Breaking News

JSW Steel rises 2% on gas supply worries HSBC raises Tata Steel target to ₹250 British Steel to supply 120,000 mt billet to Nigeria ₹3,200 crore Tata Steel EAF starts in Ludhiana

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