Tata Steel has announced a €55/t increase in steel coil prices effective 1 October in a letter to European customers.

These restrictions are expected to weigh on industrial activity and curtail power demand and generation further, Icra said.

The maximum price in the tender is €165,000/MW.

The Atlantic coking coal market is quiet this week, as several participants expected to take a wait-and-see approach until after summer.

China¡¯s Shanxi urges stricter coal sector flood action.

HRC import prices into Houston were flat at $460/st ddp.

Tata Steel India reported sales of 2.92 million tonne of steel in Q1 FY21 against sales of 3.96 mt in Q1FY 20.

Shipments by stockholders and distributors of EU multi-product & proximity steel, including long steel construction products, fell 8.7% in January-April from the year-ago period, with only rebar shipments increasing, Eurometal said.