The purpose of the proposed fundraising is refinancing its existing high-cost debt.

"he two Indian steel companies will benefit from rising steel production on the back of continued demand growth."

"I think steel touches all parts of the economy..."

Between January and August, Hoa Phat sold 252,883 tonnes of steel to the domestic market.

[Ferro-Alloys.com]Tata Steel is weighing up a move into merchant mining to harness its expertise in iron-ore and coal mining.

[Ferro-Alloys.com]The New South Wales Independent Planning Commission (IPC) has approved a AUS$381mn to be developed by Glencore and US coal producer Peabody.

ferro-alloys.com:BHP reaches agreement on Nimba-sources

ferro-alloys.com:Iron ore of China fell for a second in a row