Gadchiroli pitched as Maharashtra’s future green steel hub India set to drive next global steel demand wave Italy crude steel output rises 3.1% in May Green steel progress remains slow worldwide
China's output of Pig iron and crude steel totalled 284.99 million metric tonnes (MMT) and 343.67 MMT, respectively, down 4.3% and 3.0% year on year during the Jan-Apr period of this year. Meanwhile, the total national ferrous scrap consumption amounted to 79.31 MMT, increasing by 1.7% year on year.
Consolidated scrap consumption reached 230.8 kg/mt, with an increase of 10.6 kg/mt, or 4.8%, compared to the same period last year. In particular, the scrap consumption via converters amounted to 184.5 kg/mt, increasing by 5.8% year on year, while scrap consumption via electric furnaces totalled 657.9 kg/mt, up 2.7% year on year.
Also Read : India's steel, aluminium exports to US likely to climb as China faces tariff barrier Stainless steel production surged by 4.6% y/y globally in 2023
Global production of direct reduced iron (DRI) reached 28.09 million tonnes (MT) in January–Ma...
Ferrous 29-Apr-2024
The government will begin the auction process for offshore mineral blocks in the next two-three mont...
Raw Material 16-Feb-2024
China has swiftly and significantly increased its dominance in the Indian steel import market, captu...
Business 02-Sep-2024
India's steel sector will likely see an investment of close to ₹ 30,000 crore and a boost in product...
Ferrous 31-Jul-2024
Chinese steel exporters are pausing fresh offers to Middle East buyers as disruption around th...
China 03-Mar-2026
Tata Steel grabbed market attention after a sharp spike in trading activity pushed the stock t...
Business 25-Feb-2026