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 import traffic jumps 3.21% in April-May

According to data sourced from the Indian Ports Association (IPA), India's...

06 Jun 2024 12:48 PM IST Ferrous

Iron ore extends its slump on falling China steel demand, bets on excess supply

Iron ore futures prices fell for the fifth consecutive session on Wednesday...

05 Jun 2024 12:29 PM IST Ferrous

Cheap Vietnamese steel imports start their ascent in Indian domestic market

Domestic manufacturers of the alloy will continue to suffer from steel impo...

04 Jun 2024 04:47 PM IST Ferrous

Local Chinese rebar prices rose 1.2% in late May

According to the National Bureau of Statistics of China, the average price...

04 Jun 2024 03:00 PM IST Ferrous

Metallurgical coke curbs: Commerce dept, SteelMin battle over import quotas

The Department of Commerce and the Ministry of Steel continue to be in disa...

04 Jun 2024 12:16 PM IST Ferrous

ICRA revises growth rate of domestic steel consumption to 9–10% for FY25

According to the Credit rating agency ICRA it has updated its 2024-25 (FY25...

03 Jun 2024 04:52 PM IST Ferrous

Iron Ore Drops to Lowest Level in Six Weeks Amid Fears Over China Demand

Iron ore fell to its lowest level in more than six weeks, owing to concerns...

03 Jun 2024 02:37 PM IST Ferrous

Pricey ore, tepid local demand, Chinese imports weigh on steelmakers' margins

In order to receive protection in the form of higher import duties, domesti...

31 May 2024 04:30 PM IST Ferrous

EU to extend safeguard measures on steel imports for another 2 years

The World Trade Organisation has been officially informed by the European U...

31 May 2024 03:47 PM IST Ferrous

Global HRC prices fall amid weak demand

Prices for hot-rolled coils (HRC) declined in most major markets in May 202...

30 May 2024 12:48 PM IST Ferrous

Global scrap prices remained relatively stable in May

In May, global scrap prices remained mostly unchanged in most of the world'...

29 May 2024 02:49 PM IST Ferrous

Chinese steel sector reduced revenue by 4.2% y/y in Jan-April

Revenue in China’s steel sector fell by 4.2% compared to the same per...

29 May 2024 10:45 AM IST Ferrous

Vietnamese steel and other imports stuck due to India's quality checks

More than two dozen Vietnamese businesses have been awaiting certification...

28 May 2024 12:17 PM IST Ferrous

Prices of iron ore lack conviction despite China stimulus moves

Despite China's recent efforts to support its struggling property sector, t...

28 May 2024 11:17 AM IST Ferrous

Potential impact of 2024 elections on India's top steel, metals markets

India's ambitious economic plans, which include ongoing infrastructure proj...

27 May 2024 03:05 PM IST Ferrous