Highlights Comments
ICRA: Indian domestic steel consumption to moderate to 7-8% in FY 2024-25
India's domestic steel consumption to moderate to 7-8 percent in fiscal 2024-25 |
Russia's Ural Steel plans to increase steel production with pig iron storage facility
Russian steelmaker Ural Steel has commissioned a temporary pig iron storage facility |
LME partner Metalshub plans for ‘green’ nickel price
The London Metal Exchange (LME) does not plan to launch a separate “green” nickel contract because the market is not large enough, but said its partner was developing an index price that will reflect demand for low carbon nickel. |
TCUD: Turkey becomes Europe's largest steel producer in January
According to a statement released by the Turkish Steel Producers'Association(TCUD), in January this year crude steel production in Turkey increased by 24.7 percent year on year to 3.2 million mt |
Indonesia says its nickel supply will keep global prices low
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Indonesia, the world’s largest nickel exporter, has a sobering message for struggling producers of the battery metal elsewhere: don’t expect any meaningful revival in prices. |
Zaporizhzhia Ferroalloy Plant plans to continue idling in March
Ukrainian ferroalloy companies reduced production by 57.4% in 2023 compared to 2022. |
Egypt studies Italian proposal for $4bln iron industrial park
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The project aims to lure investors to set up a green hydrogen production plant with investments estimated at $2 to $3 billion |
Ezz Steel slashes iron prices in Egypt
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Ezz Steel has reduced iron prices in Egypt by EGP 7,020 per ton |
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