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China's statistics bureau announced that China July crude steel output hit highest on record on monthly basis at 81.24 million tonnes or average daily quantity of 2.62 million tonnes (2.62x365=956)

Posted By : Sanju Moirangthem 1 day 18 hours 36 minutes ago
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Business Line reported that the Committee of Creditors will consider the revised bids for Bhushan Power and Steel on Tuesday as the deadline for three final bidders, JSW Steel, Tata Steel and Liberty House, to revise...

Posted By : Sanju Moirangthem 1 day 18 hours 33 minutes ago
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US Department of Commerce announced the affirmative final determinations in the antidumping duty (AD) and countervailing duty (CVD) investigations of imports of stainless steel flanges from India.

Posted By : Sanju Moirangthem 1 day 18 hours 25 minutes ago
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Reuters reported that Brazilian steelmaker Usinas Siderurgicas de Minas Gerais SA said on Monday that it expects blast furnace 3 at its Ipatinga plant to resume functioning on Wednesday, after an explosion at the...

Posted By : Sanju Moirangthem 1 day 18 hours 23 minutes ago
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Business Line reported that the Indian steel industry has urged the government to levy export duty of 40 per cent on graphite electrodes to improve domestic supply and bring down prices. The industry also wants the...

Posted By : Sanju Moirangthem 1 day 18 hours 19 minutes ago
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The Sun Daily reported that MIDF Research said that the Malaysian steel sector will be affected negatively in 2018 and 2019 due to the trade wars on the external front. It said “Changes in global trade policies, tepid...

Posted By : Sanju Moirangthem 1 day 18 hours 16 minutes ago
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PTI reported that the Steel Ministry has assured sponge iron producers that steps would be taken to address their concerns as the industry pitched for ensuring availability of non-coking coal and checking rising prices...

Posted By : Sanju Moirangthem 1 day 18 hours 14 minutes ago
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The stasis in the Indian sub-continent ship recycling markets continues, with no new sales to report and virtually no movement in prices. In fact, ever since levels declined by about USD 50/LDT during the second quarter...

Posted By : Nanda Koijam 1 day 18 hours 5 minutes ago
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Magnitogorsk Iron and Steel Works (MMK) has delivered a trial batch of metal products to Turkey along a railway route connecting Magnitogorsk, Baku, Tbilisi, and Kars.

Posted By : Nanda Koijam 1 day 18 hours 11 minutes ago
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The American Iron and Steel Institute reported that for the month of June 2018, US steel mills shipped 7,988,026 net tons, a 0.8 percent decrease from the 8,056,366 net tons shipped in the previous month, May 2018, and...

Posted By : Nanda Koijam 1 day 18 hours 14 minutes ago
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