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Ferrous News

India's steel manufacturing might face hurdles in its raw material supply

India's steel production may face headwinds for raw material supply amidst...

06 May 2024 03:49 PM IST Ferrous

China's steel sector now produces significant amount of electrical steel

Global decarbonisation is making electrical steel one of the main products...

03 May 2024 06:02 PM IST Ferrous

Low iron ore and high scrap prices to broaden Southeast Asia BF-EAF billets production costs in May

According to S&P Global Commodity Insights, cheaper iron ore and coking...

03 May 2024 04:54 PM IST Ferrous

Indian steel exports to Europe hit 5-year high in FY24 but cedes space in UAE, Vietnam to Chinese mills

Europe acquired 3.3 million tonnes (MT) of Indian steel exports in FY24, ri...

02 May 2024 05:34 PM IST Ferrous

Iron & steel stocks gain up to 11% on solid March quarter results

In Thursday's intra-day trade, shares of iron and steel companies, mainly f...

02 May 2024 03:51 PM IST Ferrous

China’s steel sector PMI drops to 47.9% in April

The China Steel Logistics Committee (CSLC), a division of the China Federat...

30 Apr 2024 02:35 PM IST Ferrous

NMDC raises iron ore prices

NMDC increased iron pricing by ₹400 per tonne for lump ore and ₹200 for fin...

30 Apr 2024 10:44 AM IST Ferrous

Global DRI production surged by 7.4% y/y in Q1

Global production of direct reduced iron (DRI) reached 28.09 million tonnes...

29 Apr 2024 03:13 PM IST Ferrous

Global DRI production dropped 4.8% in March

According to data released by the World Steel Association (Worldsteel), glo...

26 Apr 2024 04:04 PM IST Ferrous

Iron ore shipments expected to expand slower this year amid mixed signals from China

The reduction in Chinese steel production will slow the growth of iron ore...

24 Apr 2024 02:22 PM IST Ferrous

Pig iron production dropped 5% y/y in March globally

The total amount of pig iron produced globally in March 2024 was 118.27 mil...

24 Apr 2024 02:11 PM IST Ferrous

Asian markets project lower Q2 pricing for coking coal

There were indications of a downturn in prices when the seaborne coking coa...

24 Apr 2024 11:35 AM IST Ferrous

India's steel demand is expected to grow by 8-10% in FY25

Global steel prices, including those in India, will continue to be influenc...

24 Apr 2024 10:56 AM IST Ferrous

Global crude steel output down 4.3% in March

Global crude steel production fell 4.3% year on year in March to 161.2 mill...

23 Apr 2024 04:32 PM IST Ferrous

India and seven other WTO members slam EU and UK over steel duty

India, China, and Russia, together with five other World Trade Organisation...

23 Apr 2024 10:36 AM IST Ferrous