Maharashtra clears 937 hectares for Gadchiroli steel expansion Steel stock surges 29% in just two days Steel output rises 14% to 9.25 MT Infrastructure boom fuels India’s steel consumption
According to the National Bureau of Statistics of China, the average price of 16–25 MM HRB 400 REBAR in China increased by ¥44.9/MT ($6.3/MT) or 1.2% this year to ¥3,744.6/MT ($527/MT) when compared to the price in mid-May (May 11–20).
Hot rolled coil (HRC), wire rod, medium plate, seamless steel pipes, and angles all saw increases in average prices for the specified period of time of 1.3%, 0.6%, 0.9%, 0.5%, and 0.8%, respectively, over mid-May.
Also Read : China imports of iron ore likely at peak, demand composition to shift Arcelor Mittal to establish single largest steel site in Hazira: Laksmi Mittal
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