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Ferrous News

As India overtakes China in steel growth, environmental issues loom large

India has surpassed China as the world's leading steel developer, with a pi...

19 Jul 2024 11:41 AM IST Ferrous

Global demand for Indian iron-ore soars, driven by Chinese Appetite and duty removal

India's iron ore fines and lump exports reached a three-year high of 36.5 m...

18 Jul 2024 11:38 AM IST Ferrous

China's crude steel output fell in June from May, with H1 production down only 1.1%

China's National Bureau of Statistics (NBS) announced on July 15 that the c...

16 Jul 2024 03:37 PM IST Ferrous

Global stainless steel production output by 5.5% y/y in Q1

Global stainless steel output climbed by 5.5% in January-March 2024 compare...

15 Jul 2024 04:22 PM IST Ferrous

India moves from being a net exporter to a net importer of steel in Q1 FY25

India was a net importer of steel in Q1FY25 (April-June), with shipments ex...

15 Jul 2024 12:26 PM IST Ferrous

China's steel exports climbed by 24% y/y in Jan-Jun

The China Steel Association (CISA) claimed that Chinese steel companies inc...

12 Jul 2024 05:42 PM IST Ferrous

India plans to produce 152 MT of steel in FY2024–2025

India's steel production will increase by over 6% year on year to 152 milli...

12 Jul 2024 04:18 PM IST Ferrous

Outlook for iron ore prices in second half of the year will remain unchanged: Goldman Sachs

Goldman Sachs, a US-based investment banking firm, has maintained its iron...

11 Jul 2024 11:45 AM IST Ferrous

India's iron ore exports climb in April-June amid declining Chinese demand

India's iron ore exports increased by over 5% year on year to 10.25 million...

11 Jul 2024 10:57 AM IST Ferrous

India Stainless Steel Industry to Reach $31,905.2 mn by 2034, with a CAGR of 6.2%

India's stainless steel industry value is expected to rise from $17,452.5 m...

10 Jul 2024 11:00 AM IST Ferrous

Govt infra push steers steel demand to 221-275 MT by FY34: report

India's overall steel consumption is expected to expand at a CAGR of 5% to...

09 Jul 2024 02:40 PM IST Ferrous

Global iron ore shipments increased by 5% y/y in the first half of the year

Global iron ore shipments climbed by 5% to 751 million tonnes (MT) between...

05 Jul 2024 03:18 PM IST Ferrous

China's average steel prices fell marginally in late June

The average finished steel price in China decreased slightly over the June...

04 Jul 2024 04:45 PM IST Ferrous

India's iron ore exports climbed by 20% y/y in January-June

Indian mining companies increased their iron ore exports to 20.26 million t...

03 Jul 2024 03:00 PM IST Ferrous

NMDC cuts iron ore prices by ₹500 per tonne

NMDC has reduced iron pricing by ₹500 per tonne for lump ore and fines, eff...

02 Jul 2024 11:55 AM IST Ferrous