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Trade of Steel Blooms on IME

On Monday, July 31, 2023, the IME witnessed trade of 158,740 tonnes of steel blooms on its metals and minerals trading floor.
Trade of Steel Blooms on IME

According to a report by the IME's International Affairs and PR, there were 10,500 tonnes of sponge iron, 4,000 tonnes of rebars, 1,950 tonnes of CRS, 1,050 tonnes of galvanized steel sheets and 75 tonnes of aluminum hydroxide on the same floor.

Also, the IME sold 122,432 tonnes of cement on its cement trading floor.

Based on this report, IME's oil and petrochemical trading floor saw trade of 25,839 tonnes of polymeric products, 3,294 tonnes of base oil, 110 tonnes of granular sulfur, 35 tonnes of bitumen and 10 tonnes of paraffin wax (heavy grade).

IME's open auction trading floor was the next which saw trade of 253,000 tonnes of PVC.

It's worth noting that the IME's export ring played host to trade of 44,500 tonnes of bitumen.

Last but not least was the IME's side market with 40,000 tonnes of barite lumps, 1,000 tonnes of steel blooms, 250 tonnes of butadiene, 200 tonnes of heavy oil, 159 tonnes of printing & writing papers and 7 tonnes of bulk continuous filament (BCF) traded on it.

Author: IME International Affairs

ID: 50090324

Published on: Monday, July 31, 2023 18:00

Source: IME PR

View count: 56

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