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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

Global steel output up by 3.7% in February

Global crude steel output increased by 3.7% to 148.8 MT in February 2024, c...

26 Mar 2024 10:41 AM IST Ferrous

Emissions in China’s steel industry up 13% y/y in Jan-Feb

In China’s steel industry the total emissions in January-February 202...

22 Mar 2024 04:26 PM IST Ferrous

Coal shortage hits Vizag Steel plant

The Vizag Steel Plant is facing financial troubles and a serious coal short...

22 Mar 2024 11:55 AM IST Ferrous

NMDC cuts iron ore lump rates by ₹200/tonne and fines by ₹250/tonne

The iron ore and fines prices have been reduced by ₹200 and ₹250 per tonne,...

21 Mar 2024 03:01 PM IST Ferrous

India's sponge iron manufacturers seek levies to reduce iron ore exports

Indian sponge iron manufacturers have urged the government to put tariffs o...

20 Mar 2024 03:33 PM IST Ferrous

Global coking coal prices decline significantly in March

Australian coking coal quotations (FOB Australia) declined by 11.7% over tw...

20 Mar 2024 12:23 PM IST Ferrous

Muted Chinese steel output may allow domestic companies to sell more in Indian market

On Monday, the equities of domestic steel businesses experienced an almost...

19 Mar 2024 05:29 PM IST Ferrous

Global steel capacity to surge by 124 MT in next two years

According to the Organisation for Economic Cooperation and Development (OEC...

19 Mar 2024 12:28 PM IST Ferrous

China Jan-Feb crude steel output surprises with 1.6 % surge on year

China's crude steel output climbed 1.6% in the first two months of 2024 fro...

18 Mar 2024 10:50 AM IST Ferrous

Iron ore set for $100 test after slump on China demand fears

Iron ore futures fell as China's economic expectations impacted the steelma...

14 Mar 2024 02:32 PM IST Ferrous

India begins auction process for Dugda Coal Washery, targeting steel producers

The Ministry of Coal has begun the monetisation process for Bharat Coking C...

14 Mar 2024 11:20 AM IST Ferrous

PM Modi lays foundation stone of India's first commercial semiconductor fabrication facility

Prime Minister Modi laid the groundwork for Tata-Powerchip Semiconductor Ma...

13 Mar 2024 12:32 PM IST Ferrous

Alloy steel manufacturers demand more goods in PLI 2.0 and export parity

Alloy steel producers have requested that the Steel Ministry expand the PLI...

13 Mar 2024 10:54 AM IST Ferrous

Ore shortage hits steel production, says sponge iron industry, seeks export ban

Domestic sponge iron manufacturers are concerned that a persistent iron ore...

12 Mar 2024 11:07 AM IST Ferrous

Indian steel industry may benefit from lowest iron ore prices since August

Iron ore futures may fall further than the nearly seven-month low reached o...

11 Mar 2024 05:12 PM IST Ferrous