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Saturday

IME Customers Purchased Sponge Iron

On Saturday, July 22, 2023, the IME's metals and minerals trading floor witnessed trade of 178,000 tonnes of sponge iron.
IME Customers Purchased Sponge Iron

According to a report by the IME's International Affairs and PR, there were 55,550 tonnes of CRS (for auto-makers & home appliance manufacturers), 41,470 tonnes of HRS, 4,500 tonnes of galvanized steel sheets for auto-makers, 3,470 tonnes of rebars, 3,036 tonnes of I-beams, 1,100 tonnes of steel blooms and 17 trucks traded on the same floor.

IME's oil and petrochemical trading floor was the next which saw trade of 6,000 tonnes of lube cut (light grade), 3,259 tonnes of polymeric products, 2,738 tonnes of chemicals, 2,000 tonnes of granular sulfur and 35 tonnes of bitumen.

Moreover, the IME sold 7,920 tonnes of cement in matching trading system.

Based on this report, the exchange saw trade 450,000 tonnes of iron ore lumps and 240 tonnes of polymeric MDI (PMDI) on its open auction trading floor.

It's worth noting that the IME's export ring played host to trade of 24,865 tonnes of bitumen and 1,000 tonnes of granular sulfur.

Last was the IME's side market which saw trade of 2,000 tonnes of alloy steel ingots, 1,500 tonnes of rebars (made of alloy steel) and 538 tonnes of coil rebars.

Author: IME International Affairs

ID: 50090263

Published on: Saturday, July 22, 2023 17:00

Source: IME PR

View count: 62

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