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Cleveland-Cliffs Inc has entered into a definitive agreement with ArcelorMittal, pursuant to which Cleveland-Cliffs will acquire substantially all of the operations of ArcelorMittal USA LLC and its subsidiaries for...
Indian government has now made it mandatory for traders to register themselves with the Steel Import Monitoring System to import all iron and steel products as also certain railways related items, a move aimed at...
ArcelorMittal Zenica has marked the completion of two major environmental investments that will contribute to improved air quality, in a ceremony attended by senior representatives from the Federal, Cantonal and City of...
With the aim to improve the CO2 balance of their steel plant operations located at Duisburg Huckingen in the Ruhr region in Germany, Hüttenwerke Krupp Mannesmann GmbH has chosen Paul Wurth SA for engineering and...
One of the major steel producers in South Africa Scaw Metals Group recently awarded Danieli Service with a new contract for a main revamping of the wirerod line in Johannesburg, in operation since 1997. The project has...
Severstal, one of the world's leading vertically integrated steel and mining companies, has patented a technology for the production of an innovative carbon-containing product. It is used as fuel for blast furnaces at...
The second phase of steelmaking of SKS, funded with an investment of 311 million Euros by the Mostazafan Foundation in the Persian Gulf Special Economic Zone in Bandar Abbas, started operation on Saturday. The CEO of...
New Indian Express reported that the Delhi High Court stayed the order of the Centre directing the Odisha Government to to Sarada Mines Private Limited, the lease holder of Thakurani iron ore block in Joda mining circle...
Moody's Investors Service has placed all ratings of Cleveland-Cliffs Inc, including the B1 Corporate Family Rating and the B1-PD Probability of Default Rating under review for downgrade. The SGL-2 Speculative Grade...
Based on preliminary Census Bureau data, the American Iron and Steel Institute reported today that the US imported a total of 1,300,000 net tons of steel in August 2020, including 1,188,000 net tons of finished steel...
The Appointments Committee of the Cabinet has approved the restructuring of the Board of Steel Authority of India Ltd. The 4 posts of the Chief Executive Officers of Integrated Steel Plants of SAIL are to be elevated as...
National High Speed Rail Corporation Limited announced that technical bids for the design and construction of 237 km length of mainline for Mumbai- Ahmedabad High Speed Rail corridor were opened last week. Total of...
Financial Express reported that India’s steel ministry has proposed incentives worth INR 3,346 crore to boost domestic production of various grades of the steel that are largely imported, to meet a local shortfall. As...
National High Speed Rail Corporation has opened technical bids for two packages for Mumbai Ahmedabad High Speed Rail Corridor
(1) Procurement and Fabrication of 28 steel bridges for crossing over railway lines,...
Latin American steel association Alacero announced that the main economies are experiencing a recession while trade tensions between the world's greatest powers may be heading towards a different stage of the economic...
Eni's environmental company and centre of excellence for environmental recovery and circular use of natural resources Eni Rewind has expanded the scope of its activities beyond the group with the appointment by...
On September 22, 2020, Hebei Iron & Steel and Danieli & C SpA signed a commercial and technological cooperation agreement that will enable both Companies to work on developing new technologies to produce steel in a more...
On September 22, 2020, Hebei Iron & Steel and Danieli & C SpA signed a commercial and technological cooperation agreement that will enable both Companies to work on developing new technologies to produce steel in a more...
LLC Allegro, the joint venture of EVRAZ and Rail Service Industrial Group established to set up a railway wheels manufacturing facility, signed equipment delivery contract with ANDRITZ, an international technology...
Mechel Group’s steel trade company Mechel Service supplied over 5,000 tonnes of steel rolls since the beginning of this year for construction of two stadiums in Novosibirsk and Omsk for the upcoming Ice Hockey World...
Metalloinvest’s OEMK is completing the pilot operation of an automated system for recognising markings on cast billets at Rolling Mill #1. The idea for the project was developed by OEMK employees during an innovation...
World crude steel production for the 64 countries reporting to the World Steel Association was 156.2 million tonnes in August 2020, a 0.6% increase compared to August 2019. China produced 94.8 million tonnes of crude...
VN Express reported that according to Vietnam Customs, Vietnam’s steel exports to China surged 19 times to 2.07 million tonnes between January and August on the strength of rising demand in a recovering economy. This...
Freepress Journal reported that the Delhi High Court has sought a response from the Centre and others on a petition filed by ex-Chairman of Bhushan Power and Steel Ltd Mr Sanjay Singal challenging the provisions of...
UPI reported that Japan's newly appointed chief cabinet secretary Mr Katsunobu Kato warned against the liquidation of assets belonging to Japan's Nippon Steel and Sumitomo Metal Corp in South Korea, where a court last...
| USD | Value | DoD | WoW | MoM | QoQ | YoY |
|---|---|---|---|---|---|---|
| USD | 1.000 | 0.000 | 0.000 | 0.000 | 0.000 | 0.000 |
| AUD | 1.405 | -0.007 | 0.032 | 0.017 | -0.036 | -0.075 |
| BRL | 5.633 | -0.029 | 0.244 | 0.075 | 0.482 | 1.476 |
| CAD | 1.341 | 0.003 | 0.018 | 0.024 | -0.014 | 0.017 |
| CNY | 6.813 | -0.012 | 0.039 | -0.095 | -0.254 | -0.312 |
| EUR | 0.852 | -0.005 | 0.006 | 0.010 | -0.031 | -0.062 |
| GBP | 0.779 | -0.001 | 0.001 | 0.024 | -0.021 | -0.034 |
| INR | 73.786 | -0.055 | 0.373 | -1.150 | -1.907 | 3.162 |
| JPY | 105.508 | -0.123 | 1.437 | -0.092 | -1.069 | -2.331 |
| RUB | 79.074 | 0.013 | 2.737 | 5.172 | 10.285 | 14.462 |
| ZAR | 16.968 | -0.116 | 0.448 | -0.259 | -0.280 | 1.830 |
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