Metaljunction

The European Union lodged a complaint at the World Trade Organization on Thursday against China's imposition of anti-dumping duties on imports of stainless steel tubes, six months after Japan filed a similar ca

Steel mills like ArcelorMittal's 1,200-acre complex here on the French coast are forbidding places, full of incandescent metal and groaning machinery. But longtime industry executives like Henri-Pierre Orsoni,

US shredded steel scrap prices drove MetalMiner's monthly Raw Steels MMI® down to 85 in March, a decrease of 2.3 percent from 87 in February. Although steel prices have risen since June 2013, during the end

The country's top producer of H-beams- Tokyo Steel has again announced cut of 2,000 Yen /ton in scrap purchasing prices effective March 10th, 2014 at the Utsunomiya works. The H2 scrap prices have seen continuo

In January this year exports of iron and steel scrap from the US amounted to 898,998 mt, down 41.40 percent compared to January 2013. Source: Steelorbis

It's reported that South Korean Hyundai Steel purchased around 10,000 tons of A3 scraps from Russia with prices of USD 355 per tonneon C&F for April shipment. Russia's suppliers are not in a rush to sell at lo

The price of iron ore, China's biggest import commodity by volume, has lost 6 percent since mid-February as benchmark 62% grade iron ore for immediate delivery to China fell to $116.80 a metric ton just last we

According to The Steel Index, the sliding price of iron ore has delivered a bear market -- technically speaking, with its price sliding 8.3% to commence the week. A decline of 20% from a recent peak is good eno

From Goldman Sachs, here is a nice summary of the unwind we are seeing in the iron ore price owing to liquidating port stocks: Traders and small mills lie behind the inventory puzzle In principle, a combinati

Tata Steel's managing director for India and Southeast Asia, TV Narendran, doesn't expect its Rs 40,000-crore factory coming up at Odisha's Kalinganagar to face any raw-material problems that have been posing a

Steel demand in India is expected to remain high, derived by strong fundamentals and the sector is expected to see an investment to the tune of about Rs two lakh crore in coming years, domestic giant Tata Steel

With around 50 per cent capacity increase in the offing, India's steel industry is likely to face a temporary over-supply situation, SAIL Chairman C S Verma said. "Substantial capacity additions are lined up

Commerce and Industry Minister Anand Sharma today made a case for enhancing exports of iron ore pellets to further reduce the country's current account deficit. "You (industry) have to built the capacities. Th

The benchmark import price of 62% iron ore fines at China's Tianjin port on Friday dropped $2.70 or 2.3% to $114.20 a tonne. It was the worst one-day decline since mid-August when the steelmaking raw material

Markets are not enjoying the China data. From the SMH blog: Shanghai copper has dropped by its 5 per cent daily limit to its lowest in more than four years after weak Chinese trade data fanned concerns over it

In paper markets, 12 month swaps smashed any support level and are in free-fall. Dalian futures opened limit-down before rallying to still sharp losses. Rebar futures did likewise. In physical markets, iron or

In a major boost to the prospects of raw material security of Tata Steel's United Kingdom-based subsidiary Tata Steel Europe, the company has seen its reserves in its prolific Canadian iron ore mine rising by o

Business Standard reported that Odisha Mining Corporation is hopeful of Union Ministry of Environment and Forest granting the final forest clearance for its largest iron ore mine at Daitari by the end of March

The government has decided to give firms, including JSPL and Tata Steel, more time to seek clearances from Environment Ministry and furnish proof on the same to Coal Ministry by December 1, failing which their

CHINA'S iron ore imports have soared in the past month, in a windfall for the Australian economy. Trade figures released today by the National Bureau of Customs showed Chinese exports crashed by 18.1 per c