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

Indian coke import data rebuts monsoon demand effect.

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

The iron ore price is project to drop to $55/t fob by the end of this year's final quarter, the Australian treasury said.

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

Western Australian (WA) iron ore developer Strike Resources plans to start shipping lump and fines from its Paulsens East iron ore project in the Pilbara next year.

Indian steel industry’s gross spreads per tonne for both hot rolled coil (HRC) and rebar is expected to fall in the second quarter of FY21 with a further fall in steel prices due to oversupply, said India Ratings and Research in a sector report

South Korean steelmaker Posco is partially restoring its rate of production on expectations that resumption of industrial activity in China and elsewhere around the world will drive a recovery in steel demand in this year's second half from a slump brought on ...