Breaking News

Govt Enforces ‘Melt and Pour’ Rule for All Steel in Public Projects Nippon Steel expected to finalize U.S. Steel acquisition at $55 per share NMDC Limited reports a 38% drop in Q4 FY24 consolidated net profit RINL to Raise $23 Million Through Land Sales Amid Crisis

Ferrous News

India plans to triple its capacity for steel production by 2047

India is looking to boost domestic steel production capacity threefold to 5...

10 Apr 2024 11:53 AM IST Ferrous

20 coal mines are planned to be set up by year's end

By year's end, twenty coal mines likely to be functional, as per the offici...

10 Apr 2024 11:00 AM IST Ferrous

Iron ore prices in 2024 will be at $99-100/t

Iron ore prices in 2024 will range between $99-100 per tonne. In the second...

08 Apr 2024 05:33 PM IST Ferrous

Steel imports soar: India becomes a net importer in FY24

India reversed a multi-year trend and became a net importer of steel in FY2...

08 Apr 2024 12:15 PM IST Ferrous

India's steel exports surge amidst dampened domestic demand during election season

India's steel exports are expected to continue rising in the current fiscal...

05 Apr 2024 04:21 PM IST Ferrous

CBAM will increase the export value of Chinese steel products by 4-6%

According to the China Iron and Steel Association (CISA), the European Cros...

05 Apr 2024 03:02 PM IST Ferrous

Global scrap prices dropped significantly in March

The prices of scrap declined significantly in most global markets in March...

04 Apr 2024 02:27 PM IST Ferrous

Chinese steelmakers urge authorities to limit steel production

15 major producers of long products in China are calling on the authorities...

03 Apr 2024 04:21 PM IST Ferrous

Iron ore prices dropped to an 11-month low in March

September futures for iron ore, the most traded on the Dalian Commodity Exc...

03 Apr 2024 12:05 PM IST Ferrous

Indian metal market shine after China manufacturing rebounds

China's industrial data boosted domestic metal stocks yesterday, with Hindu...

02 Apr 2024 03:00 PM IST Ferrous

Iron ore sinks to 10-month low on gloom over China construction

Iron ore fell to its lowest level in 10 months as the prolonged property cr...

01 Apr 2024 02:42 PM IST Ferrous

JSW Steel commissions hot strip mill with 5 MT capacity at Karnataka plant

JSW Steel has commissioned a hot strip mill at its integrated steel plant i...

01 Apr 2024 11:24 AM IST Ferrous

India lowers its steel trade deficit due to rising exports and steady imports

India's steel trade deficit decreased to ₹10,411 crore from April to Februa...

28 Mar 2024 11:43 AM IST Ferrous

Indian Steel Industry Grabs EU Market Share as Quotas Near Exhaustion

According to the European Commission, as the current quota period (January-...

27 Mar 2024 12:02 PM IST Ferrous

Miners urge govt not to impose export duty on low-grade ore

FIMI, Miner's body has recommended the government not to impose any export...

26 Mar 2024 11:19 AM IST Ferrous