Swiss commodity trading group IMR Metallurgical Resources has proposed to set up a major steel plant in YSR Kadapa district in Andhra Pradesh by investing more than INR 12,000 crore.

The deal should complete on Monday.

Over half of the capital goods monitored by the government posted lower prices in the last 10 days of February compared with the previous 10 days, official data showed.

China has resumed 83.4 percent of its coal production capacity amid the fight against the novel coronavirus outbreak, the National Energy Administration (NEA) said Wednesday.

Indonesia strengthens local iron, steel industry to reduce imports.

Union Steel Minister seeks Japanese investment in fast-growing Indian steel market.

Vietnam’s Steel industry forecast to grow by 6-8 percent in 2020.

During the month, the country splashed out 570.07 million USD on steel purchases, decreasing 28.8 percent from the same period last year.