Steel traditionally found use in heavy industries like construction, railways, shipping and many others where scope for value addition was limited. Thus, it attracted competition and kept pressure on the
Analysts expect a robust second half for domestic steel companies on account of supply cuts imposed by the Chinese government beginning November 15 on its key steel producing provinces (forming 50 per ce
Chinese steel futures dropped nearly 3 percent on Wednesday after recent sharp gains that lifted prices to their strongest level in three months, although firm demand and tight supply kept investor senti
The domestic steel demand is expected to improve, while production growth is expected to revive on the back of a likely pickup in demand and favourable international steel prices in the near term, a repo
Japan, the U.S. and Europe will push China for more action to combat the global steel glut when ministers from 33 countries and territories meet Thursday in Berlin to forge an agreement on the oversupply
The iron ore stock position of the Rashtriya Ispat Nigam Limited, the corporate entity of the Visakhapatnam Steel Plant, continues to be critical with no improvement in the supply of the raw material from
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