Industry: Iron and Steel


Long product (TMT Mumbai) prices were down ~1% WoW. Sponge iron and domestic scrap prices were unchanged WoW.
June 18, 2018, 11:12 a.m.
Publisher: motilaloswal.com

Long product (TMT Mumbai) prices were unchanged WoW. Sponge iron prices declined ~5% WoW, while domestic scrap prices were up ~4% WoW. Domestic iron ore prices were unchanged.
May 21, 2018, 10:50 a.m.
Publisher: motilaloswal.com

Long product (TMT Mumbai) prices were down ~1% WoW. Sponge iron prices were down ~1% WoW, while domestic scrap prices declined ~6% WoW.
May 14, 2018, 11:38 a.m.
Publisher: motilaloswal.com

Global steel demand will grow 1.8 per cent this year and 0.7 per cent next year, driven by favourable world economic momentum, though the market faces risks from rising trade tensions, the World Steel
April 18, 2018, 12:37 p.m.


India is clear it in no way deserves to be saddled with the 10 per cent higher import duty on aluminium and 25 per cent duty on steel as it neither poses a security threat to the US nor has it remained unresponsive to the bilateral trade imbalance.
April 18, 2018, 10:20 a.m.

India will bilaterally discuss import curbs on steel with the United States, trade minister Suresh Prabhu said on Tuesday, amid growing concerns of an escalating trade war over tariffs.
March 20, 2018, 12:23 p.m.

Long product (TMT Mumbai) prices were up ~1% WoW. Sponge iron prices were up ~3% WoW, while domestic scrap prices were up ~3% WoW. Pellet prices were unchanged. Domestic iron ore prices were also unchanged.
Feb. 19, 2018, 11:26 a.m.

The insolvency process has seen a disproportionate interest in steel assets
Feb. 19, 2018, 10:57 a.m.
Publisher: forbesindia.com

Whereas market is still suffering from sell-off pressure coming from global markets, few sectors have seen some good buying in last few days. Metal sector is one of them where a good stability is helping steel stocks to recover faster than others after recent selling pressure.
Feb. 12, 2018, 12:30 p.m.
Author : Coasilat | Publisher: coasilat.com

Its not direct control that may be mandatory but it is important that interventions done in iron ore or other raw material have the steel ministry on board.
Feb. 6, 2018, 9:45 a.m.