import has touched more than 1 year high in Nov\u201918 - Finance Intellect<\/title>\n<meta name=\"description\" content=\"India\u2019s ferrous scrap import has touched more than 1 year high in Nov\u201918. According to\u00a0published data, India imported 516,879 MT ferrous scrap in Nov\u201918 that stood 17%\u00a0higher from 442,304 MT recorded in Oct\u201918.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/financeintellect.com\/home-page\/home\/indias-ferrous-scrap-import-has-touched-more-than-1-year-high-in-nov18\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"India\u2019s ferrous scrap import has touched more than 1 year high in Nov\u201918 - Finance Intellect\" \/>\n<meta property=\"og:description\" content=\"India\u2019s ferrous scrap import has touched more than 1 year high in Nov\u201918. 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