Thu. Jun 30th, 2022

India Man Industries recently ordered 20,000 tons of API X70 steel plate from China. Press CFR to calculate with approximately $ 900 / ton.Man Industries, India are a leading pipe manufacturer that meets the US Petroleum Association (API) standard.It is understood that the company has a large number of orders that have not been shipped, and the market is expected to be completed in six months.

According to the data released by the Australian Hendlan Port Port Bureau, November 2021 is about 43.39 million tons, which is reduced by 3.31 million tons from 46.7 million tons in October 2021, down 7%..A increased by 41.63 million tons from the same period last year, an increase of 4% year-on-year.Among them, the amount of iron ore sent to China is approximately 36.49 million tons, which is 2.61 million tons from October 2021, down 7%.It increased by 2050,000 tons from 34.44 million tons from the same period last year, an increase of 6% year-on-year.

Recently, the Minister of India, Minister Ram Chandra Prasad Singh met with the Mongolian Parliamentary delegation to explore the possibility of importing high quality coking coal from Mongolia.The print is said that this will be an important step in the Indian steel industry to supply safety and stability in raw materials.About 85% of India’s coking coal coking coached coal is met by imports, and the Mongolia is one of the exports of coking coal exports.

 

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