Domestic prices of steel, of which India is among the three top global producers, are expected to climb 10-12 per cent this year.

RINL-VSP CMD Mr PK Rath observed that the steel industry is showing signs of improvement in the country with the introduction of Government’s new initiatives in boosting the spending on infra, construction and auto sector.

The top 20 positions increased and decreased varied, the purchase volume is more than the holding position.

The ferrosilicon price didn’t change much this week.

China Baowu Steel Group, the nation's largest steelmaker, is approaching its target of becoming a global industry leader with an annual output of 100 million metric tons as it intends to acquire a controlling stake in Chongqing Iron and Steel Co Ltd.

Top 20 positions increased and decreased varied, the purchase volume is less than the holding position.

Top 20 positions increased and decreased varied, the purchase volume is less than the holding position.

"As the Chinese economy is transitioning from high-speed growth to high-quality development, consumption is to play a bigger role in driving economic growth, while the economy will no longer excessively depend on investments," Li said.