Global insight

Cliffs steel, iron ore restarts hinge on auto sector

Cleveland-Cliffs expects its US steelmaking operations to begin normalizing over the second and third quarters, depending on automotive plant restarts.

Tuesday, May 12, 2020

Toyota predicts 22pc drop in 2020-21 global car sales

Japanese carmaker Toyota Motor has projected that its global car sales will fall by 22pc from a year earlier.

Tuesday, May 12, 2020

India to speed up clearances for coal projects

India has set up a project monitoring unit to speed up the development of coal mines and raise domestic output, as part of its broader aim to cut imports.

Tuesday, May 12, 2020

Vale sees a ‘very vigorous’ economic recovery in China

“Industrial activities (in China) are practically at their normal levels…Civil construction is also rising daily and steel and iron ore stocks are falling,” he said.

Tuesday, May 12, 2020

Japan’s April power demand falls amid Covid-19 pressure

Japan's power demand in April fell compared with a year earlier, with the impact of the Covid-19 pandemic offsetting a weather-driven demand increase.

Tuesday, May 12, 2020

Tata Steel emerges biggest producer for FY20; SAIL comes in second

This growth was led by a ramp up of Tata Steel BSL and acquisition of Usha Martin steel business by Tata Steel Long Products in April 2019.

Monday, May 11, 2020

Hoa Phat’s construction steel exports up 17 percent in April

Hoa Phat Group, the largest steel maker in Vietnam, exported over 20,000 tonnes of construction steel in April, up 17 percent year-on-year.

Monday, May 11, 2020

JSPL's crude steel output remains flat in Apr 2020

Private steel player Jindal Steel and Power Ltd (JSPL) has said its consolidated crude steel production remained flat at 6.5 lakh tonne (LT) during April 2020.

Monday, May 11, 2020
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