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's coking coal imports hit a record high, with Russia and US emerging as major suppliers

India's coking coal imports reached a five-year high of 47.97 million tonne...

21 Feb 2024 10:58 AM IST Ferrous

Kumba Iron Ore to cut 490 jobs as rail crisis hits output, shares slump

Shares plummeted more than 5% after it revealed plans to slash approximatel...

20 Feb 2024 06:16 PM IST Ferrous

Indian steel exports at high risk from Europe's new carbon tax: Goldman Sachs

According to an analysis by analysts led by Emma Jones, there might be an e...

15 Feb 2024 10:12 AM IST Ferrous

Steel prices rangebound in India amidst increasing import worries

In February, India's steel mills continue raising prices despite robust dom...

14 Feb 2024 02:57 PM IST Ferrous

Fresh quality control order issued on 145 steel products

The Centre has released a new quality control procedure for 145 steel produ...

13 Feb 2024 09:31 AM IST Ferrous

POSCO begins construction of electric arc furnace at Gwangyang plant

POSCO, a South Korean steelmaker has started construction of a 2.5 million...

08 Feb 2024 11:32 AM IST Ferrous

CISA mills’ daily steel output fell 3.69% in late January

According to the China Iron and Steel Association (CISA), as of late Januar...

07 Feb 2024 05:10 PM IST Ferrous

UK decreased steel production by 6.5% y/y in 2023

UK steelmakers decreased steel production by 6.5% in 2023 compared to 2022,...

07 Feb 2024 03:45 PM IST Ferrous

Iron ore prices dropped after 4 months of growth in Jan

For the duration of January 30 - February 6, 2024, May futures for iron ore...

07 Feb 2024 03:18 PM IST Ferrous

India’s Welspun Corp posts skyrocketing Q3 profit on strong demand

Indian steel pipes maker Welspun Corp reported an over twelve-fold jump in...

06 Feb 2024 04:09 PM IST Ferrous

India’s coking coal port traffic up 11% in April-Jan

India's coal imports through all major ports in the country were provisiona...

06 Feb 2024 02:54 PM IST Ferrous

US Steel raised steel shipments by 3.8% y/y in 2023

US Steel Corporation, one of the largest steel producers in the United Stat...

06 Feb 2024 11:38 AM IST Ferrous

EU starts a new initiative to recycle steel by-products

The EU has started a new project, ZHyRON, which involves the introduction o...

06 Feb 2024 11:04 AM IST Ferrous

CBAM & EU safeguard measures complicate the activities of steel sector

The carbon border adjustment mechanism (CBAM) regulations and import safegu...

02 Feb 2024 05:30 PM IST Ferrous

India’s NMDC Limited sees iron ore output up 8% in Jan

According to a company statement, the Indian government-run miner, NMDC Lim...

02 Feb 2024 03:18 PM IST Ferrous