Chinese iron ore futures fell for a fourth consecutive session, down more than 5% to their lowest level in nearly three weeks, on prospects of more imports of the steelmaking ingredient and as demand eas
The world produces more than 1.8 billion tons of steel a year, releasing nearly twice that weight in carbon dioxide into the atmosphere. Indeed, steel production accounts for somewhere between 7-8 percent
Flat steel imports by Brazilian clients grew 118.1% in June, compared to the same period last year, adding up to 225,970 tons. In the semester, 944,390 tons were imported, a 103.8% increase. The data was r
Japanese engineering firm JFE Engineering has taken a final investment decision to build a plant to manufacture offshore monopile foundations, targeting to tap potential demand from domestic offshore win
Global ferrous scrap prices, including in India, remain comparatively weak to iron ore, as the London Metal Exchange launches India scrap futures, allowing increased risk management with iron ore, scrap,
Chinese steel futures were range-bound on Monday amid concerns of supply crunch as top steel producer China stepped up production curbs, while Beijing vowed to continue monitor commodity market had put a
The up-cycle witnessed in steel prices over the last one year is likely to show some respite now, largely on account of the improving supply-side situation, CARE Ratings has said, though it is unlikely t
India can fulfill its 50 percent requirement of coking coal from imports from Russia, a top industry executive has said. On Wednesday, the Union Cabinet chaired by Prime Minister Narendra Modi approved a
Shanghai steel rebar and hot-rolled coils futures rose on Monday amid concerns of supply crunch as top steel producer China stepped up production curbs, while utilisation rates of blast furnaces at key s
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