Capacity utilisation of domestic steel industry is expected to pick up by about 5% in the current financial year on the back of protective measures laid down for producers to shield them from cheap imports and also because of a likely rise in demand for the co...

[www.ferro-alloys.com]Cashed-up Chinese steel mills are chasing top quality iron ore to help increase output and meet Beijing’s tougher environmental standards, driving the premium for high-grade ore to its biggest in two years.

The MEPS world average stainless steel price is expected to extend its slow recovery due to rising raw material costs and local supply tightness in several regions. The world average price for 304 cold rolled coil increased, marginally, this month, to a figure...

JSE-listed Chrometco has entered into conditional agreements with commodity trading company Sail Minerals that will result in Sail acquiring just less than 90% of Chrometco.

Korea Herald reported that POSCO is striving to be the world’s leading supplier for automotive steel plates for car producers as automotive steel has become increasingly important with fast growing opportunity. As results, POSCO has finished the construction ...

The domestic steel product orders in Japan recorded marginal decline during the first half of the current year. Meantime, government trade data suggests that steel exports by the country climbed higher during July, the latest month for which data is available.

[www.ferro-alloys.com]After few years of gridlock over land allocation, protest by locals and mining issues, Tata Steel has finally withdrew from its plan to set up a 5.5 million tonne per annum (MTPA) green field integrated steel plant in tribal Bastar region...

[www.ferro-alloys.com] Bokaro Steel Plant (BSL) welcomed the panel of judges of Prime Minister's (PM's) Trophy on Saturday. The panel was here to adjudge the best integrated steel plant in the country and BSL left no stone unturned to prove a strong contender....