Industry: Iron and Steel

Lower inventory in China and a stable margin will help Indian steelmakers when prices are at their lowest in nearly a year.
Dec. 21, 2018, 10:32 a.m.

That’s good advice for working out the long-term direction of commodities prices. Ask mining companies which of their mineral assets will see good long-term demand and they’ll naturally answer, “All of them.” But a look at spending can give the lie to that rosy outlook.
Dec. 21, 2018, 10:28 a.m.

Video article on Steel Demand Supply Cost Dynamics Turns Sour.
Dec. 7, 2018, 10:22 a.m.

Long product (TMT Mumbai) prices were down 1% WoW. Sponge iron prices were down 1% WoW while scrap prices were up 3% WoW.
Dec. 3, 2018, 11:27 a.m.

The steel sector, which is on a consolidation mode now under the IBC process amidst strong domestic demand, is unlikely to witness any greenfield expansion as mill-owners are likely to go in for brown.
Dec. 2, 2018, 10:57 a.m.

Steel price volatility in the global markets triggered by the supply glut in China should eventually seep into the Indian steel market.
Nov. 29, 2018, 11:10 a.m.

Industrial metal prices have tumbled to their lowest in 17 months as falling demand in China and trade war concerns have made commodities cheaper.
Nov. 29, 2018, 10:19 a.m.

India registered a marginal growth in its crude steel output at 8.77 million tonne (MT) during October 2018, according to World Steel Association (worldsteel).
Nov. 26, 2018, 8:03 a.m.

Will help reduce dependence on imports, enhancesteel output.
Nov. 14, 2018, 3:24 p.m.

Long product (TMT Mumbai) prices were up 2% WoW. Sponge iron prices were up 1% WoW and scrap prices were also up 2% WoW.
Nov. 12, 2018, 11:08 a.m.