ferro-alloys.com:Indian Silicon Manganese Market Prices 10 March 2020

Ferrosilicon tender notice of March, 2020 (3/10/2020).

Based on the Commerce Department’s most recent Steel Import Monitoring and Analysis (SIMA) data, the American Iron and Steel Institute (AISI) reported today that steel import permit applications for the month of February totaled 1,823,000 net tons (NT)*.

CITIC Pacific Special Steel Group Co., Ltd. reported revenue of 2019 at ￥72.62 billion.

The American Iron and Steel Institute CEO to Retire.

Swiss major IMR Metallurgical Resources-AG has proposed to set up a steel plant in Kadapa district of Andhra Pradesh at an investment of over Rs 12,000 crore and an annual production capacity of 10 million tonnes.

Amid deepening coronavirus crisis across the world, global steel giant ArcelorMittal has expressed apprehensions of its sales and profitability getting impacted in 2020 in case the virus spreads widely through Europe, particularly in Italy.

The Covid-19 outbreak is likely to adversely impact Indian steel prices.