The agency’s views are based on its study of 38 listed and unlisted Indian steel companies.

The IIP decreased by an estimated 1.6 percent compared to last month.

Vale said it plans a "coordinated exit" for its steel joint ventures, in an investor presentation this week.

French Government Threatening to Block Jingye Deal for British Steel.

The US president then again lashed out at the Federal Reserve, pressing it to lower interest rates and loosen monetary policy so that many countries can "no longer take advantage of" a strong dollar.

China can achieve the twin goals of net-zero carbon emissions and becoming a fully developed economy by 2050, according to a new report.

This means that China might have a chance to challenge some of the traditional options trading markets such as Singapore.

The decrease is 0.1 percentage point greater than expected.