China's Steel Exports Reach Record High in 2024 | BigMint Explains China's steel exports surged to a record high of 110.7 million tonnes in 2024, a 23% year-over-year increase. This surge is attributed to a combination of factors, including sluggish domestic demand in China, particularly in the construction sector, and aggressive export strategies by Chinese steelmakers. This development has significant implications for the global steel market, potentially intensifying competition for steel producers in other countries. This video provides a deeper look into the factors driving China's steel export surge and its potential impact on the global steel market.
BigMint (formerly SteelMint/CoalMint)
Market Research
Raipur, Chhattisgarh 22,396 followers
BigMint is trusted platform for price reporting, market-intelligence & consulting for commodities.
About us
BigMint is a trusted platform for price reporting, market-intelligence & consulting for commodities.
- Website
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http://www.bigmint.co
External link for BigMint (formerly SteelMint/CoalMint)
- Industry
- Market Research
- Company size
- 51-200 employees
- Headquarters
- Raipur, Chhattisgarh
- Type
- Partnership
- Founded
- 2009
- Specialties
- Steel research reports, Steel semi-finished and finished product prices, Iron ore domestic and international prices, and Railway Freight and Cargo information
Locations
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Primary
301, 3rd Floor, Jeevan Parisar
Rajeev Nagar
Raipur, Chhattisgarh 492007, IN
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5th Floor, Vishvakarma Building,
86, Topsia Road, South-West Block
Kolkata, West Bengal 700046, IN
Employees at BigMint (formerly SteelMint/CoalMint)
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Dhruv Goel
BigMint Technologies Pvt Ltd
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Dhruv Goel
Partner at SteelMint Info Services LLP
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Sumit Agrawal
Director, BigMint Technologies Pvt Ltd (Formerly SteelMint/CoalMint)
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Saurabh Bihani
Flat Steel Analyst | Uncovering Market Insights & Trends | Precise Price Reporting | Nurturing Key Industry Relationships | Key Account Management…
Updates
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India’s mounting #steelimports were amongst the major challenges faced by the #steelindustry last year. The country ended the year 2024 as a net steel importer with volumes touching 9.22 mnt against exports of 7.60 mnt. Korea and China topped the charts. Imports comprise 8-12% of India’s total production. Read Now:- https://lnkd.in/dX49ujxk
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How Trump's Presidency Could Transform the Global Steel Industry: A Deep Dive | BigMint Explains This video explores the potential impact of Donald Trump's return as the 47th U.S. President on global geopolitics and the steel industry. From rising tariffs to the implications of the Russia-Ukraine war, we analyze how Trump’s policies could shape steel markets, influence global demand-supply dynamics, and affect India's market strategy. Join us as we delve deep to examine how Trump's presidency may redefine the steel industry's future and global economies.
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🚀 India Steel 2025 – 6th International Exhibition & Conference 📅 24-26 April 2025 | 📍 Mumbai Exhibition Centre BigMint is delighted to join as the Media Partner for India’s leading steel industry event! This platform will bring together global leaders to discuss trends, innovations, and growth opportunities in the Indian steel sector. Key highlights: 💡 Insights on mining, logistics, and technological advancements 🌏 Focus on Make in India, Smart Cities & water management 🤝 Networking with decision-makers, investors, and industry visionaries Who’s attending? Steel producers, policy-makers, researchers, infrastructure developers & more! 📧 Yashika Agrawal | yashika@bigmint.co | 📞 +91 9993903483 Explore more: https://lnkd.in/dA8i58dA Be part of the discussions shaping the future of steel. See you in Mumbai!
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BigMint's India Steel Composite Index slipped 0.2% w-o-w on 17 January 2025 as the market faced another listless week, marked by persistent dull demand. Buyers rejected price hikes, while both HRC and rebar tags trended down. What factors impacted prices last week and How will prices behave in the short term? Learn Now :- https://lnkd.in/dyb8ut27
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BigMint (formerly SteelMint/CoalMint) reposted this
𝐃𝐨 𝐲𝐨𝐮 𝐰𝐚𝐧𝐭 𝐭𝐨 𝐢𝐧𝐜𝐫𝐞𝐚𝐬𝐞 𝐲𝐨𝐮𝐫 𝐜𝐚𝐬𝐡 𝐯𝐚𝐥𝐮𝐞, 𝐨𝐫 𝐲𝐨𝐮𝐫 𝐦𝐚𝐫𝐤𝐞𝐭 𝐯𝐚𝐥𝐮𝐞? SARDA ENERGY & MINERALS LIMITED (SEML) is a company we truly admire for its exceptional corporate culture, professionalism, and governance. Based in Raipur, SEML is a leader in India’s steel and ferro alloys industry. Beyond their core business, SEML operates a dairy venture—not for profit, but as a way to give back to the community. I’ve had the privilege of meeting Shri Kamal Sarda Ji, the Chairman of Sarda Energy and Mineral Ltd, multiple times in recent months. One of the most impactful lessons he shared was: “𝑇ℎ𝑒 𝑚𝑎𝑟𝑘𝑒𝑡 𝑣𝑎𝑙𝑢𝑒𝑠 𝑐𝑜𝑚𝑝𝑎𝑛𝑖𝑒𝑠 𝑤𝑖𝑡ℎ 𝑠𝑡𝑟𝑜𝑛𝑔 𝑐𝑜𝑟𝑝𝑜𝑟𝑎𝑡𝑒 𝑔𝑜𝑣𝑒𝑟𝑛𝑎𝑛𝑐𝑒. 𝐼𝑡’𝑠 𝑢𝑝 𝑡𝑜 𝑦𝑜𝑢-𝑑𝑜 𝑦𝑜𝑢 𝑤𝑎𝑛𝑡 𝑡𝑜 𝑖𝑛𝑐𝑟𝑒𝑎𝑠𝑒 𝑦𝑜𝑢𝑟 𝑐𝑎𝑠ℎ 𝑣𝑎𝑙𝑢𝑒, 𝑜𝑟 𝑦𝑜𝑢𝑟 𝑚𝑎𝑟𝑘𝑒𝑡 𝑣𝑎𝑙𝑢𝑒?” At BigMint, this philosophy deeply resonates with us. Inspired by it, we adopted the policy of being “𝑝𝑟𝑖𝑣𝑎𝑡𝑒𝑙𝑦 ℎ𝑒𝑙𝑑, 𝑝𝑢𝑏𝑙𝑖𝑐𝑙𝑦 𝑟𝑒𝑠𝑝𝑜𝑛𝑠𝑖𝑏𝑙𝑒.” Though we are a private limited company, we strive to think and operate like a public limited company-adhering to all norms and compliance standards. One of our key performance indicators (KPIs) is ensuring 100% compliance and transparency with all our stakeholders-including employees. Accountability is embedded in our culture, with defined KPIs for everyone, including the CEO and top management. Every quarter and year, we present a “report card” to openly share our progress. This approach has fostered trust within our team and strengthened our relationships with stakeholders. It serves as a constant reminder that true success isn’t just about profits - it’s about building a sustainable and credible legacy. 𝐖𝐡𝐚𝐭 𝐝𝐨 𝐲𝐨𝐮 𝐩𝐫𝐢𝐨𝐫𝐢𝐭𝐢𝐳𝐞 𝐢𝐧 𝐲𝐨𝐮𝐫 𝐨𝐫𝐠𝐚𝐧𝐢𝐳𝐚𝐭𝐢𝐨𝐧-𝐜𝐚𝐬𝐡 𝐯𝐚𝐥𝐮𝐞 𝐨𝐫 𝐦𝐚𝐫𝐤𝐞𝐭 𝐯𝐚𝐥𝐮𝐞? 𝐒𝐡𝐚𝐫𝐞 𝐲𝐨𝐮𝐫 𝐭𝐡𝐨𝐮𝐠𝐡𝐭𝐬 𝐛𝐞𝐥𝐨𝐰!
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Our Annual sports day wasn't just about who won. It showed us the true power of teamwork. From the joyful childlike fun to the seriousness of athletes, We saw moments of unexpected wins and strength of teamwork. It was a day filled with memories that will last a lifetime. Here are some glimpse of this fulfilled annual sports day at BigMint.
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Steel Product Quality Must Not Be Compromised: Naveen Jindal Join us for insights from Naveen Jindal, Member of Parliament and Chairman of Jindal Steel & Power Ltd. at the All India Steel Conclave 2.0: Shaping the Future of Steel. He emphasizes the need for high-quality steel production, stating, "If quality steel comes with a little more cost, so be it” while expressing concerns over steelmakers exceeding Sulphur and Phosphorus limits. Discover his views on why steel product quality should never be compromised.
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Although renewable energy has been identified as a key steel industry decarbonisation lever by the government, there are many challenges associated with adoption of renewable power – most importantly, high costs and regulatory bottlenecks. Renewable energy penetration in the steel sector is abysmally low at present. How can penetration be increased in the coming years? Will declining costs encourage wider adoption? For a detailed lowdown, read today’s Morning Brief https://lnkd.in/dcW_N27f
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Global ship #recycling tonnage fell 20% y-o-y in 2024, with key South Asian markets bearing the brunt of high inflation, record high steel imports and currency devaluations. Will the market remain in troubled waters in CY’25, with the Hong Kong Convention coming into effect after June? Read now:- https://lnkd.in/dvxqhgx4