[ferro-alloys.com] The steel ministry has expressed concerns that cost of steel manufacturing will increase as electricity, being one of the major inputs, has been kept out of the Goods and Service Tax.

Prices for iron ore skyrocketed Tuesday as Rio Tinto (ASX:LON:RIO), the world’s second largest exporter, warned Tuesday that shipments from Australia were expected at about 330 million tons in 2017. That’s down from its April forecast of 330 million-to-340 m...

[ferro-alloys.com] BHP has hit its annual production target for iron ore for the financial year and posted strong growth from its thermal coal mines at the same time an industrial action overseas trimmed its copper operations.

[ferro-alloys.com] Consumption of finished steel grew by 2.6% in 2016-17, whereas production grew by 8.5% over the previous financial year, according to the data published by the Ministry of Steel.

The three-month copper price was trading above $6,000 per tonne at the London Metal Exchange’s close on Tuesday July 18, supported by a weaker dollar, which is trading at a 10-month low.

Ferro-Alloys.com: Australian Renowned Group “OM Holdings Ltd.” 75% owned & Cahya Mata Sarawak Bhd. (CMS) 25% owned Joint Venture Company “OM Materials (Sarawak)” intends to produce 35000 Tonnes of Ferroalloys per month. OM Materials (Sarawak) is fully pre...

[ferro-alloys.com] Rio Tinto said it expects iron ore shipments to come in at the lower end of its target for 2017 at 330m tons amid further rail maintenance in the second half of the year.

[ferro-alloys.com] It is heartening to note that Indian economy is moving at the highest rate in the recent period and would continue to do so in the near future if the projections by IMF, World Bank, ADB and other reputed consultants are to be believed. In th...