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Ferrous News

Growth in mining sector: Iron ore production hits 275 MMT, limestone at 450 MMT in FY24

India's production of critical minerals has increased significantly, with i...

01 Jul 2024 12:28 PM IST Ferrous

India's steel, trade ministries are in dialogue over upsurge in Chinese imports

India's steel and trade ministries are in talks about increased imports, no...

01 Jul 2024 10:35 AM IST Ferrous

India's steel trade deficit grew to $516 million in April-May

India's trade deficit in steel in value terms increased to $516 million in...

28 Jun 2024 11:02 AM IST Ferrous

Global scrap prices fluctuate in June amid steel market uncertainty

Global scrap prices fluctuated under the influence of uncertain steel marke...

27 Jun 2024 12:36 PM IST Ferrous

India's trade imbalance in steel climbs as Chinese imports spike, exports drop

India's steel trade deficit has increased to ₹4,284 crore in the first two...

27 Jun 2024 11:12 AM IST Ferrous

Indian steel spreads will decrease in the June quarter, with a boost for pellet makers: InCred

InCred, an analyst organisation, predicts that domestic steel spreads in In...

26 Jun 2024 03:11 PM IST Ferrous

India to construct nine coal-washing plants to boost supplies to steel sector

Government-run coal India Limited (CIL) announced plans to construct and op...

26 Jun 2024 11:39 AM IST Ferrous

Weak steel demand in China further drags down iron ore prices

Iron ore futures prices fell for the fourth week in a row, weighed down by...

26 Jun 2024 11:01 AM IST Ferrous

Indian imports of Russian coal decline, US shipments rise

Indian imports of Russian coal have decreased while US shipments have surge...

25 Jun 2024 01:08 PM IST Ferrous

Indian steel exports struggle to compete with China's low-cost shipments

Indian steel exports are suffering and will likely face further hurdles as...

25 Jun 2024 10:46 AM IST Ferrous

Domestic demand for steel soars in India, country turns net importer in FY24: CRISIL Report

According to a CRISIL analysis, India will be a net importer of steel in fi...

21 Jun 2024 10:57 AM IST Ferrous

Fitch Ratings' prediction for iron ore and coking coal prices remains unchanged

Fitch Ratings, an international credit rating agency, has announced that it...

20 Jun 2024 06:13 PM IST Ferrous

Iron ore battles for direction as the threat of China cutting steel output looms

Iron ore futures trimmed early gains on Wednesday, struggling to find a cle...

20 Jun 2024 02:29 PM IST Ferrous

Steel & lithium ion batteries are set to contribute more significantly in 2027

ED of lead products manufacturer Gravita India, Navin Prakash Sharma, predi...

19 Jun 2024 12:45 PM IST Ferrous

India, EU fail to agree on compensation for steel safeguard duties

The European Union and India have been unable to reach a consensus at the W...

18 Jun 2024 10:48 AM IST Ferrous